Articles tagged Lehman Brothers

Page 127 of November 2008 archive issue thumbnail Page 127, November 2008

Big numbers

Times are hard, but racing memorabilia is still selling Even in these troubled times, auction records are still broken on a weekly basis. In fact, an auction hardly passes without a press release containing the words ‘record price achieved’ or ‘new world record set’. But when a car registration number sells for £397,500 at the Bonhams Goodwood Revival sale, setting a new record (the previous was...

Page 13 of November 2008 archive issue thumbnail Page 13, November 2008

F1 rights holder under strain

The latest financial results for Formula 1’s commercial rights holder show it may need a hefty boost to motor through the economic downturn. F1’s revenues are mainly comprised of broadcasting rights and race hosting fees, which together raised £530 million for the sport’s UK parent company last year. But this was only a slight increase on the £410m the business made in 2006 over the nine-month...

Page 14 of March 2009 archive issue thumbnail Page 14, March 2009

Nigel Roebuck

Reflections – Why F1’s ‘regime’ feels threatened by FOTA – Ron chooses his moment for team handover – The night The Beatles stayed at Indianapolis "How come,” goes the old joke, “that there’s only one Monopolies Commission?” In the same vein, one idly wonders why, in this era of necessarily obsessive cost-cutting in Formula 1, the actual cost of a Grand Prix – the price charged to race promoters...

Page 18 of November 2009 archive issue thumbnail Page 18, November 2009

Nigel Roebuck

Reflections – Why Singapore saga is no surprise in today’s ‘sport’ – No one had a way with words quite like Frank… A busy time it’s been in Formula 1, with three races – Valencia, Spa, Monza – in four weekends, and briefly the emphasis was on motor racing, in particular the glorious Indian summer of Rubens Barrichello, a well-loved man winning Grands Prix in his 17th season. Remarkable. By the...

Page 18 of January 2009 archive issue thumbnail Page 18, January 2009

Nigel Roebuck

Reflections – Title decider had shades of Hawthorn vs Moss – Why standard engines have no place in F1 If the rain at Interlagos had kept from suddenly worsening for another half-minute or less, Sebastian Vettel and, more importantly, Lewis Hamilton would never have caught Timo Glock on the last lap, and Felipe Massa would be the World Champion of 2008. For a brief moment indeed, as he took the...

Page 75 of July 2012 archive issue thumbnail Page 75, July 2012

Formula 1: the big questions

Key decisions in the next 12 months could permanently change the shape of Grand Prix racing. From the commercial management to the future health of race teams and circuits, we pinpoint the challenges F1 is facing – and offer some potential answersBy Christian Sylt and Caroline Reid Formula 1 seems to thrive on uncertainty and chaos. Rarely is there a time when the regulations are certain, no...

Page 16 of February 2009 archive issue thumbnail Page 16, February 2009

Nigel Roebuck

Reflections – F1 in crisis – but it need not have come to this – Surtees’s GP assessment still resonates today On Wednesday, December 3, I was due to attend Honda’s traditional end-of-season lunch, but on the Monday a letter, signed by Nick Fry and Ross Brawn, arrived by e-mail. In light of the prevailing economic situation, it said, and the fact that the company’s English plant was down to a...

Page 51 of February 2009 archive issue thumbnail Page 51, February 2009

A hard rain's a-gonna fall

Formula 1 is facing the biggest financial storm in its history. The sport must adjust, or face being washed away By Joe Saward There is no doubt that history will recall recent events in the financial world as ‘The Crash of 2008’. We still do not know just how bad the effects of this will ultimately be, nor what implications it will have for the world. And this is the worry for motor sport, which...

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