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F1 organisers want Liberty Media dispute to be resolved

2019-01-31 14:18
Chase Carey F1

Image: Nhac NGUYEN / AFP

The boss of a big group of current Formula 1 race promoters says he is confident their dispute with Liberty Media will be resolved.

Led by Silverstone's Stuart Pringle, the group of 16 circuits this week warned that they could pull out of the sport if concerns about the Liberty reign are not addressed.

Talks still ongoing

The group, calling itself the Formula One Promoters' Association and believed to be most concerned about the race fees paid to Liberty, has now met with the F1 owner.

READ: Liberty Media could sell Formula 1 - report

One source said that at the meeting, F1 chief executive Chase Carey seemed "wounded".

"There is every indication the message has been received.

"We were frustrated that we felt we had no option but to take this sort of action. But actually we have had a very positive day," Pringle told the BBC.

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