Will Formula 1 need to refund sponsors for cancelled Middle East races? Sport Business Anna Sowerby dissects what happens with sponsorship agreements when events, such as Formula 1 Grands Prix, are cancelled As we enjoy yet another blockbuster summer of sport, the current global landscape is a stark reminder of just how quickly situations can change and put events at risk of being cancelled. The obvious example being the [...]
Buy existing F1 team, FIA boss tells Andretti trouble in paradise The president of F1’s governing body has insisted that wannabe grid team Andretti should buy an existing team rather than continuing to introduce a new outfit to the paddock. Andretti have ramped up their hopes of being involved with Formula 1, investing in a UK factory and staff. But they have so far been unsuccessful [...]