Motor racing-FIA saddened but not surprised by BMW exit


LONDON, July 29 (Reuters) - Formula One's governing body expressed regret but no surprise at BMW's shock exit from the sport on Wednesday and hoped a cost-cutting campaign would prevent any more manufacturers from pulling out. "It has been clear for some time that motorsport cannot ignore the world economic crisis," the International Automobile Federation (FIA) said in a statement after BMW announced they would pull out at the end of 2009. [ID:nSP509292] "Car manufacturers cannot be ...

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