F1's Carey open to new home for German GP

Formula One Group CEO Chase Carey says that the German Grand Prix could move away in the future from  traditional venues Hockenheim and the Nurburgring.

Carey underlined however the importance of the German market for F1 and keeping the country on the sport's calendar.

"Last year, a German driver won in a German car, so it's a very important market," the American told news agency DPA.

"It is certainly one of our goals to be represented in the German market. We are just about to investigate how best to manage this.

"We don't have any answers yet," he said.

"I have already met with some German representatives, and naturally we are talking about the two race tracks that have held the German Grand Prix in the past.

"But we are also looking at other options. Ultimately, however, it is too early to make concrete statements," said Carey.

• Tech F1i – Bahrain GP analysis

Carey also reiterated his intention of organizing a second race in America in addition to teh event staged at The Circuit of the Americas in Austin, Texas.

"We have a great partnership with the circuit in Austin," he said,

"But we believe we can add a race in a 'destination city', as I call it. I'm talking about New York, Miami, Los Angeles or Las Vegas.

"These are cities that are best suited to create a one-week event and attract people from all over the world.

"The race will remain the centre of the event, but overall it will be more than just a formula one weekend."

GALLERY: F1 drivers' wives and girlfriends

Keep up to date with all the F1 news via Facebook and Twitter