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Formula 1 promoters critical of Liberty Media

Promoters of the majority of Formula 1 Grands Prix have voiced their concerns over the future direction of the series under Liberty Media. The Formula One Promoters’ Association, of which there are 16 members, gathered for their annual meeting in London on Monday. Liberty Media enters 2019 with five of its Grands Prix – Spain, Britain, Germany, Italy and Mexico – out of contract at the end of the year. Britain held a deal through 2026 but circuit owners BRDC opted to activate a break clause in its contract due to its long-term apprehension over the finances of such a deal. The body has taken the unprecedented step of issuing a statement to voice its concerns, citing...
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