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LONDON, England - A study commissioned by the International Automobile Federation reportedly shows that costs in Formula 1 could be halved without hurting "the show".
With Caterham and Marussia ailing and even better-funded midfielders struggling financially, it emerged on Tuesday (Feb 17 2015) that New York-based McKinsey and Company, a multinational consulting firm, recently examined the finances of nine F1 teams at the behest of the governing body.
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