The Motor Sport Business Forum in Monaco this week was the perfect opportunity for promoters and team bosses inside the FIA-sanctioned championships to share their opinions regarding the potential of the series they're part of. So Fry pointed to the Internet as being Formula One's new frontier to be broken.
“I think it is a bit of old fashioned thinking to think that by giving people more over the internet they will consume less somewhere else. In fact, with younger consumers and fans are actually doing both - they are not reducing their consumption of one because you are giving them more in another area. They are doing both maybe at the same time,” said Fry, according to Autosport.
Fry also emphasized Formule One's need to improve their coverage in the world by any means possible, as the Great Circle already started to lose ground ahead of other sports considered rather “dull” until not so long ago.
“I think the business model that we all have now is very similar. We have to grow F1, if we grow F1 it is good for FOM, it is good for television companies, good for people in the business, good for the teams. So we have an aligned objective.”
“The reality of life is that we have to up our game, because our competitors have upped their game. Cricket has gone from something that was as dull as ditchwater to something that is competition for F1. It is not the main competition, but it is example of how people have raised their game. And we have to do likewise. We have to improve,” added Fry.