F1 chairman: Sport cannot be a dictatorship

• Formula One cannot be run like a dictatorship, even if many people in the sport are used to that, according to the new chairman appointed to work with commercial supremo Bernie Ecclestone.
• Chase Carey, who took on the role as part of Liberty Media's (LMCA) takeover of the sport, further said that F1's U.S. expansion should ultimately look at big cities like Los Angeles, New York or Miami.
• The primary concern, however, is building long-term value and investing in the future.