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Chase Carey is happy to have created space for more races on the Formula 1 calendars of the future.
With the eleventh-hour deal for Barcelona, Liberty Media increased the 2020 schedule to an unprecedented 22 races.
'A little more leeway'
But under the current Concorde Agreement, the maximum number of races is actually just 20. Any more requires the unanimous consent of the teams.
READ | Long calendar making Formula 1 'boring' - Villeneuve
That will change in 2021. In the newly-announced rules, there are provisions for up to 25 grand prix races per year.
What do you think of the new F1 rules being imposed, and a possible 25-race calendar? Email us.
But with teams already struggling under the strain of 21 races, F1 CEO Carey said Thursday's news is not a sign that the calendar will definitely expand.
"It doesn't mean we are aiming for that many races. We just want to have a little more leeway," he is quoted by Speed Week.