Word: costs
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...reason for the meltdown is money. Unlike most other motor sports, F1 is as much a battle between engineers as it is a race between drivers. Spurred on by a space-race mentality, F1 teams were research-and-developing themselves into oblivion. "The cost was growing beyond the point where you could have one or two teams," says McLaren's Whitmarsh...
...terms of F1 economics, however - and this is especially true for the newest hosts - it doesn't matter if none of F1's race promoters comes close to covering costs. The shortfall is increasingly paid for by governments who view television coverage as a giant TV commercial for their city or country. Singapore hosts a spectacular nighttime race on city streets beneath twinkling lights. In 2008, its first year, the race took in $51 million, but cost $100 million, according to Formula Money. That's O.K. with Singapore. The government kicked in $60 million, leaving the local promoter with...
...million, plus another $100 million or so to bring to market, and is unlikely to return even half that sum to Universal. The Green Zone shadow, plus the failures of a bunch of other Universal movies (Land of the Lost, Bruno, Funny People, Duplicity, State of Play, etc.), cost Shmuger and Linde their jobs in October. Their legacy projects - this and the expensive disappointment The Wolfman - are still costing Universal...
...positive change comes without strings attached: Boloco has also increased its price—though only very slightly. Rather than pay $6.19 for a large burrito, you now need to dole out $6.25. Large smoothies—which formerly cost $4.29—have increased by 21 cents to $4.50. But Airo Farulla says that now, the burritos will be larger and the shakes will have more fruit...
...going to cost me a million dollars to do this? No! The beauty of this is that it's not just one magic piece that's going to make a difference. You probably have most of these things in your closet. You just have to weed your closet of all the things that are making you look fatter than...