The poverty stricken masses will be delighted to learn that while the world at large scrapes around, awash in recession and despair, the richest sport on the planet has become flush once again.
Everyone can call off the bucket collections because Formula One has signed a lucrative deal with UBS, Europe’s second-largest bank making them one of their “Global Partners”. Unfortunately for the likes of Hispania and the other struggling small teams they won’t see a penny. The deal is for advertising boards and other such services that decorate the side of the track and the paper plates in the VIP section.
Read more here: http://blogs.bettor.com/Formula-One-is-rich-again-you-can-bank-on-it-a23227
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