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This sporting life

Big money sports will feel the pinch in the downturn, but at least motor racing can look to Palestine for inspiration. Plus, what the Tampa Bay Rays could teach Hank Paulson

By David Goldblatt   November 2008

Auto sports as political protest

This year has been a tricky one for global motorsports. The immense success and popularity of Nascar in the US and Formula One across the world—not to mention the minor formulas of the motorbike and rallying circuits—have been predicated on cheap oil. But this is not because it keeps running costs low—with engines and gearboxes alone in Formula One costing up to £50m a season, fuel is a pretty insignificant issue. Instead, cheap oil has been the fuel that has supercharged the motor industry and its global reach, as well as the demand for luxury…

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