Swiss fans of formula one were hit with bad news on Thursday.
It is reported that the alpine country’s federal parliament has – for financial reasons – decided to scrap the public broadcaster SRG’s coverage of the sport from 2008.
The newspaper ‘Blick’ says Switzerland, which imposed a total ban on motor sports in the 1950s after a fatal Le Mans crash, baulked at a price-increase of 6.5 per cent for the live rights.
SRG boss Armin Walpen reportedly said that the broadcaster “cannot spend money it does not have”.
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DailyF1News.com