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P1racenews AI automatic summary:
FIA chief admits FAILURE over key F1 change
This admission indicates that there are acknowledged shortcomings in the current Formula 1 regulations. It also suggests a need for reevaluation and potential revisions to improve the sport. The statement implies a willingness to learn from past mistakes and make necessary adjustments. It highlights the importance of constant evolution in motorsport to stay relevant and competitive. This transparency from FIA officials is crucial for maintaining the integrity of Formula 1. It sets the stage for constructive discussions and changes that could benefit the sport in the long run.