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Former Formula One driver Gerhard Berger has said he is pleased with the sport's proposed sale to Liberty Media.
After a decade of ownership by the controversial CVC private equity group, American media giants Liberty are set to take over the sport.
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"I'm glad that something is happening, because the structures have been bogged down for years," Berger, told Austrian broadcaster Servus TV.
"I see the new arrangement as holding more opportunity than risk, which is why I think the sale is good for formula one," he added.
Berger also said that F1 would benefit from having American owners.
"The new owner is typically American," he explained, "which means (they are) straightforward. So there will be no more endless discussion.
"This is a very different approach than we saw before," said Berger.
"This is certainly also an opportunity for formula one to establish itself in America, which is a huge market. Liberty are also quite big media specialists, from which formula one can learn and benefit from a lot.
"I believe these guys are very customer oriented," Berger continued, "which is good for the fans of today and tomorrow."
Early reports however have predicted that the new owners could clash with current F1 boss Bernie Ecclestone, but Berger hopes that can be avoided.
"I hope this does not degenerate into a power struggle, because formula one will suffer the most from that," he said. "Instead, it would be desirable for the new and the old leaders to find a way and for Ecclestone to share his knowledge and network."
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