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**anatmob** · 08-07-2009, 08:10 PM

What I do know is that they will have committments for next year and it isn't as easy as just shutting shop..

Like what?

By not signing the agreement they are no longer committed to F1 for the next 3 years... (that was a factor in announcing the withdrawal so suddenly was it not) and so the £100,000,000+ cost of that is pure savings, they still own 80% of any freehold land and assets... and any costs involved in redundancies will soon be outweighed by the money they will save by walking away.

08-07-2009, 08:10 PM	#33
anatmob Join Date Oct 2005 Posts 598 Senior Member	What I do know is that they will have committments for next year and it isn't as easy as just shutting shop.. Like what? By not signing the agreement they are no longer committed to F1 for the next 3 years... (that was a factor in announcing the withdrawal so suddenly was it not) and so the £100,000,000+ cost of that is pure savings, they still own 80% of any freehold land and assets... and any costs involved in redundancies will soon be outweighed by the money they will save by walking away.
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