Brawn once became a technical boss during Ferrari’s highly successful Michael Schumacher era, but now he vows to improve the race, show and cost of the sport in Liberty Media.

A row between the F1-owner Liberty and Sergio Marchionne ended with the Ferrari president’s post-2020 threat. But Brawn insists that the Maranello team is “very important” for a formula.

“I worked for them for ten years and carry them in my heart still.

“Ferrari is an icon and I hope we will find a solution that will work for everyone. A great sport is great for everyone and we do not want Ferrari to leave.”

However, Liberty even comes to the income playground beyond 2020 and distributes it up and down equally to the power pitlane.

He said: “The sport should be fair to all participants, including Ferrari.

“Yes it’s true that Ferrari has veto rights, but to my knowledge they never used it. Perhaps they waved it around.”

As for the race, Brawn pointed to MotoGP as a series of non-fast-paced formulas, but arguably more exciting.

He said: “A MotoGP bike is 30 seconds slower but it still seems incredibly fast.

“It’s more important to have cars that look good and can compete against one another. Does anyone complain that the times are 15 seconds slower when it rains?” Brawn added.