Beginning of the End of formula one

At the moment, I cam claim to be among the happiest in the world. Reason: Honda withdraws from the useless sport. No prizes for guessing that it is F1

Read more here: http://www.motorstv.com/mag/inside-gp/05122008/honda-stops-f1
http://news.bbc.co.uk/sport2/hi/motorsport/7767352.stm

Kudos to Honda for the wise decision. Formula one or F1 is in my view waste of money for the automobile companies who can always test their engines in better ways particularly with computing technologies available today. Of course, there might be F1 fans unhappy about what is happening now but, I am glad that finally people are realizing that it is a waste of money. Money that could be otherwise used for testing cars in other cheaper, better ways. Money that could be diverted for sponsoring other sports where a 'physical' component is involved which would atleast help the players keep fit. Another such sport is golf but, its purpose is much different from others - relaxation of corporate execs. Still, I strongly feel that the prize money given away in the sport should come down. I hope the ongoing economic cricis will 'correct' such things world over!