F1 | Chase Carey: “We are thinking about initiatives to guarantee a better future for the Circus”

Chase Carey, the new CEO of Formula One, has expressed the recipe that would allow the Circus to guarantee itself a better future: new engine, cost cutting and a more equitable distribution of proceeds.

"We are already thinking about some initiatives in this sense – said Carey ad Car picture - One of these is the new engine. We must congratulate Mercedes for having managed to create a very competitive engine in recent years, but the difference in performance is very large. We want to create a new formula, making the engine stronger and more economical".

"There are teams that spend 500 million dollars a year, while others spend 100 million – Carey continued – All this hinders competition. The goal is to allow teams to make money, but the truth is that at the moment none of them are making a profit".