F1 will probably lose another team soon- Parr

As if the recent loss of the Honda F1 race team was not enough, Williams CEO Adam Parr believes that another team will exit the sport before the 2009 season gets underway in late March. But despite popular opinion that it might be a privateer outfit, he says it might possibly be a manufacturer.

"I believe that we probably will lose another team before the beginning of next season," said Parr in an interview with 'Reuters', "and there is a very high chance it will be a manufacturer."

The main reason for his belief that it might be a manufacturer is because of their dependance on shareholders' decisions, and when a shareholder decides to pull out of the team and the sport, a large portion of the teams income goes with them.