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Then there are the scandals, and the last few seasons' have been turbocharged doozies. First, in 2007, McLaren was fined $100 million after an engineer was caught with documents supplied by a rogue Ferrari employee. Then, last September, one of F1's most flamboyant team managers, Renault's Flavio Briatore...
One reason for the meltdown is money. Unlike most other motor sports, F1 is as much a battle between engineers as it is a race between drivers. Spurred on by a space-race mentality, F1 teams were research-and-developing themselves into oblivion. "The cost was growing beyond the point...
It was Mosley's determination to save the sport from itself that led to last summer's crisis. Frustrated by negotiations that went nowhere, Mosley tried to impose a budget cap of $64 million per team. The teams couldn't figure out which they liked less, the cap or Mosley...
See the most exciting cars of 2010.
The Old Magic Having dodged a hail of bullets last year, the barons of Formula One are breathing easier. Drivingwise, F1 looks a lot more exciting than it has in years. Last year's champion, Jenson Button, and 2008 winner Lewis Hamilton, both Brits, are driving for McLaren. Schumi's...