McLaren survives Vodafone sponsorship pull
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RBS should be made to pull out of F1 or hand back the tax payers bail out money!!
Posted by phil taylor (333 days ago)
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F1 » McLaren survives Vodafone sponsorship pull

Amidst the current global credit crunch, leading telecommunications company Vodafone pulls out of major sponsorship deals in both cricket and football - but McLaren-Mercedes and F1 escape for the time being.

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Perhaps this may stop the exorbitant amounts paid to sportsmen. Frankly as is the case of CEOs of companies these amounts are not justified. Plenty of companies declare bankruptsy but just before they pay the parachutes to their senior staff without a hesitation. In the sports we have a similar situation and sometimes for players who deserve nothing.
Posted by karga (334 days ago)
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I wouldn't be surprised if more sponsors pull out before the start of the season. The real impact hasn't been felt yet and won't until the new year, after accounts have been closed and the real situation hits home. As McLaren's major sponsor, Vodafone staying is good news for them, unless they decide that they need to cut back even more.
Posted by Calvin _ (334 days ago)
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I reckon RBS could/should maybe do the same, they sponsor a lot of grands prix and they are suffering big time.
Posted by Stephen - Unregistered (333 days ago)
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RBS should be made to pull out of F1 or hand back the tax payers bail out money!!
Posted by phil taylor (333 days ago)
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