Carey: F1 has 'other options' to British GP
Chase Carey has admitted a cloud still hangs over the future of the British grand prix.
Last year, Silverstone's owner, the British Racing Drivers' Club, exercised a break clause in its contract in the hope of negotiating a better deal for 2020.
And F1 chief executive Carey confirms that a new deal is yet to be agreed.
"We have said that with an ongoing negotiation, it's best not to do that in public. I think that's a healthier thing to do," he said.
"We value the Silverstone race but we've got to get to a place that works for us. And those discussions are ongoing," Carey added.
F1 owner Liberty Media has said it wants to safeguard the traditional venues like Silverstone whilst pushing into new frontiers including Vietnam and Miami.
But Carey suggests that Silverstone is in danger.
"There are always other options. We want to make sure we're developing an array of options," he said.
"We're in a fortunate place where we have more places that want to have races than can have them, and that's a good place to be in," Carey added.
He said he will continue to try to make "the best decisions for fans and for racing and for us as a business".
Silverstone was on the first modern F1 world championship calendar in 1950, and has hosted the British grand prix 51 times subsequently.
✅ Check out more posts with related topics:
These threats from F1 owners to drop the British GP are annoying to read. If they go ahead and drop it will be the start of the end for F1.
As with everything in this world today, money is the all powerfull god.
Would we all miss it...Hell yes, but it wouldnt be the end of the world would it.
Perhaps we go back to grass roots racing and we go back to a Carting World Championship. I would watch and suppory that.
✅ Checkout the latest 50 F1 Fans comments.