Monaco GP moves on from the credit crunch


MONACO: Even if Formula One is still not pushing the boat out at this weekend’s Monaco Grand Prix, Force India’s billionaire owner Vijay Mallya excepted, the corporate high-rollers are at least prepared to be seen on deck again.

Last year, with the world racked by recession and the global credit crunch that turned some bankers into pariahs, many of the sport’s backers felt it best to adopt a low profile in the Mediterranean principality.

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