Indian summer....and autumn, winter and spring

This from Reuters India: "An Indian consortium has applied to buy BMW-Sauber, which is seeking new backers after German carmaker BMW said it was pulling out of Formula One at the end of the season, domestic media reported on Saturday. Indian investors have made an application to purchase the BMW-Sauber team," the Times of India quoted unnamed sources as saying. The paper said the deal was based around a 50 million euro investment and involved Swiss driver Neel Jani, who currently features in the A1 GP series and whose father is Indian. An Indian already owns an F1 team with liquor and airline billionaire Vijay Mallya's Force India. However, there is no Indian driver on the grid. Last month, team principal Mario Theissen said BMW-Sauber had several rescue proposals and had applied to keep their place in Formula One next year. Theissen told reporters ahead of the European Grand Prix in Valencia that he and founder Peter Sauber, who has a 20 percent stake in the team, were evaluating proposals from interested parties."

Is this yet further evidence to support a previous blog posting made here earlier on this year?

http://dailysportthought.blogspot.com/2009/05/decline-of-20th-century-empire.html

If the 19th century was dominated by the rise of European thinking about sport, and the 20th century was dominated by the rise of American thinking about sport, is it becoming the reality that 21st century is rapidly becoming the era in which Asian thinking about sport begins to predominate? If so, is there anything that America and Europe can do? If so, what? If not, what are going to be the ramifications for sport in these two continents? Do sports, governments and other stakeholders need to change their view of sport and start thinking about sport in a new and different way e.g. in the way in which the Qatari government has made sport a fundamental and central part of national governmental industrial strategy? Is it really the case that America and Europe very quickly need to 'wise-up' or 'lose-out'? Or is this an unnecessarily pessimistic scenraio?