'Councillor Nicholas Rushton, county council cabinet member for highways, said: "As far as I am concerned, they (Donington Park) are completely and utterly bonkers. East Midlands Airport is completely commercially run and I would be surprised if they would agree to stop their flights."'
"I was sceptical about was the financing of the whole thing using a debenture scheme. I mean, can you imagine trying to find companies and individuals in this economic climate, willing to give you £18k for a debenture and then commit to another £7k a year? It was a good business model in the bull market and worked at Wembley and to a lesser extent Arsenal’s Emirates Stadium before the credit crunch came. But the critical point, according to Gillett, is that the risk on the scheme doesn’t lie with him, it lies with his debenture partners IMG, the sports marketing firm and Goldman Sachs, the investment bank. He says that they committed to the programme before the credit crunch came, so he will get his money anyway whether they sell 10 debentures or 10,000. He gets the up-front money, they get the annual fee. If that is the case, then he certainly got his timing right and this event could well come off."
"There isn't a team in the paddock who wouldn't give their right wheelnut to employ Sebastian Vettel just now."
"Robert Kubica has followed in the footsteps of world champions Fernando Alonso and Kimi Räikkönen in founding his very own kart team."
The Motorsport Industry Association has agreed a package of government support to assist UK motor racing companies during the economic downturn.
Jonathan Palmer: "Anyone who isn’t concerned about the situation is kidding themselves, but the ‘middle order’ of motorsport that doesn’t rely on sponsorship should cope better."
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