New F1 chairman Chase Carey says he will work closely alongside Bernie Ecclestone to build on the successful foundations laid by the sports CEO.Carey has been installed as chairman of F1 by Liberty Media following the announcement on Wednesday it has agreed to buy a controlling stake. The American businessman, who was formerly Rupert Murdochs right-hand man at News Corportation, will work alongside F1 boss Bernie Ecclestone, who has been asked to stay in the role hes held since the late 1970s for three more years.Liberty Media has already outlined its five key areas of focus for the immediate future. Carey does not want fans to think Liberty Media simply wants to Americanise the sport and has once again stressed the importance in existing markets, such as F1s traditional heartland in Europe.Speaking to Sky Sports News, Carey said: I want to be clear, we didnt make this move because of America. America is an opportunity, I think we can do a lot more in America, its probably more long-term than short-term, itll take time to build the audience.Theres a much more passionate fanbase than anybody realises in America and I think we can do a lot to develop that, but realistically its a global sport, were not trying to Americanise it. We have a great respect for the European foundations of [F1]. Europe is critically important to us, can we build on that? Are there opportunities to grow it, in Asia, the Americas?Certainly the U.S. is a big opportunity long-term but this isnt an American company Americanising this sport. This is a great global sport, a great franchise, and one were going to continue building the great things Bernie has built over the prior decades. It is an evolution - this is a great sport with great brands, great franchises, great stars, great technology, we want to make it everything it can be, continue to build it and work with Bernie to make it bigger and better.Ecclestone, who was stood alongside Carey during the interview, was then asked if he hoped Liberty can help F1 successfully break into America.I hope they do, he replied. I really do, because Ive been knocking on doors there for a long time.Speaking about the main areas he expect to change, Ecclestone said: Theres areas where weve been a bit... you know where they are. Social media -- Im not too happy with that because Im not too sure what we should be doing or shouldnt do. Lots of other areas and Chase can help us in all other areas, hes got so much experience with everything.When Ecclestone was asked where he will be in three years, the 85-year-old smiled and said: I hope Im going to be here in three years time, alive and well! China Jerseys . Louis Cardinals. 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