Liberty Media had taken complete control of F1 in January, ending Bernie Ecclestone's 40-year reign at the helm of affairs.
"With the lights high up, if the spray goes up we may not see much".
"The first ever night race in this sport is one of the most thrilling events of the year", he added.
"We are looking forward to offering our continued support to make the next four years even more spectacular and exciting". "We have so far not got a chance to engage in depth yet, it has only been a little over half a year since the complete change in ownership", said Carey in response to a PTI query.
The street circuit, which has unique appeal as a night race, first hosted a race in 2008. Besides India, Korea is another country that could not survive in F1 for long. We have talked about the opportunity to grow the sport in Asia as well as the Americas.
In the past, F1 has been criticised for striking one side deals heavily in their favour with local race promoters not getting enough out of the millions of dollars they cough up as hosting fees.
There is a massive chunk of Formula 1 fans in India who still hope to see a rerun of the races at the Buddh International Circuit in Noida, Delhi.
"I'm sure we're going to learn a lot from this weekend for the future but, of course, when you're deeply into it, it's a bit painful".
"We believe agreements should always reflect ongoing fair value between two parties".