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Taxpayers must pay the freight for over-budget train projects
Topic - Tony Fernandes
Formula One team bosses say the escalating costs of doing business _ set to climb even higher next season _ mean there is something "fundamentally wrong" with the sport.
English soccer authorities and London police began investigations Tuesday into whether England captain John Terry racially abused a black opponent while playing for Chelsea.
Malaysian businessman Tony Fernandes completed his takeover of English Premier League club Queens Park Rangers on Thursday after buying out Formula One boss Bernie Ecclestone and former Renault F1 team principal Flavio Briatore.
Airbus is trouncing Boeing in the race to be the world's biggest planemaker, claiming over $72 billion worth of orders and commitments at the Paris Air Show, where the popularity of its new fuel-efficient jets twice broke records for the largest order ever.
"When I came into Formula One, people talked to me about cost coming down, but I don't think there's been a single year it's come down," Caterham team founder and Air Asia chief Tony Fernandes said.
QPR chairman Tony Fernandes said "we will provide our players with our unequivocal support when alleged incidents like this occur."