Monaco was my first race of the season and I spoke with a number of people and all seemed to be very optimistic.

The world is changing. And a lot of people in Formula One are starting to understand this.

If you look at the sponsorship yields, Formula One - because it happens every year - generates more sponsorship money for a four-year cycle than anybody else. So it is very powerful.

It is always easy to criticize, as Bernie Ecclestone is somebody with extreme opinions.

One of the reasons why they are optimistic is that there is more competition. Red Bull has become more competitive, the races have become more attractive - and that is what fans want!

The last person in the UK who described his product as being crap in public was one Gerald Ratner - and he was gone immediately.

I believe that Virtual Reality will hit it big time. I know that some of my colleagues disagree, but I believe in it.