Sky and the BBC have shared F1 rights for the first time ever this year and Thompson said that Sky's approach to the sport and dedicated F1 channel mean that racing fans are getting something they have never been able to see elsewhere.
Watch Georgie Thompson talking at the Carphone Warehouse Appys about Sky's F1 coverage below:
"Beforehand there was a lot of negativity and it wasn't really very well founded. We needed to get on air to show what we were about and what we brought to the party," Thompson told Digital Spy.
"There has never been a dedicated Formula 1 channel before now. And there is a market for us and the BBC. Some will watch one, some will watch the other. There may be some that watch both.
"There is a large enough market for us both to exist within it."
> Formula One on Sky has raised the BBC's game, says Jake Humphrey
Speaking about the differences in style, she said: "I present a show on Fridays called the F1 Show and that's something totally different. It previews and reviews the weekend and has a laidback magazine feel to it.
"You wouldn't get that on any other platform. We're offering something a little bit more of what you already have."