Formula 1 is implementing"contingency plans" to deal with the consequences of Brexit, including possibly basing more material on mainland Europe, its chief executive Chase Carey said Tuesday.
Several F1 teams have warned that Britain's departure from the European Union, 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.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.
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