Saturday, 6 December 2008
Honda Hits the Formula One Crash Barrier
. . . and F1 hits the lobbying trail again.
Always a source of pride, this country plays a dominant role in the technology that drives motor racing. Messrs Eccelestone and Mosley, who also drive the sport, are local products as well. And they've always known the path to the door of British politicians: so the words "Lord Mandelson met representatives of the industry on Friday" bring a wry smile.
Yes, Peter Mandelson, is "under pressure to protect the thousands of engineering, hospitality and logistics jobs that provide the support network for formula one after the collapse of the Honda motor racing team."
Let's see now: we bail out Formula One, to save jobs in, err,
- ... you get the picture
No, I think we can safely say this is one for the UN. Or the IMF. Or the World Bank. There couldn't be anything Max Mosley could suggest to Lord M in order to obtain special treatment. Could there ? Lord Mandelson ... ?
Posted by Nick Drew