F1 cannot be a dictatorship, says new chairman

Sun Sep 18, 2016 8:34am EDT
 
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By Alan Baldwin

LONDON (Reuters) - Formula One cannot be run like a dictatorship, even if many people in the sport are used to that, according to the new chairman appointed to work with commercial supremo Bernie Ecclestone.

Chase Carey, who took on the role as part of Liberty Media's takeover of the sport this month, said also that Formula One's U.S. expansion should ultimately look at big cities like Los Angeles, New York or Miami.

The primary concern, however, was building long-term value and investing in the future.

"Realistically what I am doing in the next few months is probably more listening to what people have to say," he told the official formula1.com website before Sunday's Singapore Grand Prix.

"You cannot make everybody happy all the time, but you’ve got to understand what everybody wants and then find a path," added the American.

"That is not a task for a committee, as committees tend to become bureaucratic - but there also can’t be a dictatorship, even if probably here they are used to it."

Carey, former executive vice-chairman of Rupert Murdoch's 21st Century Fox, said he would be working for Formula One and not Liberty.

He saw opportunities for stepping up investment "in all sorts of areas" including marketing and new digital platforms as well as making tracks more exciting.   Continued...