If there is not a further sign that our economy is in peril, then look no further than to the motor sports community. In the last couple weeks we have seen most major forms changed. We have Honda pulling out of Formula 1. Then Suzuki pulls their World Rally Championship program. Followed a few days later by Subaru.Next Audi and Porsche suspend racing in the American LeMans Series, with a triple blow by the announcement canceling the 2009 Detroit Belle Isle Grand Prix after its short two year stint after nearly a decade off the circuit.
Nascar is pretty much in shambles because of the Detroit Big 3 cutting spending.
And now off road racing is feeling the effects. Land Rover is canceling the G4 Challenge.
While we do hate to see this happen. But given the current economic conditions it is understandable to see major changes like this. Especially since that is the reason given in each case. Hopefully 2009 will be prosperous for the economy and many of these series will resume to normal operating procedures.
