Financial Crisis Hit Formula 1( F1 )

They’re saying we haven’t seen a financial crisis like this since 1929. Good news is thin on the ground, and it’s hardly surprising that life is getting tough in motor racing circles, too – even for the biggest makes and marques.

Joe Saward’s analysis of the state of Grand Prix racing as we head into 2009, plus excellent columns from Gordon Kirby and Andrew Frankel on the pain being felt in US racing and the road car industry as a whole, deliver a definitive account of the challenges facing the sport and business. The magazine also offers a damning verdict on the leadership of the sport, which appears to have been left with little to fall back on as the crisis has developed.