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F1 Management Will Pick Up $40M Cost Of Cancelled Bahrain Grand Prix
Published February 23, 2011
TOO BIG FOR HIS BRITCHES? In Toronto, Norris McDonald wrote the “chickens are starting to come home to roost” for Ecclestone. He “started doing business with a number of countries where, to put it mildly, the democratic rights of the citizens who live there are not anywhere near the top of the ruling classes’ list of priorities.” The ’11 F1 Grand Prix schedule includes races in Bahrain, Malaysia, China, Singapore and the United Arab Emirates, and Ecclestone “is the genius who took what essentially was a European open wheels series and turned it into a true, international, world championship.” But instead of letting F1 “grow naturally and on its own, he upped the ante so much that his short-sightedness is threatening not necessarily to destroy it but to severely hobble it” (THESTAR.com, 2/22).