DECEMBER 10, 2004

F1 coverage to reduce?

Coverage of Formula 1 racing could take a hit in the months ahead if the international newsagency Reuters decides to axe its coverage of Grand Prix racing. Reuters is a major supplier of information about F1 which is used by many websites and newspapers around the world. The company says that it is planning to drop some of its non-core activities and Formula 1 could be one of the victims as Reuters is fundamentally a financial reporting business. At the moment the company has a reporter who specializes in motor racing but may decide to use local coverage instead.