Berliner Boersenzeitung - F1 needs to put brake on expansion say team chiefs

EUR -
AED 4.121845
AFN 72.380179
ALL 91.461825
AMD 404.477538
ANG 2.008512
AOA 1030.187345
ARS 1734.544678
AUD 1.620062
AWG 2.022781
AZN 1.894695
BAM 1.961461
BBD 2.260123
BDT 139.37222
BGN 1.961431
BHD 0.423294
BIF 3378.970171
BMD 1.122209
BND 1.436245
BOB 13.33631
BRL 6.187189
BSD 1.122138
BTN 105.321953
BWP 15.418497
BYN 3.359997
BYR 21995.289057
BZD 2.256913
CAD 1.584587
CDF 2570.979996
CHF 0.919599
CLF 0.027658
CLP 1088.531204
CNY 7.488274
CNH 7.484761
COP 3679.65475
CRC 508.266827
CUC 1.122209
CUP 26.931723
CVE 110.677843
CZK 24.335117
DJF 199.438761
DKK 7.475177
DOP 68.062211
DZD 152.66299
EGP 60.468302
ERN 16.833129
ETB 180.896133
FJD 2.526428
FKP 0.840299
GBP 0.834805
GEL 2.912115
GGP 0.840299
GHS 13.113016
GIP 0.840299
GMD 83.043172
GNF 9945.569235
GTQ 8.574708
GYD 235.247863
HKD 8.800399
HNL 30.383836
HRK 7.596241
HTG 147.084477
HUF 362.122693
IDR 20291.776364
ILS 3.544821
IMP 0.840299
INR 105.089058
IQD 1699.023859
IRR 2134761.219536
ISK 137.313761
JEP 0.840299
JMD 178.26446
JOD 0.795636
JPY 177.220871
KES 145.842481
KGS 98.137042
KHR 4584.222231
KMF 496.015853
KPW 1009.987719
KRW 1504.118278
KWD 0.348816
KYD 0.935191
KZT 503.462963
LAK 25255.305476
LBP 100493.782176
LKR 373.115125
LRD 191.108694
LSL 18.583762
LTL 3.31359
LVL 0.678813
LYD 7.215948
MAD 10.94995
MDL 20.227194
MGA 5156.548602
MKD 61.554925
MMK 2356.028074
MNT 4041.259556
MOP 9.063256
MRU 45.168408
MUR 52.833791
MVR 17.28467
MWK 1949.276163
MXN 20.822022
MYR 4.554818
MZN 71.707157
NAD 18.583439
NGN 1511.614981
NIO 41.084377
NOK 10.542578
NPR 168.515325
NZD 1.992268
OMR 0.431497
PAB 1.122239
PEN 3.863199
PGK 5.040964
PHP 70.789038
PKR 310.459367
PLN 4.38572
PYG 7014.242675
QAR 4.088167
RON 5.343396
RSD 117.659066
RUB 92.582187
RWF 1655.257722
SAR 4.219971
SBD 9.032189
SCR 15.623069
SDG 675.019877
SEK 10.993279
SGD 1.435153
SHP 0.840448
SLE 25.754353
SLL 23532.158705
SOS 641.341166
SRD 42.141205
STD 23227.452815
STN 24.997197
SVC 9.819338
SYP 14590.956193
SZL 18.584279
THB 37.498655
TJS 10.301383
TMT 3.92773
TND 3.350359
TOP 2.702009
TRY 56.31176
TTD 7.610965
TWD 36.778701
TZS 2968.239571
UAH 51.121935
UGX 4595.261644
USD 1.122209
UYU 45.250388
UZS 13466.503672
VES 1005.853999
VND 28633.71418
VUV 133.836923
WST 3.12852
XAF 655.957
XAG 0.021049
XAU 0.000271080273
XCD 3.032825
XCG 2.022437
XDR 0.79346
XOF 655.957
XPF 119.331742
YER 265.542618
ZAR 18.387053
ZMK 10101.226587
ZMW 22.807822
ZWL 361.35072
SSP 6447.349269
MXV 2.340764
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

F1 needs to put brake on expansion say team chiefs
F1 needs to put brake on expansion say team chiefs / Photo: CLIVE MASON - GETTY IMAGES NORTH AMERICA/AFP

F1 needs to put brake on expansion say team chiefs

Formula One needs to slam on the brakes after a period of rapid growth and avoid the temptation to add yet more races to its record sized calendar, two team principals told AFP.

Text size:

Haas team principal Guenther Steiner warned F1 bosses that there was a danger of "hitting a cliff and falling down" if the sport did not consolidate on a period of impressive global growth.

The booming F1 circuit will expand to 24 races next season with three races in the United States as Las Vegas joins the party along with Austin and Miami while the Chinese and Qatar races are due to return after short-term absences.

"I think we need stabilization in my opinion. The amount of races...don't do more, stabilize where we are now," Steiner said in an interview.

"Twenty-four races is enough in the moment in my opinion," he said.

Williams team principal Jost Capito agreed and said that even with this season's calendar, the strain is being felt with the Brazil and Abu Dhabi races still to be run.

"With 22 races this year and 24 races next year, it is a big change. I think 24 is a lot for the teams, when you see now towards the last races you see that the teams are getting tired, exhausted and looking forward to the end of the season, it is a lot," he told AFP.

- 'Scratching the surface' -

"I don't know if we lose the audience, (but) for the teams the logistics and everything gets very complicated. I think 24 is doable and when this is established, you have 24, then you have to judge if you can do 25 or 26. I think in the moment it is a big step to go to 24," he added.

Steiner said that the boom the sport has enjoyed since being purchased by American company Liberty Media and then cashing in on a hugely successful Neftlix 'Drive to Survive' series, needs to be protected.

"In the last four or five years since Liberty took over the sport, there was a lot of change and it was all good change but I think at some stage, we cannot keep on just ramping up," he said.

"Like in the States: stabilize three races. Do not try to do four or five in the next two to three years, then it is getting too much. It is the same with races. We have got now 24 races (in the calendar) – do not try to make 27. Stabilize and then rethink in a few years, how can we make it even bigger now?

"How we ramped it up, it is amazing, but we cannot keep going like this, it has just never happened before, so we need to be careful that we are not ramping up and then fall down. We don't want to go up and up and then hit a cliff and fall down," he said.

But Formula One CEO Stefano Domenicali, who like Steiner and Capito was in Las Vegas to promote next season's Grand Prix, was in no mood for talk of easing off on growth.

"We don't need to slow down. I think in the U.S, we are just scratching the surface of what we can do. We need to focus on future growth," he told AFP.

"Just a couple of years ago, people were saying F1 is on a downward slope but I am very happy that is that is not the case.

"Twenty-four races – it's a lot. Could be less. Could be more. But that is what we as a business are ready to propose to fans. We need to be proud of what we have done," he said.

Both Italian Steiner and German Capito said that the cost-cap regulation needed to be kept tight and be well enforced if there was to be an effective competitive balance between the established big teams, such as Mercedes and Red Bull, and challengers such as their own teams.

"We need to stabilize everything in the moment. Also the cost-cap regulation, not to change it, even if the big teams try to push it up. We need to say no – it is a good thing," Steiner said.

"The cap is the most important thing. So the teams get closer together, more than they are now, so the sport gets more interesting and build on that and then make the next steps," he said.

(O.Joost--BBZ)