F1 »

F1 Abu Dhabi GP: Vegas night race mooted amidst F1 calendar expansion talk

Formula 1 could potentially grow beyond its current record 21-race calendar as new owners Liberty Media evaluate ways to grow its acquisition.
The Formula 1 World Championship calendar could grow beyond its current 21 races as new owners Liberty Media evaluate ways to capitalise financially on its new prized asset.

The American media giant agreed terms to begin taking CVC's controlling stake in the sport in September, with an 18.7 per cent share already acquired and the rest to be completed in cash and shares by early next year.

Though F1 chairman Chase Carey – who this week appeared at the F1 Strategy Group meeting in Geneva – has indicated he wants to observe for the time being to better understand the sport, it is understood there are proposals being devised aimed at expanding F1's reach, audience and financial potential.

With plans to utilise increasingly popular streaming services and monetising a huge back catalogue under consideration, there are also talks to grow the number of races in key nations, namely Liberty Media's home market of the United States.

As a result, chief executive Greg Maffei has speculated that F1 could stand to grow its calendar with new rounds in the USA and Latin America if it means the FIA, the teams and the owners 'make more money'.

"There is a general line of interest if you increase the number of races to a point,” Maffei told investors at the Morgan Stanley Technology, Media and Telecoms Conference, according to Reuters. “The FIA makes more money, the teams make more money, we make more money."

VOTE: F1's greatest drives 'back through the pack'

It comes as F1 prepares to complete its longest-ever season of 21 races, a calendar that many have expressed reservations about but will remain almost unchanged for 2017.

Though Maffei says an expansion would be 'mild', he says he is keen on the idea of adding a Las Vegas night race to the schedule, but not at the expense of more traditional races in Monaco and Monza.

"Obviously there is a limit on how much you can do. Just getting the cars around the world, but I think we can expect to grow the amount of races to a mild degree. I particularly like the idea of a night race in Las Vegas.”

Latest Tweets from Crash.net & GPF1rst

Tagged as: FIA , Formula 1 , Monaco , Monza , Las Vegas

Related Pictures

Click on relevant pic to enlarge
A return to Las Vegas for F1 is on the cards
Renault RS17, team launch, [Credit: Renault]
Renault RS17, team launch, [Credit: Renault]
Renault RS17, team launch, [Credit: Renault]
Renault RS17, team launch, [Credit: Renault]
Renault RS17, team launch, [Credit: Renault]
Sauber C36 Ferrari
Sauber C36 Ferrari
Sauber C36 Ferrari
McLaren, 2011 launch, [Credit: Crash PA]
Crash.net 2017 Formula 1 Calendar
Williams, FW40, teaser shot [Credit: Williams Martini Racing]
Michael Schumacher
Michael Schumacher and the 1996 Ferrari F310
Scuderia Toro Rosso STR12 to be unveiled on Feb 26th
Nico Rosberg and Fernando Alonso - Mercedes, McLaren
Antonio Giovinazzi - Ferrari SF15-T
Manor`s 2017 F1 car model [Pic: Twitter]

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.


November 17, 2016 11:46 AM

Money money money. Just so Chase, Bernie and their pals can line their pockets. What about the mechanic, the PR guys and girls, the Sky boom mike operator... The F1 paddock is a huge travelling circus, but only a relatively small percentage of the people who live in it are highly paid millionaires. Most of them are regular working people, with mortgages and families back home. They have kids they'd like to see and friends they'd like to meet. Everyone knows that working in F1 is a unique privilege and the vast majority are happy to be there, but there is also a balance to be struck.I doubt the people a 21 race calendar would really impact are being considered in all this.

© 1999 - 2017 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.