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That day is inevitably drawing closer. When it comes, will a gas-guzzling, money-burning, testosterone-heavy sport still attract the sponsors, promoters and supporters who keep it going? In Valencia, 40,000 fans at a nonrace race just gave you their answer...

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

...keep the cost of running a Formula One team in check, prevent teams from leaving, and to make racing more competitive and exciting, the sport's ruling body has brought in a slew of new rules over the past three years. Key changes...

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

...most valuable asset. In 2005 he sold most of his stake in Formula One Management to private equity firm CVC Capital Partners. But thanks to a complicated ownership structure, he's still the straw that stirs the drink. Ecclestone alone makes the big TV, sponsorship and track deals that keep F1's cash gushing. He rests his legacy on the numbers, and they are indeed impressive, not least his own. Forbes latest tally puts his personal fortune at $3.7 billion. Ecclestone turns 80 this season, but he isn't going anywhere. "I do what I do and I'll keep...

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

...That Hwang can rotate a small roster of stock characters - swarthy, oppressed sharecroppers, damsels in distress, prodigal sons - throughout the stories yet keep them fresh is a sign of his mastery. The title story of Lost Souls is a timeless romance hinged on filial impiety. From the book's less topical third section, written just after the Korean War's end, it's reminiscent of the classic tale of Chunhyang, often likened to a Korean Juliet, that's still a pansori and cinema standard. (Im Kwon Taek's 2000 film version was a blockbuster.) But the ending of Hwang...

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

...legislature will begin debating a bill she submitted that would require manufacturers to put a warning label on every cell phone sold in the state declaring, "This device emits electromagnetic radiation, exposure to which may cause brain cancer." Her warning would continue, "Users, especially children and pregnant women, should keep this device away from the head and body." (See a report card on cell phones' radiation...

Author: /time Magazine | Title: How Safe Is Your Cell Phone? | 3/15/2010 | See Source »

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