FEB 01st 2017

Top 10... Defunct Formula 1 teams

Disappointing, but not unexpected, news last week that the Manor Formula 1 team had closed its door after failing to find a buyer to keep it afloat, added further evidence to the charge that motorsport’s top tier’s financial management needs a major overhaul. With the frontrunning teams having hundreds of millions in the bank to fund R&D, development and resources, and the tail-end squads barely scraping together millions, it’s no wonder they could no longer – literally and metaphorically – keep up.


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