Carey: Formula E just a 'street party'

Formula One executive director Chase Carey has hit back at the CEO of Formula E, Alejandro Agag, who has previously claimed that his sport would surpass F1 in popularity in the future, dismissing the comments and commenting that FE was just a 'street party'.

Formula E has grown in popularity in recent years, with fans of the sport liking the more environmentally-friendly approach to racing rather than the more traditional F1.

Agag predicted a few weeks ago that FE would eventually become more popular than F1, but Carey jokingly said that he appreciates the crystal ball of his opposite CEO.

"I'm glad he [Agag] has a crystal ball," Carey told Germany's Sport Bild.

"Formula E is not our competitor. It represents something that matters to all of us - the environment - but I see it as more of a street party than a sports event.

"People who've been there say they had fun because there was music and good food, but Formula 1 is watched worldwide and we now have the opportunity to take it to a new level.

"And I believe other series can help us, because they create interest. But the top series is and remains Formula 1," he added.

Agag, who is the founder as well as the CEO of the sport, ruffles some feathers in F1 when he claimed FE would be the bigger sport in 20 years.

“In 20 years’ time, I don’t see anything bigger than Formula E,” Agag told City A.M at the time.

"Formula One is an entertainment proposition, [like] today, horse racing is an entertainment proposition.

“Formula E will be the main motorsport championship because it is the championship that is connected to the industry.

“I think that we could become one and only."