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Formula 1 means business during Monaco weekend

If the Monaco Grand Prix was once the ultimate corporate ‘jolly', a glamorous champagne-fuelled weekend of yachts and top-end hospitality for senior executives to network, the times have changed. Mark Gallagher, a paddock insider who has worked in management roles at various teams, says the business lessons to be learned from the sport itself now provide the main focus and justification. 'Corporate governance has changed dramatically since the crash of 2008. Many companies won't accept hospitality invitations,' said the Briton, who has forged a successful new career as business author and motivational speaker. 'Going on a ‘jolly' to Monaco for the weekend quite frankly isn't...
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