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European F3 needs to stay in Europe. However, could there be an Asian F3 championship with their own cars as well. Then standings from both combine to give a world championship. It would work similar GP2 Asia and GP2 so you have both running without calendar clashes. Most can stick to one championship while those with a bigger budget can race in both and you could even drop a few scores in case some can't make all 18-22 rounds.
They'd both would support F1, WEC or WTCC, though Europe could race at Pau and with the DTM.
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