Summary
FIA president Max Mosley has warned that Formula One may only survive one more year if it does not introduce dramatic spending cuts.
Mosley admitted he is worried for the future of the sport due to the spiralling costs associated with running a team.See the full content of this document
Extract
Mosley: Cut Spending or F1 May Crash ; Formula One
He insisted that the sport could not afford to survive on billionaires' handouts ...
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