Formula 1 CEO Chase Carey says the sport will likely end up dropping certain races in the future while also adding new venues to its schedule. Liberty Media recently expanded the upper limit to F1's theoretical calendar, establishing a 25-race ceiling that shall likely be reached in the next few years. The increase, fueled by healthy demand from promoters, will lead to new venues joining F1's agenda but also to the removal of specific events that Liberty Media believes do not offer compelling value to the sport. "We probably today feel more positive about the upside in the that category," said Carey on Monday during a conference call with Wall Street analysts when asked about the...
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