Black Friday is Now! Don’t miss out on up to 60% OFF InvestingProCLAIM SALE

F1 needs two races in China, says McLaren boss

Published 07/06/2017, 03:24 PM
Updated 07/06/2017, 03:30 PM
F1 needs two races in China, says McLaren boss
FWONA
-

By Alan Baldwin

SPIELBERG, Austria (Reuters) - Formula One needs two races in China and one should be on a street circuit to help make the sport more popular, McLaren executive director Zak Brown said on Thursday.

The American also suggested the calendar should feature an updated 'Asian Tour' grouping the key races in the region -- Japan, Singapore, China and other venues to be determined such as Thailand.

"The grand prix in Shanghai is already well established, but we should explore the possibility of a race in another major city, such as Beijing, or a street race in a city like Wuxi, a place that’s growing ambitiously and enormously," Brown wrote on a Linkedin Pulse blog.

"I also think the Shanghai Grand Prix, which is held at one of the most impressive and opulent bespoke racetracks in the world, characterizes Formula One as being very exclusive and expensive.

"Whereas I feel that a Chinese city race would underscore the new values that we want the sport to inhabit – that it’s for the people, that it has a real energy, that it represents a fantastic way for brands to present themselves...," he continued.

Formula's One new owners Liberty Media (NASDAQ:FWONA) see China as a key growth area and this week announced a partnership with sports marketing agency Lagardere to secure strategic partners.

The current calendar features China, Japan and Singapore with Malaysia departing after this season. The Chinese and Singapore races are subject to the finalizing of contracts, however.

Plans for Thailand to host a Formula One night race in 2015 foundered, after an agreement in principle, when a law was introduced banning racing in the historic area of Bangkok.

Brown also suggested the start times of some traditional races could be tweaked for an Asian audience, just as many of the long-haul races are scheduled for the European early afternoon.

"One of the criticisms I hear from fans in places like China and Japan is that the races are always shown in the middle of the night (if at all), so the sport tends only really to gather a hardcore and dedicated fan base," he said.

"Perhaps we need to look at some of the timings of some of the conventional races, and see where there are opportunities to perhaps tweak the schedules so as to create a window of opportunity for our fans in Asia."

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.