Formula 1 Crisis Are Home-Made Says Gerhard Berger

Formula 1 Crisis Are Home-Made Says Gerhard Berger

Formula 1 Crisis Are Home-Made Says Gerhard Berger

Team Red Bull


Former Toro Rosso co-owner and driver Gerhard Berger, who pulled out his 50 per cent stake in the squad in December, said he remains passionate about the sport - but that it was becoming unhealthy.

“I had to see Formula One as a business, and I do not want a business in an environment that is unhealthy,” he said.

“F1 is not only being affected by the global financial crisis; our sport’s crisis is also home-made.”

“Formula One has moved on to thin ice,” he said. “The organisers of the traditional tracks cannot afford it any more. The high costs mean that it cannot be covered by the normal sponsors.”

Read the full story

You could get van insurance for as little as £276 (based on quotes provided to 10% of callers. (Source: MORE TH>N BUSINESS October 2009) when you buy online as well as other great offers when you buy a business insurance product.

With our home insurance policy, when you buy buildings insurance, we'll give you contents insurance up to £75,000 absolutely free! or for contents worth more, try our high value home insurance cover

Buy pet insurance online and benefit from a 20% discount! From 8 weeks old onwards, your pet cat or dog will be covered regardless of its age (covers each new injury or illness up to £7000).

Free helplines for legal advice, medical advice and post-accident counselling, and discounts on our breakdown cover with our car insurance UK based personal customer manager.

Apply at MORE TH>N and we'll give you the best quote from our panel of leading insurers to help find you the cheapest life insurance policy. Prices start from only £5 a month.

Choose a Newsfeed
use the newsfeed below to search the full Auto Racing Daily story archive