The Formula One Promoters Association has laid down its grievances and informed Liberty Media that it isn’t happy with how it is managing several aspects of the sport.
Following a meeting in London on Monday, the FOPA – which groups 16 of F1’s 21 race promoters and is chaired by Silverstone’s managing director Stuart Pringle – voiced its concerns over Liberty’s move away from free-to-air broadcasting, and criticized the commercial rights holder’s move to expand the F1 calendar, potentially to the detriment of existing races.
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“It is not in the long term interest of the sport that fans lose free access to content and broadcasting,” the promoters stated in a brief statement issued on Monday.
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“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.
“As we enter a new season of the sport that we have promoted for many decades, the Promoters seek a more collaborative approach to the development of the championship and the opportunity to offer their experience and expertise in a spirit of partnership with Formula 1 and the FIA.”
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