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Why are manufacturers snubbing Formula 1?

Three different major manufacturers turning up their nose at Formula 1 sounds a warning bell for grand prix racing. But how serious is the problem?

Ford doesn't fancy it. Neither does BMW. Toyota is also out. Formula 1's bold new era under new owner Liberty Media has begun with three of the world's major car manufacturers ruling themselves out of a return to the pinnacle of motorsport.

Mercedes, Renault and Ferrari are committed to F1 until at least 2020, with Honda insisting its project with McLaren is long term, but should new chief Chase Carey and co be concerned about the future?

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