F1 CEO, Stefano Domenicali admits that as extra potential hosts emerge, F1 races within the sport’s conventional European heartland are set to happen on a rotational foundation.
Regardless of their earlier flirtations with the game, South Korea and India are mentioned to be eager to see F1 return, whereas Rwanda has expressed curiosity together with Argentina, which is eager to capitalise on the potential of younger Franco Colapinto. After which there’s Saudi Arabia, which is looking for a second race at its Qiddiya Circuit.
With hosts mentioned to be queuing across the block desirous to half with their cash in a bid to get on the F1 schedule, the one downside is the truth that the calendar is restricted to only 25 races, although F1 bosses consider {that a} cap of 24 occasions makes extra sense.
Consequently, these occasions within the sport’s conventional heartland of Europe, which normally pay far much less in internet hosting charges than the far richer newcomers, are set to be placed on a rotational foundation as the game expands and capitalises on its newfound success.
“We have now some information to share very, very quickly with regard to the likelihood within the mid-term to have some rotational European Grand Prix and another new choices coming later,” Domenicali instructed analysts throughout a convention name as Liberty Media revealed the game’s third-quarter funds.
“That is one thing that, in fact, we are going to make clear within the due course,” he added.
“It’s true that we’ve got a big demand of latest potential venues that need to are available in,” he continued. “And our selection will at all times be balanced between the best economical advantages that we will have as a system and in addition to leverage the expansion available on the market that we will see potential that shall be helpful for us to develop even additional our enterprise.”
There are at the moment ten races in Europe, with Italy the one nation that hosts two rounds of the championship. Madrid joins the schedule in 2026, and whereas Barcelona needs to proceed it’s thought that it could be compelled to rotate with one other occasion, and whereas some have mentioned it might be with Zandvoort, the game is unlikely to need to upset the Orange Military right now.
“I consider that every one the propositions which are approaching our desk are simply giving us the likelihood to make even higher selections for our future,” mentioned Domenicali. “In order at all times, we must be balanced, figuring out that we can not comply with solely the pure direct monetary proposition, as a result of that’s totally different from area to area, but it surely’s as much as us to suggest to our stakeholders the best selection.”
After all, it was the game’s European heartland that saved the day in 2020 when Liberty Media was desperately looking for to get F1 going as COVID decimated the worldwide sporting calendar, however since when did F1 below Liberty care about things like historical past, custom or loyalty.
