News On F1 - Formula 1 News, Results, Information and Statistics

Formula 1 Store
F1 Tickets, Tours, Gear
F1 Books
& Biographies

Formula 1 News - October, 2008
Credit crunch good for F1 - Irvine

F1 Merchandise
Main Page
Formula 1 News
2009 F1 Schedule
2009 F1 Line-up
2008 F1 Schedule & Results
2008 F1 Line-up
F1 Team Reports
F1 Teams
F1 Drivers
8 'n' Pole
Register - Submit
F1 Regulations
The Forums
Live F1 Coverage
Motorsport Shop
Motorsport Calendar
F1 Merchandise
UK
- USA
F1 Tours
F1 Tickets
F1 Diecast
F1 Videos
F1 Games
F1 Trivia
Past Formula 1 Seasons
2007 F1 Results
2006 F1 Results
2005 F1 Results
2004 F1 Results
2003 F1 Results

2002 F1 Results

2001 F1 Results

2000 F1 Results

1999 F1 Results

1998 F1 Results

1997 F1 Results
Links
Translate
Search
Contact Us
About
Archives
Your Say
Diagnosis & Prognosis
By the Heretic
Controversy Corner
The Real Race
By the Quali-flyer
F1 Testing
2006 World Cup


Oct.3 (GMM) 1999 formula one runner-up Eddie Irvine believes the global financial crisis will be good for the sport.

"It will level the playing field off a little bit. Money hasn't made the show any better, it has made it worse," the retired former Ferrari and Jaguar driver, 42, told Sky News.

He reasons that if the big-spending manufacturers are forced to throttle back, the on-track competition will therefore close up because the smaller teams become more competitive.

"The sponsorship deals are subsidised by car manufacturers. You're going to see the spend come back and it has to come back because it has been madness for years," the Ulsterman said.

Irvine said he is an admirer of championship leader and countryman Lewis Hamilton, but recalls how just a year ago the Briton threw away a big title lead.

"It was like he took his brain out and said 'let's have an accident'. This year will be different.

"Lewis will have learned from what happened, but you have to remember he was only 21 then and you remember what you were like at 21!" Irvine added.

Share this article on your favourite social site



Discuss this topic on NewsOnF1 Forums

Latest Formula 1 News Headlines
11 Feb: Sandstorm halts Bahrain testing
11 Feb: More bad news about Donington Park
11 Feb: Ralf secures new Mercedes DTM contract
11 Feb: F1 and sports cars no problem - Bourdais
11 Feb: Slim Buemi wants to lose 5 kilos
11 Feb: Vettel's new colour-changing 'disco' helmet
11 Feb: Singapore GP a financial success
11 Feb: No launch for new Force India next month
11 Feb: Dennis, Hamilton, win award
11 Feb: Red Bull fast in Spain, Toyota in Bahrain
11 Feb: Button facing end of F1 career - Coulthard
11 Feb: Chandhok blames 'finance' for F1 struggle
10 Feb: Hockenheim dilemma leaves Bernie 'unhappy'
10 Feb: Vettel plays down fears of driver 'strike'
10 Feb: Vettel gained weight ahead of 2009 season
10 Feb: Bourdais confirmed for Le Mans, Sebring
10 Feb: New helmet design for Vettel
10 Feb: Donington denies debt reports
10 Feb: French government gives Renault 3bn euros
10 Feb: Glitch halts new Red Bull's debut

The latest Formula 1 News

Back to the main news page

Back To Top


Google
 
Web NewsOnF1.com
NewsOnF1.net (Forum)

 
F1 Tickets
2009 Australian F1 Grand Prix
also Accommodation packages
2009 Malaysian F1 Grand Prix
2009 Bahrain F1 Grand Prix
2009 Spanish F1 Grand Prix
2009 Monaco F1 Grand Prix
2009 British F1 Grand Prix
2009 Belgian F1 GP
2009 Abu Dhabi F1 GP
MotoGP Tickets
more Motorsport Tours & Holidays
2009 Clipsal 500 package (Adelaide)

Official 2007 F1 Season Review

Autocourse 2007 Annual

F1 Merchandise US

F1 Merchandise UK

Motorsport Magazines

Formula 1 Annuals

Formula 1 Yearbooks

Formula 1 Season Reviews

Formula 1 Technical Books

Formula 1 Design Books

The Official Tribute To Ayrton Senna
1960 To 1994

Chariot Makers: Assembling the Perfect Formula 1 Car

The Science of
F1 Design

Formula 1 Books

Race Driving Books

Race Car Design Books


Ayrton Senna

Past Formula 1 Drivers