Ahh grandprix.com always the source of informed commentary. Not.
Couldn't let this little gem pass up without discussion:
http://www.grandprix...gt/gt20918.htmlQuote
Shanghai does not understand Formula 1. It never has and I doubt it ever will. Formula 1 is a circus but they have better things to spend their money on. And if they like watching cars racing and crashing they do not need to go to the middle of a marsh out in the burbs to watch it. It is happening every day on every street. Driving standards in Shanghai are right up there with sub-Saharan Africa. On the day when the FIA put out its ridiculous statement about standardised engines in F1 one could not help but wonder whether it would be better if Max Mosley and his disciples would not be of more use saving the Chinese from road accidents if they are looking for a raison d'etre, rather than messing around with a sport which will always regulate itself for the simple reason that it is run by businessmen who understand when too much is too much.
Gee Joe, would those be businessmen like, I don't know, all of them, that knew too much was too much with the naked proliferation of collateral debt obligations, credit default swaps and over leveraged junk borrowing?
This guy, Saward, is plainly an idiot.
We now know full well that businessmen will happily hang themselves if you give them enough rope - all you need to do is promise them outrageous profit just shortly before the oxygen supply ceases reaching their brains. The very businessmen that own F1 are guilty of the same sort of business practices that have put the planet in to the precarious financial position it is in today.
Maybe a little over regulation, as prescribed by Max Mosley and his 'disciples' is better than no regulation - something spectacularly demonstrated by the US and UK governments and their respective policy and regulatory bodies the BOE, FSA, SEC and Fed during the last decade.
But maybe we should trust 'honest' Joe, and just put our minds at rest safe and sound in the knowledge that the hedge fund that owns the sport we love are truly altruistic and would never see the sport damaged for their own short term financial gain.