When an investment firm Liberty Media bought Formula One last year for $4.6 billion, it inherited serious problems. The ten teams that compete for the championship are similar to every other sport team on the planet in that the measure of their success isn’t their profit margin, but rather the results on the board.
Despite the fact that Germany is the cradle of the automobile, it wasn’t until 1994 that one of them managed to win a Formula 1 championship. It was legendary Michael Schumacher who broke the fast for the German drivers. After that, there was no stopping them and they took almost half of the trophies since […]
From the uninitiated fans’ point of view, Formula One doesn’t look like a physically demanding sport. Yes, drivers have to have great reflexes, but it’s not something you need to spend countless hours in a gym to prepare for, like other sports. After all, the car does all the work, all a driver has to […]
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