Claire Williams and Christian Horner say it is too early to properly judge the impact Britains decision to leave the European Union will have on Formula One.Last week the British public voted to leave the EU, triggering a downturn in the British pound sterling and wiping $2 trillion off worldwide markets. Though the sterling and business markets have stabilised somewhat in the days since, there remains uncertainty over how and when the UK will actually leave the union, with the ruling Conservative Party currently electing a new leader to negotiate the exit.Though many F1 teams are based in the UK, Williams is unsure what the immediate impact will be.?Asked how it will affect Williams as a team, she told Sky Sports F1: Lots of businesses have come out saying theyve got to give it a bit of time to stabilise, both politically and economically, but of course there are going to be impacts with the fluctuations in the exchange rate. Fortunately for us we do our business in a variation between dollars, sterling and euros.But when it comes to euros ... As a main example, we pay for engines in euros so theres some knock on effects there that you would expect.However, Williams thinks the way payments are made in Formula One should balance out the positives and negatives for the all the teams on the grid.?Cost of travel, movement of our people, not just going to races and test sessions but also employment, looking at staff and recruiting staff within the EU, is that going to have an impact on that? So for us its waiting, biding our time just to see where this all falls out. But I think the cost is definitely going to be there for us. But then you can out-weigh that by the dollar as well because were paid our prize money in dollars by Mr Ecclestone.Red Bull boss Horner says the real impacts are not going to be known until the UKs exit plan becomes more clear.I think it has made F1, because a majority of the income is in dollars and Euros, it has made us cheaper in many respects with the way the sterling is at the moment, he told British media in Spielberg this week. But that will negate itself with other costs or if you are importing goods into Europe or working with foreign suppliers, so it will have pluses and minuses, I think it is a question of lets wait and see. The bottom line is for the foreseeable future it is not going to make any significant impact.With the UK still unsure who will lead the nation out of the union following prime minister David Camerons resignation, Horner joked that it could do with some help from F1s most famous negotiator.I was quite surprised at the outcome of the vote. 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Its 1987 and a Brazilian playmaker, known as Mirandinha, is being paraded around St James Park to the passionate Newcastle fans.Wild Oats XI has won a ninth Big Boat challenge as one of her supermaxi rivals narrowly avoided a collision at the start.The eight times Sydney to Hobart line honours winner headed the seven-boat fleet home in one hour, four minutes and 14 seconds.She finished three minutes and 11 seconds ahead of Perpetual LOYAL, with a third supermaxi, Scallywag, just over five minutes back in third.Scallywag came perilously close to hitting a NSW Maritime vessel and Sydney ferry at the start.Asked how he avoided a collision, Scallywag skipper David Witt said we spun the roulette wheel and come up with zero, we were very very lucky.Youd expect a boat with maritime written on the side of it would actually get out of the way.It wasnt a perfect days sailing for Wild Oats XI, who trailed Perpetual LOYAL going around the first mark, but powered past her once it sorted out a spinnaker issue.We had a bit of problem at the top mark with our spinnaker, we couldnt unfurl it, so that was a bit of a drama for the guys, Wild Oats XI skipper Mark Richards said.But once we got it unfurled the boat was really quiick downwind so that was obviously very encouraging.ddddddddddddBut upwind LOYAL was definitely the boat of the day for sure.Perpetual LOYAL skipper-owner Anthony Bell was extremely heartened by his boats performance.We didnt break anything for once in the race so it was a cheaper day out than were used to having, said Bell, who was forced to retire the boat from the last two Sydney Hobart races.Were pleased with what we achieved today.Today was faultless for us.Bells regular crew has been supplemented by around half the crew from last years Sydney Hobart line honours winner Comanche, which isnt contesting the 2016 race.The only 2016 Sydney to Hobart supermaxi not to race on Tuesday was Ludde Ingvalls CQS.Chinese Whisper, the smallest yacht in the Big Boat Challenge fleet and one of the favourites for handicap honours in the Sydney-Hobart classic, was overall winner on Tuesday.Rupert Henrys JV 62 finished ahead of the 80-foot Beau Geste and Wild Oats XI. 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