Formula One teams admit they are worried about the Brexit crisis that is occurring in Britain.

When asked about the Brexit, Mercedes team boss Toto Wolff said: “We are monitoring it very closely because we have a large operation in the UK.

“We have EU citizens working for us, we are importing lots of goods from the EU and we have taken steps to make sure they are not stuck on the border. Overall, not a very pleasant development,” he added.

Christian Horner, boss of the Milton Keynes based Red Bull team, said he is positive a good solution will be found in the end.

“I think the bottom line is that people will continue to do business with the UK if we’re competitive and remain good at what we do,” he said.

“There’s obviously some turbulence around at the moment but hopefully, in the coming weeks and months, there will be a solution found.”

Ferrari boss Maurizio Arrivabene thinks Brexit could be a perfect opportunity for the Italian team to capture some British talent.

“If everything is going in the direction that is announced at the moment, I suspect that in the near future we will find a lot of people knocking on the door of Maranello,” he said.

“But talking about formula one overall, it’s not really the best scenario so I hope they find a solution.”