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22nd September 2013, 20:57
#1
F1 - where has all the money gone?
With even decent teams like Lotus and Sauber struggling for cash, it really makes me wonder why there are very few "real" sponsors involved in F1? It has a fanbase of hundreds of millions around the world, probably of a good demographic, yet there seem to be very few big brands interested in F1 these days.
By "real" sponsors, I mean ones which don't either
- own the team (Red Bull)
- Are owned by the owner of the team (Kingfisher e.t.c.)
- Are linked specifically to the driver (PDVSA, Venezuela e.t.c.)
It seems not only is F1 too expensive, but the corporate world is not really interested.
I think it's a problem when even relatively successful teams like Lotus can't pay their bills.
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