Liberty's plan for the future of F1 wasn't welcomed overwhelmingly by leading teams, which unsurprisingly had financial reservations. Using the example of one of the best-run races, James Allen says there's reward to be had from short-term risk.
Formula 1 teams know all about the balance of risk vs reward. The drivers weigh up every overtake in those terms; Verstappen's judgement veered slightly toward the 'optimistic' when he put himself in a vulnerable position going around the outside of Lewis Hamilton at the Chinese Grand Prix.
Race strategists weigh up the dynamic when plotting a strategy switch. A perfect example was Red Bull pitting both drivers under the safety car in China - a bold, winning move. Mercedes and Ferrari were cautious, preferring track position, but they lost their chance of victory.