APRIL 12, 2001
DaimlerChrysler extending its financial business
DaimlerChrysler is working with insurer Allianz (coincidentally a BMW Williams sponsor) to put together the insurance deal.
The insurance plan highlights the desire amongst car companies to extract the most money possible from the car business - by whatever means possible, a wish which is pushing the car firms to demand more money from Formula 1 in the future.