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It is the end of an era, in a good way. F1 needs to revolve for new fan base and the revolution of social media, broadcasting technology etc.
To be honest, Bernie E did a great job in the past promoting F1 in various commercial ways. To new venues, and locations. However in recent years the pendulum and balance of hosting fees and historical venues were horribly tilted to one side. Losing several historical venues and many were in threat.
We'll see how will the new management Liberty media will help to bring F1 to the 21st century. In terms of viewing and promoting, not just entertaining the top 1% fans.
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