when we think of F1 we envision fast cars and exclusive yachts in Monaco.. it is testament to how far reaching the credit crisis has been that the people in F1 are also affected. According to breadmarket
small businesses that rely on banks' line of credit to keep running are having to scale down as they're running out of money and cannot get new loans or in some case banks are calling in old loans earlier than arranged. Like them, we hear that some grand prixs will have to be cancelled and teams are instructed to be prudent.
But are things really that bad? you'd think the sport makes enough money from sponsorships that they needn't make any knee-jerk adjustments that may ruine the experience for the viewing public!