Formula 1 swerves to Brexit contingency plans
CEO Chase Carey worries about complications surrounding the movement of goods from Britain and could base more material on mainland Europe
Geneva — Formula 1 is implementing contingency plans to deal with the consequences of Brexit, including possibly basing more material on mainland Europe, CEO Chase Carey says. Several F1 teams have warned that Britain’s departure from the EU, especially if it comes without a withdrawal agreement, will create logistical nightmares for an industry that relies on international staff and specialised goods moving in and out of Britain. Mercedes team CEO Toto Wolff said Brexit could trigger “the mother of all messes” for his Northamptonshire-based team. Six of the 10 teams taking part in the 2019 Grand Prix series are based in Britain. Carey told reporters at the Geneva International Motor Show that F1 was trying to make plans despite the uncertainty surrounding the timing and nature of Brexit. “We are making contingency plans for trying to make sure we are prepared to deal with the issues that possibly arise that would make getting people and things in and out of the UK more difficult,” ...
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