SAO PAULO, Brazil -- Mercedes chairman Niki Lauda is concerned about the direction Formula One is taking under its new ownership.
As its first season in charge comes to an end, Liberty Media -- which took control of the sport in January this year -- is starting to outline its vision for when the current contracts governing F1 expire at the end of 2020. A new engine formula with cheaper and louder power units is at the heart of F1's plans, among a raft of changes designed to encourage new competitors to enter the sport and make it easier for smaller teams to compete for victories.