F1 race promoters rebel against owners Liberty Media
There are concerns over race contracts, TV coverage and F1’s long-term future
Formula 1 owner Liberty Media is “facing a rebellion” from race promoters over future plans for the motor sport.
The Daily Mail reports today that the Formula One Promoters’ Association (Fopa) is “angry” at the handling of race contracts and Reuters adds that there is growing concerns over how the sport is being run by Liberty Media.
Fopa, which represents 16 of F1’s 21 races, is set to meet with F1 bosses today in London. The group is seeking “a more collaborative approach” with Liberty Media in regards to grand prix contracts, free-to-air TV coverage and potential new races.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Deals soon to end
Five of the circuits that will host a grand prix in 2019 - Silverstone, Monza, Barcelona, Hockenheim and Mexico City - have contracts that end this year. While recently it was reported that Vietnam is set to join the calendar in 2020 and a Miami GP could also be added in the future.
The Mail says that race promoters are “furious with Liberty Media’s handling of their contracts and are ready to quit”.
Stuart Pringle, boss of Silverstone and chairman of Fopa, said: “Everyone is disgruntled. Liberty’s ideas are disjointed. We have all been compliant and quiet hitherto, but we have great concerns about the future health of the sport under the people who run it now.”
New races
The potential new race in Miami is also causing concern for race promoters. It’s claimed that Miami is being offered a grand prix for free while Silverstone pays £25m.
Pringle added: “Miami are seemingly getting a free deal. That has not gone down well with anyone, not least with the guys at Austin, Texas, who are working hard to make their race pay. If this continues, Formula 1 will be racing on second-rate circuits, if any at all.”
TV coverage
Another major topic of conversation is the lack of free-to-air television coverage of F1.
In the United Kingdom this year only the British Grand Prix will be shown live on terrestrial TV on Channel 4. Sky Sports will show every race via subscription.
In a three-point statement, Fopa said: “It is not in the long-term interest of the sport that fans lose free access to content and broadcasting.
“There is a lack of clarity on new initiatives in F1 and a lack of engagement with promoters on their implementation.
“New races should not be introduced to the detriment of existing events although the association is encouraged by the alternative business models being offered to prospective venues.”
The 2019 F1 season starts on Sunday 17 March with the Australian Grand Prix in Melbourne.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
-
4 ways to give back this holiday season
The Explainer If your budget is feeling squeezed, remember that money is not the only way you can be generous around the holidays
By Becca Stanek, The Week US Published
-
4 tips for hosting an ecofriendly Thanksgiving
The Week Recommends Coming together for the holidays typically produces a ton of waste, but with proper preparation, you can have an environmentally friendly gathering.
By Theara Coleman, The Week US Published
-
Jussie Smollet conviction overturned on appeal
Speed Read The Illinois Supreme Court overturned the actor's conviction on charges of staging a racist and homophobic attack against himself in 2019
By Peter Weber, The Week US Published
-
Christian Horner and the Red Bull saga that refuses to go away
Why everyone's talking about 'Too dizzy-making' even for the 'merry-go-round world of F1'
By The Week UK Published
-
Max Verstappen: F1’s record-breaking world champion
Why Everyone’s Talking About Red Bull star has surpassed records set by Schumacher, Vettel and Hamilton
By Mike Starling Published
-
F1 ‘silly season’ hits top speed as 2023 grid takes shape
Under the Radar Twitter explodes with news of driver moves, denials and rumours
By Mike Starling Published
-
Lewis Hamilton on his F1 future: ‘I have plenty of fuel in the tank’
Under the Radar Seven-time world champion finished second on his 300th grand prix start
By Mike Starling Published
-
Review: inside F1’s Paddock Club with Ferrari Trento
Under the Radar It was a celebration on and off the track at the British GP at Silverstone
By The Week Staff Published
-
F1: a bumpy start to the season for Mercedes, Lewis Hamilton and George Russell
Under the Radar Only four races in and Mercedes already look off the pace
By The Week Staff Published
-
F1 Bahrain GP reactions: Ferrari ‘back with a bang’ as Leclerc ‘tames the beast’
feature The Tifosi celebrate a stunning one-two for Charles Leclerc and Carlos Sainz
By Mike Starling Published
-
F1 2022 season guide: race calendar, championship standings and 2023 grid
feature Max Verstappen has now won 14 of this season’s 20 grands prix
By The Week Staff Last updated