LONDON - The new Formula One season is under way but the action on the track is being overshadowed by concerns over the implications of Brexit, with so many teams calling Britain home. "The way we get parts and services is just in time at the last minute... taxes would massively damage the Formula One industry in the UK." Red Bull chief Christian Horner, speaking in Melbourne, sounded calm despite the confusion over Brexit. "It would for sure be easier if we didn't have a hard Brexit," he said. With their main headquarters in North Carolina, Haas team boss Gunther Steiner hinted his team would have no hesitation in moving their UK operation if Brexit becomes a problem.

Source: Bangkok Post March 26, 2019 02:48 UTC