Virtually no one is immune to the global economic crisis — not even the billionaire boys club that is Formula One.
 In the last decade or so, Formula One has morphed into a near-complete corporate marketing toy, mercilessly hacking away passionate private owners such as Eddie Jordan and Giancarlo Minardi in favor of companies such as BMW and Red Bull. As a result, top-flight Formula One teams typically now spend around $150 million to $445 million a season, with 10 teams in 2008 supposedly spending close to a collective $3 billion… More info
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