Originally posted on joeblogsf1:
I am anything but a good businessman but, in my favour, I love Formula 1 motor racing and I am passionate about it and so when I see rampant profiteering going on at the expense of the sport, I get annoyed. I want the best possible Formula 1 and so I naturally object to what the financiers have done to the sport. Suffice to say that if I was a multi-squillionaire I would buy the sport and fix it the way I think it should be. A lot would stay the same but distribution of money would be very different and no teams would get an advantage.
From a philosophical point of view, I don’t understand the super-rich. If you are comfortable for the rest of your days why is there any need to screw every penny from every deal. Yes, there is ego and the pleasure of doing the…
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