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More Dash Than Cash Last summer, it looked like the sport might cease to exist altogether. Angry at Formula One's decision to impose a team-spending cap, Ferrari, the oldest team on the grid, threatened to lead the biggest marques in a rival series. The teams pulled back at...

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

Then there are the scandals, and the last few seasons' have been turbocharged doozies. First, in 2007, McLaren was fined $100 million after an engineer was caught with documents supplied by a rogue Ferrari employee. Then, last September, one of F1's most flamboyant team managers, Renault's Flavio Briatore...

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

Iran is the 21st century equivalent of 1930s Russia - a riddle wrapped in a mystery inside an enigma. The Iranians haven't stumbled upon this mystifying state coincidentally, and the enigma isn't the result of outsiders' failure to try to understand them. Rather, the Iranian government has a deliberate...

Author: /time Magazine | Title: Beyond Sanctions: How to Solve the Iranian Riddle | 3/15/2010 | See Source »

That's the idea behind an initiative called Give Your Vote, in which U.K. citizens will voluntarily give up their votes in the parliamentary elections expected to take place May 6 to residents in the developing world. The aim is less to tip the British elections one way or the...

Author: /time Magazine | Title: Giving Afghans (and More) a Vote in Britain's Election | 3/14/2010 | See Source »

Gossage felt NASCAR made the right decision. His friend was perplexed. If two games for a punch seems lenient, how can you justify no punishment for attacking an opponent with a potentially deadly race car? "The rule in basketball is, you don't get to punch another player in the...

Author: /time Magazine | Title: Are Ratings Woes Making NASCAR Too Reckless? | 3/12/2010 | See Source »

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