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...budgets had climbed near $300 million and the biggest teams spent $500 million. Sponsorship and prize money rarely brought in half that. "Very few of the teams could actually make any money," says Caroline Reid, who co-authors Formula Money, the authoritative guide to F1's finances. (See a brief history of Formula...

Author: /time Magazine | Title: The Turbulent Times of Formula One | 3/15/2010 | See Source »

...race weekend to an average of $722, a rise of 50% from three years ago. Average three-day attendance fell from 187,724 in 2008 to 161, 613 in 2009. "In Bahrain, all you could see in the stands were a few civil servants," says one attendee. (See a brief history of Formula...

Author: /time Magazine | Title: The Turbulent Times of Formula One | 3/15/2010 | See Source »

...heads the recently formed Formula One Teams Association (FOTA), which represents what insiders hope will be a new spirit of harmony in a sport traditionally run by tough guys behaving badly. "There's much work to be done so that F1 is seen as relevant to society." (See a brief history of Formula...

Author: /time Magazine | Title: The Turbulent Times of Formula One | 3/15/2010 | See Source »

...Take the first section, which comprises 13 brief stories written while Hwang was a student in Tokyo, and first published as a single book, Hwang Sun Won Tanpyonjip (literally, "Hwang Sun Won Story Collection"), in Korea in 1940. In it there are upheavals of every kind: spiritual, geological, corporeal, romantic, ethical, political. An earthquake rocks the Japanese capital, while beggars shiver in the cold. Anticipatory lovers throb with desire in the shadowed alleyways of "Trumpet Shells." In "The Offering," a young boy who kills an old red rooster for no good reason is wracked by guilt and fevers. In "Scarecrow...

Author: /time Magazine | Title: Checkered Korea | 3/15/2010 | See Source »

Anyway, it's adults who've made the couple dozen film versions. The Carroll texts are appealing because their vaudeville format - Alice's encounters with a series of outlandish comic creatures - lends itself to brief star turns. W.C. Fields played Humpty Dumpty, Gary Cooper the White Knight and Cary Grant the Mock Turtle in Hollywood's 1933 Alice. Peter Sellers, John Gielgud, Michael Redgrave and Michael Gough helped populate Jonathan Miller's 1966 BBC TV play. Sellers joined other Brit luminaries in a 1972 film of the books...

Author: /time Magazine | Title: Tim Burton's Frabjous Alice | 3/15/2010 | See Source »

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