Formula One racing and its host nations have a symbiotic financial relationship, brought into sharp focus by the latest events in Bahrain.
For six years Formula One and Bahrain had an uncontroversial partnership which benefited both the sport and the state.
In 2004 Bahrain became the first Middle Eastern country to host a motor racing grand prix, in a move overseen by the Crown Prince.
A brand new circuit was built at a cost of around £100m, and the event brought attention and prestige to the tiny but wealthy nation, which has a population of just 1.2 million. Read More
Posted by
Master
on Saturday, April 21, 2012
Labels:
FINANCIAL EVENTS
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