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Brawn: F1 not facing financial crisis

Ross Brawn has downplayed fears that F1 is facing a financial crisis, saying there are always one or two teams who struggle more than others. The end of last season saw the demise of HRT due to financial reasons while Marussia terminated Timo Glock's contract in order to sell his seat to a paying driver. Marussia, though, are not the only team turning to paying drivers as big sponsorship deals for teams are not always easy to find. However, Mercedes have done just that, signing Blackberry, while Emirates Airline have just confirmed a deal to sponsor Formula One worth a reported £125million over five years. These deals, Brawn reckons, are proof that Formula One is not facing a crisis....
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12y ago from PlanetF1.com 0
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