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Canadian GP promoter Francois Dumontier says he is not concerned that Miami looks set to join the F1 calendar next year.
F1 chief executive Chase Carey said: "We have never hidden that we want to develop F1 in the United States and eventually we would like several races there.
"We also believe there is growth potential in China."
Following criticism of the recent Monaco grand prix, Carey insisted that races like the one in the Principality are "the foundation" of the sport.
"As far as I am concerned, Europe will always be the basis of the world championship calendar," he is quoted by La Presse.
"But we must also ensure the profitability of F1 and we cannot neglect the United States and China, the two largest markets in the world."
The arrival of Miami, however, might make Montreal's Dumontier nervous about too many local races diluting interest.
But he said: "It would be different if F1 landed in my yard, in New York for example, because then we'd be competing for the same Northeast market. But we're talking about Miami and the West Coast."
New York is on Liberty Media's wish-list for the future, but Carey at least said he doesn't want to push out the calendar beyond March-November.
"The season is very busy from March to November and we certainly do not want to extend it," Carey said. "However, there are ways to organise things differently so that the teams do not have a surplus of work to do."
They really dont need to be, Miami wont ever be able to offer the kind of racing Canada offer.
Get rid of crappy circuits with no possibility to overtake. Its a laughing stock - its not even racing. LM would free-up slots for more challenging races that the fans can justify attending, for the action - not just to see a bunch of show ponies pratting about in flash cars, its more like a fashion show than a race. That Miami design - didn't look good to me - too short and looks like it will be similarly difficult to overtake - performer drivers have a say in design going forward.
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calle.itw
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They really dont need to be, Miami wont ever be able to offer the kind of racing Canada offer.