OCTOBER 18, 2005

Shnaider must front up or shut up

Midland F1 team owner Alex Shnaider should have known when he entered Formula 1 that it was going to be expensive - even for a Ukrainian steel baron. The fact is that Formula 1 has always been a game for those with cash and those without must either find the money or fail. Paul Stoddart fought many similar battles but in the end realised that there was no future for the smaller independent teams against giants like the car manufacturers and Red Bull and sold up, rather than letting his team go to the wall. Shnaider has the option to sell the team but to date the price he is asking is too high.

Now Shnaider wants the rules to be changed to protect him.

He is dreaming.