Insofar as it involves teams competing for trophies inside a championship with rules and regulations, Formula One is a sport. But, like all modern sports, Formula One is also a business. There are profits and losses, deals to be cut, and money to be made or lost. Which is no criticism. Any professional sport is a business these days, and sports fans who hope to glory in pure, unsullied competition of any sort are better served by amateur efforts. If they can find them, that is, as part of the business of modern sport is television coverage (and lots of it). But what became startlingly clear during the Thursday press conference in Monaco, which featured team principals and their deputies...
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