GP2 » iSport seeking to sell cars, exit series

iSport is seeking to sell its GP2 assets and will not be taking part in the 2013 in its current form, according to reports circulating late on Friday.

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Jay - Unregistered

February 22, 2013 9:44 PM

Motorsport at this level would almost be better off calling itself an amateur sport and seeking lottery funding !
It's the old Premier league / Football League arguement. The Premier league (F1) generates all the cash,and the lower formulae live off scraps.But it's the lower formulae that develop the drivers. In other words,as purely a short term measure until a better solution ican be found,more cash has to be distributed down from the company that rakes in all that tv revenue. But short term greed will always outweigh the long term benefits to motorsport.
Either way,it's pathetic that a team with the expertise of ISport has to scratch around for 500,000 Euros,which is loose change in F1.
And,yes,I do realise we're in a recession and any business is subject to market forces. But try pitching an idea in Dragon's Den where you hope to build a business around finding a couple of pay drivers each year. It's just ridiculous.
And how depressing is all this to some young guy or gal in the ju

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