The Reuters global sports blog
Speaking about the Formula One calendar and the continuing expansion to east and west, the sport’s commercial supremo Bernie Ecclestone declared this month that Europe was “finished“.
“It will be a good place for tourism but little else,” he told Spanish Sports daily Marca. “Europe is a thing of the past.”
With the financial pages full of Europe’s woes and the rise of the fast-moving BRIC (Brazil, Russia, India, China) bloc, the 81-year-old was not just being his usual deliberately provocative self.
Formula One has always followed the money and there is still plenty of that sloshing around in the Middle East and Asia.