Formula One is planning to move to a 24-race calendar in the near future, with some rotation of circuits, Carey said on Thursday.

The sport has pencilled in a record 23 for next year, dependent on developments in the Covid-19 pandemic which forced organisers to rewrite this season's schedule and limit races to Europe and the Middle East.

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Carey, who is handing over to former Ferrari team boss Stefano Domenicali in January while remaining as non-executive chairman of the Liberty Media-owned sport, was speaking to investors.

"We expect to move to a 24-race calendar in the next few years, and will probably rotate a few races so we will be able to accommodate a few new partners," said the American.

But they will be limited as long-term partnerships continue to be our priority.

Formula One had two new races this year as a result of the Covid-19 pandemic, at Portugal's Algarve circuit and Mugello in Italy, while also bringing back the Nuerburgring in Germany, Italy's Imola and Turkey's Istanbul Park for the first time in years.

Those races were stand-ins for others that had to be cancelled on what ended up as a 17-round calendar.

Saudi Arabia will be the new round on the calendar next season with a night race in Jeddah.

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