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Carey: Formula 1 ‘immune' to Brexit
Formula 1 CEO Chase Carey believes Formula 1 will not be adversely affected by any issues involving Brexit. Several teams have voiced their Brexit concerns, in particular regarding a no-deal outcome, due to the large number of staff they have and the parts they important from the continent. However, Carey believes an organisation like Formula 1 with its global outlook and unique revenue streams will not fall foul of Brexit. “The economic issues, I do think we feel pretty immune to them,” Carey said in a phone call with Wall Street analysts and investors. “Brexit, we’ve got some logistical issues, which are more sort of if you end up with a no-deal Brexit how do you...
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6y ago from PlanetF1.com
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