Formula One Group's new chairman Chase Carey is confident he can take the sport to “another level”, while also saying the series “can not be a dicatorship”.
John Malone’s Liberty Media recently agreed to purchase F1 from CVC Capital Partners in a multi-billon deal.
Although Bernie Ecclestone has been asked to continue in his role as CEO, the long-time supremo will have to work with Carey, who met key members of the paddock while attending last weekend’s Singapore Grand Prix.
“You've got to understand what everybody wants and then find a path," the American told the official F1 website.
“That is not a task for a committee, as they tend to become bureaucratic. But there also can't be a dictatorship, even if probably they are used to it.”
The remark can be seen as a reference to Ecclestone, who has been running the sport almost single-handedly for several decades. Also present at Marina Bay, the 85-year-old has warned that he “will disappear for sure” if he does not like the direction F1 takes in the future.
Carey was quick to praise Ecclestone achievements when asked to explain how their association will work, but the vice chairman of the 21st Century Fox also believes “there is growth possibility in every area.”
“With all credit to Bernie, he's had enormous success - the world admires Bernie for the business that he has built. But I still think that there is another level that we can take Formula One to.
"For the first few months - call it 100 days - it is largely listening and meeting - and digesting. And then come out of that phase with a degree of visions that continue to be shaped.
“Nothing is ever written in stone. Bernie is the CEO, so Bernie is going to lead it and I will work with Bernie to establish some kind of strategic plan to where you want to go.”
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