Formula One team bosses have welcomed Liberty Media's suggestion they buy shares in the sport in future.
Last week Liberty Media confirmed it has agreed to purchase a controlling stake in Formula One in a sale which will be completed in early 2017. The American media company has already outlined its key objectives for the sport in the next few years, while it also said it would be happy with the teams buying a stake in the sport.
Red Bull boss Christian Horner said the suggestion makes "total sense" for both the teams and the sport.
"I think it's a sensible thing," he said. "I think the teams are key stakeholders in F1, without the teams there is no F1. For the teams to take a minority shareholding would make sense, to be offered to all the teams on the same terms would make total sense.
"I think to keep it at minority shareholding for the teams would be the right thing, because anything beyond that, we're never going to agree upon. But obviously it does make sense for the teams to be a participant in the shareholding."
Mercedes boss Toto Wolff agreed with Horner, saying teams having shares in the sport would solve many of the current issues F1 faces.
"The idea sounds good," Wolff said. "If you are able to align the major stakeholders with a long-term vision, and you make the teams shareholders, there are many problems you could solve.
"But obviously it's a commercial and financial decision, and the devil lies in the detail."
Renault boss Cyril Abiteboul said:"I think it's a great opportunity. A lot of value has been derived for the existing shareholders from F1. I think it will be a great thing if F1 teams were able to capture some of that value given the risks that are taken by the different parties who finance the team."
Sauber boss Monisha Kaltenborn also thinks the idea is worth considering, but only once the cost and benefit is made more clear.
"We've had these kinds of discussions before," she said."I think it's an interesting idea. It can make sense to have all teams actually given this opportunity and be represented as well. At the end of the day, it depends what you get and what the price is."
Ferrari team principal Maurizio Arrivabene was less willing to comment on the idea, saying it was a decision that he would have little say in.
"This is a strategic decision that must be taken by the chairman of the company, with the board."