Monaco: Not recession proof?

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Monaco has long been considered the pinnacle of the F1 calendar. A place so glamorous and high-brow that money swam from is gutters and the Hollywood elite often graced the paddock from nearby Cannes. According to Ed Gorman and Joe Saward, this year is different. Gone are the masses of yacht’s and otherworldly stars of finance and film.

Is the recession actually impacting the crown jewel of F1? Keep this in mind folks when you consider why Bernie is adamant about the $60 million dollar budget cap. His cash machine isn’t making the “ding” sounds it used to and all the famous talk of saving F1 from itself is really only self preservation for the CVC note, FOM and the FIA. It is a ruse and Ferrari know it.

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