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Liberty: Good GP discuss not designed to strain Monaco over F1 race

Liberty: Good GP discuss not designed to strain Monaco over F1 race

F1 CEO Stefano Domenicali recently revealed that Nice has indicated an interest in holding the race after the present take care of Paul Ricard runs out.

On the similar time F1 is in negotiations with Monaco over an improved future deal.

The principality not solely pays the bottom payment of any occasion, it additionally creates its personal broadcast in addition to retaining the rights to place up circuit signage for its personal sponsors.

A conflict between official F1 associate Rolex and Monaco’s personal TAG Heuer deal is a supply of appreciable frustration to Liberty.

Many see Domenicali’s revelation of the Good bid as a means of placing strain on Monaco with the clear implication that F1 may placed on a road race just some miles down the coast.

Nevertheless, Maffei insisted that highlighting the Good bid wasn’t a negotiating tactic.

“No, we simply need to have nice races, that is what we wish,” he advised “We at all times look, there are lots of people excited by holding a race, and we have a look at the alternate options.”

Requested if Liberty and F1 had been taking part in hardball with Monaco over a future deal, he denied that was the case.

“I dispute that characterisation. I feel Monaco has one of the best deal of any monitor on the calendar. They could deserve it. However there are particular issues that should be according to all people else.

“We predict Monaco is a particular place, an exquisite place. However, you already know, equity says there are particular issues that must be in all places.”

Concerning the conflict of watch manufacturers, he famous: “We attempt to defend our sponsors.”

A view of Monaco track

A view of Monaco monitor

Photograph by: Mark Sutton / Motorsport Images

Maffei stated just lately that F1 could comply with the Las Vegas mannequin and turn into concerned as a promoter at some “conventional” occasions. Nevertheless, he denied that Monaco may fall beneath such a deal.

“I feel what I stated was, we’ll do this, it has potential, we may very well be sponsors some other place. We now have no present plans. Nevertheless it’s an attention-grabbing mannequin.

“First we’ll see if we may be profitable in Las Vegas. If we had been going to select one other place, I am undecided that [Monaco] is the place I might begin for us to be the place we add as a lot worth. I feel there are different locations the place we may very well be extra constructive.”

Requested if Spa was an instance of a venue that wanted a promotional increase, he stated: ” There’s nothing in thoughts but. I feel loads of our promoters have stepped up their recreation and so much have completed issues to enhance the amenities and make it a greater expertise.

“And we welcome that, and the place we may be useful, we might prefer to be.”

In the meantime, Maffei is optimistic {that a} deal may be concluded to run a South African GP in Kyalami, with an April 2023 date understood to be possible.

“We’ll see. We attempt to say we race on each continent the place folks have automobiles. We’re attempting, we have not gotten there but. However we’re attempting. I feel issues arrange effectively there.”

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