New owners upbeat about future of sport - News Summed Up

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New owners upbeat about future of sport


Chairm­an Chase Carey says they are satisf­ied with progre­ss in 2017ABU DHABI: The Formula One season ended at the weekend with even some drivers stifling a yawn but the sport’s new owners remained upbeat about their investment and future prospects. “I feel good about where we’re at,” chairman Chase Carey told reporters at the Abu Dhabi circuit ahead of Sunday’s dull finale. “I think we’ve made headway this year. Work on the more complex issues, such as implementing a cost-cap, rebalancing revenues distributed to teams and a rules blueprint for the future, is just getting started. Ferrari, the sport’s oldest and most successful team, have already warned they could quit if they do not like what the future holds.


Source: The Express Tribune November 28, 2017 09:33 UTC



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