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Chase Carey explains what F1 is
Formula One's chief executive officer Chase Carey has provided an insight into what he believes are the fundamental aspects of F1 at a motorsport show in Budapest, whilst also accusing the previous ownership of the sport under Bernie Ecclestone as suffering from 'short-term' thinking. Carey is part of Liberty Media who completed a huge takeover of Formula One from Ecclestone, and the American organisation has received criticism from some quarters for their proposed changes to the sport. The Irish-American was attending an event called Great Race in Budapest - a motorsport show, and initially spoke of his love for the city before providing his own definition of F1. “I love Budapest....
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