Showing posts with label economic crisis. Show all posts
Showing posts with label economic crisis. Show all posts

Thursday, December 4, 2008

One for All F1 for None

Honda is quiting F1.

A racing Dynasty has come to an end.

The all-new Honda City; too expensive for its own good.

Honda has announced that it was pulling out of Formula One due to the global financial crisis, raising further concerns over the notoriously expensive sport's future.


Honda Motor president Takeo Fukui made the announcement at an emotional press conference, repeatedly apologising to fans, staff, drivers and F1 authorities.

"Honda Motor Co. has come to the conclusion that we will withdraw from all Formula One activities, making 2008 the last season for participation," Fukui said.
"This difficult decision has been made in light of the quickly deteriorating operating environment facing the global auto industry, brought on by the subprime problem in the United States, the deepening credit crisis and the sudden contraction of the world economies,"
he added.

Honda has been involved with F1 since 1964 and has clocked up three wins, including Jenson Button's in Hungary in 2006. ~MSN news


See, what they should do ... is to stop over-paying their F1 Drivers.



Q ... Honda is synoymoous with F1 . End of an exciting Era.

Monday, December 1, 2008

Talking Dirty



Britons may be tightening their belts to cope with the credit crunch, but their favourite free leisure activity involves whipping off their clothes, a new poll showed Monday.


However the overall figure disguised a stark difference between men and women, with female respondents preferring a good gossip to a good time between the sheets.

"During the credit crunch our famed British upper lip might not be as stiff as before but other parts still are,"
said Lisa Power

(Stiff? Which parts are stiff according to Mrs Austin Powers ? :p)


However, while 53 percent of men ranked sex as number one, only 21 percent of women put sex atop their list, with 28 percent saying they preferred gossiping with friends. ~MSN News

MEN .....



Q