F1 News, Reports and Race Results

Carey criticises Ecclestone's 'short-term' approach

New Formula 1 boss Chase Carey has criticised how his predecessor Bernie Ecclestone ran the sport, accusing it of a "short-term, deal of the day focus."

Carey was speaking at the FIA sport conference being held this week in Geneva. He blamed Ecclestone's tenure for many of the sport's problems that new owners Liberty Group have inherited.

“This sport has been underserved by a perpetual, short-term, deal of the day focus," he said. "One that has lacked a strategy, vision and longer-term plan, and a willingness to invest."

While Ecclestone had been in charge, the sport had previously been owned by private equity fund CVC. Carey acknowledged that Ecclestone had done the best he could under the sport was sold to them in 2006.

“The sport didn’t have an organisation before,” he complained. “Bernie, to his credit, was a one-man show with financial and legal support.

"One of the things we have done is put an organisation in place that can support the sport. We will have the key people in by August."

Carey has already brought in former Formula 1 team boss Ross Brawn as sporting director, and Sean Bratches as commercial director.

“Priority one for us is still to make the sport and the competition on the track as exciting and engaging as it possibly can be,” Carey continued.

“Just the nature of what we do on the track – whether it’s rules, engines, costs – take time," he added.

"We’ve had meetings on what is the next generation engine, "he said. "That engine isn’t going to get implemented in three months but it doesn’t mean we haven’t had multiple meetings.”

Also attending the conference this week was FIA president Jean Todt, who said he was enjoying a good working relationship with Carey.

“We have had no conflict," said Todt of Carey and Liberty Media. "They arrived humble, willing to learn, understand, participate and to work closely with the governing body. Which is important.”

GALLERY: F1 drivers' wives and girlfriends

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

Want to win a trackday experience? All you have to do is subscribe to our FREE newsletter HERE

Andrew Lewin

Andrew first became a fan of Formula 1 during the time when Michael Schumacher and Damon Hill were stepping into the limelight after the era of Alain Prost, Nigel Mansell and Aryton Senna. He's been addicted ever since, and has been writing about the sport now for nearly a quarter of a century for a number of online news sites. He's also written professionally about GP2 (now Formula 2), GP3, IndyCar, World Rally Championship, MotoGP and NASCAR. In his other professional life, Andrew is a freelance writer, social media consultant, web developer/programmer, and digital specialist in the fields of accessibility, usability, IA, online communities and public sector procurement. He worked for many years in magazine production at Bauer Media, and for over a decade he was part of the digital media team at the UK government's communications department. Born and raised in Essex, Andrew currently lives and works in south-west London.

Recent Posts

Prost: ‘Very difficult’ for Renault to return to F1 in the future

Four-time Formula 1 world champion Alain Prost has suggested the sport may have seen the…

5 hours ago

Ocon: Haas’ expanded partnership with Toyota is ‘fantastic’ for 2026

Esteban Ocon is brimming with optimism about Haas’ future – and a big part of…

7 hours ago

Norris looks ahead to 2026: ‘I would love to race Lewis more’

Fresh from clinching his maiden Formula 1 world championship last weekend in Abu Dhabi, Lando…

8 hours ago

Herta offers feedback on first official F2 test in Abu Dhabi

Cadillac F1 reserve driver Colton Herta made a strong start to his preparations for the…

9 hours ago

The Indianapolis Motor Speedway: Born on this day in 1909

On this day in 1909, the Indianapolis Motor Speedway in Indiana was finally completed. The…

11 hours ago

‘Dirty games were played’: Marko exposes Horner’s lies at Red Bull

In the high-stakes world of Formula 1, where alliances shift faster than a pit stop…

12 hours ago