FEBRUARY 21, 2002
A sign of the times
Volkswagen AH has announced that it is going to be stopping production at five of its factories over the Easter holiday period because of the drop in demand for new cars.
For the moment the slowdown in the world's economy has not had any dramatic effect on Formula 1 racing although there have been few significant new sponsorship deals in the last few months. Several teams have made a song and dance about new deals but the money involved in most of these cases is minimal or the deals have been done as part of bigger industrial arrangements.