Carey: F1 has always been a leader in initiatives

Formula 1 will adapt to the times to stay relevant and continue to be a leading innovator for the auto industry which, according to the sport’s chief Chase Carey, means a balance of technologies for the top flight.

Carey told the official F1 website, “The Formula 1 hybrid engine is the most efficient in the world and has a critical role to play to address the wider global environmental issue. I think the solution to the environmental situation is going to be many and not just one.

“While I appreciate electric has got the attention and has hit a sweet spot at the moment, I think electric will be part of the solution but has issues such as battery disposal that still need to be addressed.

“We believe the hybrid engine and fuel technologies can play a big role, a leading role, in addressing the issue of carbon emissions. We believe the solution will be a path of many rather than one cure-all.

“Formula 1 and its history, the pinnacle of motorsport, has played a leading role in road cars. Computers, safety or aero have all come from Formula 1 innovation and road car developments such as plug-in hybrids have benefitted from F1 innovation and technology.

“We will also be moving forward on addressing the environmental issue across the sport including our events off the track. It is going to be a major initiative for us and we are quite excited about our ability to play a leadership role and that’s what Formula 1 has always been, a leader in initiatives that lead to the auto world,” concluded Carey.

Big Question: How important is it for F1 to remain relevant to the auto industry?