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ESPN.com · Jul 1, 2016

F1 bosses take wait-and-see approach to Brexit

Mirko Stange/Sutton ImagesClaire Williams and Christian Horner say it is too early to properly judge the impact Britain's decision to leave the European Union will have on Formula One.

Last week the British public voted to leave the EU, triggering a downturn in the British pound sterling and wiping $2 trillion off worldwide markets. Though the sterling and business markets have stabilised somewhat in the days since, there remains uncertainty over how and when the UK will actually leave the union, with the ruling Conservative Party currently electing a new leader to negotiate the exit.

Though many F1 teams are based in the UK, Williams is unsure what the immediate impact will be.

Full story at ESPN.com

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