Discussion
HustleRussell said:
Rumours that he will step down imminently?
There was an earlier report that he would be demoted, to play second fiddle/assistant/intern to the new incumbent. I can't help but feel that Liberty Media would not be all that happy to continue with the business model that Ecclestone follows. Liberty will have to publish accounts.
New broom.
Eccelstone pretty much intimated he would step down in the interview he did with Martin Brundle on Sky. He said something along the lines of "when you are a dictator, 7 out of 10 decisions you make are right, when you manage by committee, 9 out 10 decisions are wrong". He then said Liberty have their way of running things and he has his and he would have to see if he fitted in.
I think it's only a matter of time before he goes. Love or hate Bernie, he transformed a minority sport with little coverage into a global phenomenon, making a lot of people rich in the process, none more than himself. But, the world has changed, the sport has changed and the way the public 'consume' the sport has changed. It's time for him to step down.
I think it's only a matter of time before he goes. Love or hate Bernie, he transformed a minority sport with little coverage into a global phenomenon, making a lot of people rich in the process, none more than himself. But, the world has changed, the sport has changed and the way the public 'consume' the sport has changed. It's time for him to step down.
Can we really see the top teams tearing up their contracts before 2020. Bernie even made the Renault contract have a different end date to make sure he had leverage in future negotiations.
What are corporations like Fiat Chrysler, Mercedes and Renualt supposed to do with monority share holdings in Liberty media? Would they surrender their strangle hold on Strategy Group, ot Ferrari, it's much detested vito of anything it does not like, let alone it's 5% bribe?
I think Bernie's shadow will be cast over F1 for many years to come
What are corporations like Fiat Chrysler, Mercedes and Renualt supposed to do with monority share holdings in Liberty media? Would they surrender their strangle hold on Strategy Group, ot Ferrari, it's much detested vito of anything it does not like, let alone it's 5% bribe?
I think Bernie's shadow will be cast over F1 for many years to come
A lot of twitter posts that BCE has 'been forced to leave his position as F1 CEO'.
I can't find any english language websites only this:
http://www.auto-motor-und-sport.de/formel-1/bernie...
I can't find any english language websites only this:
http://www.auto-motor-und-sport.de/formel-1/bernie...
for that !
Auto, Motor und Sport have posted on faceache tonight that Ecclestone was dismissed this morning.
Ecclestone apparently told them that he doesn't run the company anymore, he is gone, he was deposed and his position has been taken by Chase Carey.
He is now an Honorary President - whatever that means.
So. Goodbye Bernie.
Thank you for what you did years ago even though recently you have recently royally f
ked over F1.
Maybe now we will get some sense back into F1, reduce the cost of hosting a GP, ensure that we retain the British GP & ditch the stty engines.
Ecclestone apparently told them that he doesn't run the company anymore, he is gone, he was deposed and his position has been taken by Chase Carey.
He is now an Honorary President - whatever that means.
So. Goodbye Bernie.
Thank you for what you did years ago even though recently you have recently royally f
ked over F1.Maybe now we will get some sense back into F1, reduce the cost of hosting a GP, ensure that we retain the British GP & ditch the s
tty engines.Edited by fatboy69 on Monday 23 January 20:00
Edited by fatboy69 on Monday 23 January 21:16
ArnageWRC said:
Won't be sorry to see him go.
Yes, he did a lot for the sport - and made it seem 'professional', but in the last 15-20 years he's just chased the £$£$£$£$£$
And, with his mate Max, combined to stitch up the other disciplines - some of which are still feeling the consequences.
I assume from your posting name you regret the lack of attention to WRC. Then there's no real F1 feeder series, WSC and other such formulae.Yes, he did a lot for the sport - and made it seem 'professional', but in the last 15-20 years he's just chased the £$£$£$£$£$
And, with his mate Max, combined to stitch up the other disciplines - some of which are still feeling the consequences.
I'd disagree over whether it was Ecclestone who, once he left Brabham, made the sport more professional on the sporting side. That was down to the likes of Williams, Head and Dennis. I wouldn't suggest that even the commercial side would have suffered that much if he'd stayed away given how other sports have changed over the same period. If you look at how, for instance, rugby has progressed in the last 20 years, it seems unlikely that F1 would have been immune.
His most significant contribution to the sport was, I think, to rein in Mosley, at least for the first few years. At the USA GP in 2005 rumours suggest that Ecclesone's compromise solution to the tyre problem was rejected by the absent FIA boss. There were further battles, right up until [message from Google: nothing happened in 2008, especially to Mosley, so this had been redacted] after which his authority took a hit from which it never recovered.
Ecclestone being deposed has to be good news for the sport, although he'll probably give a quote or two during Liberty's first season when things don't go quite right. He has just said: "I still have many friends in Formula 1, and I still have enough money to afford to attend a race.” Well let's hope he goes to four and becomes bankrupt.
What it shows, I think, is that Liberty is going about F1 the American way. I wonder if they put a guard on his desk and checked through the cardboard box as he left the building.
Whether this take-over will secure the future of F1 or mean a change to some other sport, almost, but not entirely, unlike GP racing remains to be seen. I've got the horrible feeling it is too little (in the sense of investment) too late.
fatboy69 said:
So. Goodbye Bernie.
Thank you for what you did years ago even though recently you have recently royally fked over F1.
Agreed, but not just recently more like over the last 25 years, the new owners will need more than just luck and many many years to get anywhere good with the mess they have just purchased for a massively over inflated price. Meanwhile BCE and CVC laugh all the way to their Swiss bank accounts. Thank you for what you did years ago even though recently you have recently royally f
ked over F1.Edited by fatboy69 on Monday 23 January 20:00
ArnageWRC said:
Not just WRC - I'm a general motorsport fan; so Sportscars, touring cars, Bikes, etc
To lots of people, and media, Motorsport = F1. And that is not good. And that has only happened in the last 15-20 years - and it hasn't happened by accident.
Indeed. One wonders if the sale to an American company might give rise to a greater concentration on domestic and European race series. To lots of people, and media, Motorsport = F1. And that is not good. And that has only happened in the last 15-20 years - and it hasn't happened by accident.
Derek Smith said:
I'd disagree over whether it was Ecclestone who, once he left Brabham, made the sport more professional on the sporting side. That was down to the likes of Williams, Head and Dennis.
His most significant contribution to the sport was, I think, to rein in Mosley,
Derek,His most significant contribution to the sport was, I think, to rein in Mosley,
You seem to have a very bad memory or are you just biased?
Bernie got the teams together and organised deals with the circuits not Frank, Patrick or Ron.
It's widely known and acknowledged that it is Bernie that made the trucks line up properly etc. etc.
Bernies most significant contribution IMHO was to bring the medical support - Prof Sid Watkins was the only man that Bernie would defer to - that medical support has filtered down to all circuits in the UK.
Yes, Bernie made a lot of money out of F1 but he also made a lot of other people very rich as well - Frank, Patrick and Ron to mention just three!
Confirmed by Joe Saward and the BBC
https://joesaward.wordpress.com/2017/01/23/its-off...
http://www.bbc.co.uk/sport/formula1/38723001
Bernie is now "Chairman Emeritus"
https://joesaward.wordpress.com/2017/01/23/its-off...
http://www.bbc.co.uk/sport/formula1/38723001
Bernie is now "Chairman Emeritus"
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