Australian GP Lacks F1 Sponsor for 2010 Event

The 2009 Australian Grand Prix was a success from a sporting standpoint, as it set the base to Brawn GP’s domination in the Formula One Championship against big guns like Ferrari and McLaren. However, from a financial point of view, the event at Albert Park caused the taxpayers no less than $40 million (in losses).

If many of you are thinking that this is as bad as it gets, find out that the Aussie fans are in for more. As reported by the media, and confirmed by race organizer’s c… (read more)