Formula 1 CEO Bernie Ecclestone does not believe that Britain’s decision to leave the European Union will have any impact on the sport.
On Thursday, over 30 million Britons voted in a historic referendum that saw a majority vote to leave the EU after 43 years.
The immediate impact of ‘Brexit’ has been felt in the global financial markets, with the pound dropping to a 30-year low against the dollar.
Questions have been raised about the decision’s bearing on F1. Eight of the 11 teams on the grid are based in the UK, as are a number of key suppliers.
Speaking to Reuters, F1 supremo Ecclestone welcomed Brexit, believing it will have no effect on the sport moving forward.
“I have been a supporter of this all the way through,” Ecclestone said.
“I think it’s the best thing. We should be ruling ourselves.
“If we’ve got something to sell, and it’s a good product at the right price, people will buy whether they are Chinese, Italian or German.
“People will just get over this and get on with their lives.”
However, Mercedes chairman and Daimler CEO Dieter Zetsche expressed his regret over the British public’s decision to exit the EU.
“This is not a good day for Europe,” Zetsche told DPA.
“And in my view, certainly not for the UK.”