Formula E is not a threat, says Formula 1 boss Chase Carey .

ABU DHABI, UNITED ARAB EMIRATES - DECEMBER 01: Lewis Hamilton of Great Britain driving the (44) Mercedes AMG Petronas F1 Team Mercedes W10 leads the field at the start during the F1 Grand Prix of Abu Dhabi at Yas Marina Circuit on December 01, 2019 in Abu Dhabi, United Arab Emirates. (Photo by Charles Coates/Getty Images)

Some detractors thought it would be nothing more than a flash in the pan, while others labeled it a gimmick — but Formula E’s remarkable growth and popularity is proof that the sport is here to stay.

So much so that many have also predicted that the sport has even the potential to become a serious rival to Formula One.
Not that F1 boss Chase Carey sees the electric motor series as a serious threat.
“No, actually, it certainly wouldn’t be Formula E,” Carey said. “I think Formula E is a very different vehicle today, largely a social cause and, you know, it’s a street party.
“I think we compete with everything out there. I mean, certainly other sports but other events and I think it’s important that we make our sport everything that makes it special. It’s a unique sport that combines technology and sport, it’s a sport that shocks your sense
“It’s a sport that has incredible drivers, taking incredible risks, with incredible talent and it’s a sport that really is a spectacle. It’s not just a two-hour event, we’re here for three days, we’ve got a variety of things going on.
“There’s a depth and richness to it that really makes it unique and I think it’s important for us to highlight what makes us unique against everything else out there.”
Since Liberty Media acquired F1 in 2017, the organization’s main aim has been to grow the sport’s popularity, with a particular focus on the US market.
Figures released by F1 at the start of the year would suggest they are off to a good start.
The number of unique television viewers in 2018 rose to 490.2 million, an increase of 10% compared to the previous year, and the total cumulative audience in the sport’s top 20 countries grew by 3% to 1.758 billion — the second consecutive year of growth, F1 said.
Figures on social media platforms are even more buoyant, with the sport’s followers on Facebook, Twitter, Instagram and YouTube reaching 18.5 million, an increase of 53.7% compared to 2017.


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