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Carey baffled by promoters' criticism
F1 boss Chase Carey admits to being baffled by last week's criticism from the 16 race bosses that comprise the Formula One Promoters Association. In the brief statement, issued last Monday following their meeting in London, the promoters criticised the increasing move to Pay-TV, a lack of clarity on new initiatives and a lack of engagement with promoters on their implementation and unease at the alternative business models being offered to prospective venues such as the revenue sharing deal made to those behind the proposed Miami event. While he understands that there will always be issues that someone is unhappy about, Carey is keen to play down last week's statement. 'I think,...
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