The web attacks traditional ways of doing things and elites, and this is very uncomfortable for traditional businesses to deal with.

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

The challenges some European economies have are such that it makes it very difficult for them. You have to go where the growth is.

Formula One is not just multinationals. It's also about national players wanting to get global coverage.

You could think about Vietnam and at some point in time about Nigeria. And then you head to South America: Argentina, Columbia, Peru. Probably not all of them will have an F1 race, but they are definitely considering events.

What you want to see [in Formula One] is a highly competitive sport - and the more equal it is the more exciting it is... the more volatile in the sense of results. If you have just one winner continuously it dulls the enthusiasm.

I recently interviewed Bernie Ecclestone in London. He had a go at women, said [Vladimir] Putin should be running Europe and so on. He enjoys it - he's been doing it for such a long time. He has an entrenched position. The truth be known, he is unique, right?