Shanghai organisers delighted with F1's new management

The organisers of the Chinese Grand Prix are delighted with Formula 1's change of ownership after getting acquainted with Liberty Media's executives.

With its contract up for renewal, Shanghai has started negotiations with Liberty, and met with Formula 1 Group's CEO Chase Carey last weekend.

"We haven't talked about details yet -- it was more about the sport itself and how to promote it better here," Jiang Lan, boss of the China GP promoter Juss Event, told the Shanghai Daily newspaper.

Jiang indicated he is happy the forthcoming negotiations will be with Carey rather than his predecessor, the ousted long-time F1 supremo Bernie Ecclestone.

"F1 has been seeing a drop in viewership worldwide. But I found Chase, who has a media background, more tolerant and open minded. He was willing to give more power to F1's local organisers," he said.

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Jiang Lan wasn't critical of Ecclestone however whose positive impact on the sport he acknowledged.

"Of course, we need to thank Bernie for all his contributions to the sport over such a long time.

"But it's obvious that the sport and its promoters are expecting some changes and renovations, especially on how to expand the market.

"Chase might not know about F1 as clearly as Bernie did, but he agrees that the F1 weekends should be more fun, which is in line with what we want," he added.

"F1 is a disciplined sport with strict rules even for organisers. The activities and commercial booths we arranged near the entrance of the circuit had been questioned by the previous F1 management, but the new bosses like it," he said.

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