Formula E Founder & CEO Alejandro Agag "has dismissed media speculation" that he could play a role in running Formula 1 after Liberty Media's takeover, according to Alan Baldwin of REUTERS. Agag said on Tuesday at his London HQ, "There haven’t been any contacts at all, whatsoever. My interest is Formula E and I think there is still so much to be done in Formula E and it’s really exciting to be in Formula E. I think I could not go anywhere without Formula E. So wherever I go, Formula E has to come, in a way. Formula E is like my baby. I founded it, we were very few in the beginning and we’ve taken it to this point and I don’t think I can stay apart from Formula E." Formula E is owned by Liberty Global, another of U.S. cable TV tycoon John Malone's companies. Agag welcomed the F1 takeover, "which has still to be approved by anti-trust regulators," but said that there had been no discussions "in terms of synergies or co-operation or anything." He added, "If you ask me for my feeling, I think it’s good. I think if Formula One had been bought by a competitor of the Liberty family, the extended family, it would be more difficult." He did not "envisage any competition issues, however, because the two series were so distinct and raced in very different arenas," with Formula E a city-based series using temporary circuits. Agag: "We don’t compete at all with Formula One. We don’t race in racetracks, we race on very small places where Formula One cannot race so there is no competition" (REUTERS, 9/27).
