The end is nigh?
The end is nigh?
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Discussion

rdjohn

Original Poster:

7,154 posts

224 months

Monday 23rd July 2012
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Fire99

9,865 posts

258 months

Monday 23rd July 2012
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If history is observed regarding Ecclestone, I wouldn't like to call what is going to happen with this one.

There is an air of teflon regarding ol Bernie.

thechosenfamily

332 posts

184 months

Monday 23rd July 2012
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Whilst Bernie has up until now has been "The Teflon Kid" I can't help feeling he might be in a spot of bother on this one.

Given the reputation of Germans to be efficient and correct you cant help thinking they must have a very good case to even consider taking him on.

rdjohn

Original Poster:

7,154 posts

224 months

Monday 23rd July 2012
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He is also in a pincer movement as he used the family trust money for the bribe.

I am sure HMRC will be onto him now Dave wants them to name-and-shame tax dodgers.

http://www.guardian.co.uk/business/2012/jul/23/tax...

A very late retirement, in a country without an EU extradition treaty, may be looking attractive to him; I am sure he could buy one.

Eric Mc

125,606 posts

294 months

Monday 23rd July 2012
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Naming names in respect of tax avoidance won't happen - purely on the grounds that if someone has done nothing wrong, legally, or the jury is still out on the legaility of a situation, then the Government would themselves be breaking various laws by naming names. Indeed, they could even be shooting themselves in the foot as naming someone in advance of a tax evasion court case could prejudice the trial resulting in the case being dropped

Anyone who has been found GUILTY of tax evasion, in court, of course, is fair game.

But that involves court cases - and names are published anyway once something goes to court.

teamHOLDENracing

5,105 posts

296 months

Tuesday 24th July 2012
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Sunday Times:

"Formula One backer CVC is believed to have positioned Donald Mackenzie as the interim chief executive of the UK-based motor-racing company, the Sunday Times reported. The unsourced report said the private-equity house has put in place an emergency plan for the replacement of Bernie Ecclestone, as the current F1 chief executive may face charges of bribery in Germany.
Mackenzie is CVC’s managing partner and co-founded the business, the report said. it added that Christian Horner, who currently manages the Red Bull Racing team, is in pole position to take over from Ecclestone for the longer term.
Uncertainty around the leadership of F1 may hamper efforts to attract investors, the item reported."

Fire99

9,865 posts

258 months

Tuesday 24th July 2012
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teamHOLDENracing said:
Sunday Times:

" Christian Horner, who currently manages the Red Bull Racing team, is in pole position to take over from Ecclestone for the longer term.
"
yikes I'd trust Jeffery Archer more than Horner!

Life Saab Itch

37,069 posts

217 months

Tuesday 24th July 2012
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Fire99 said:
yikes I'd trust Jeffery Archer more than Horner!
Horner.

Hmmm

two points. 1 I'm surprised that Flabio hasn't been mentioned. 2 I'd say that Horner is about as trustworthy as Ecclestone.

Richard-G

1,743 posts

204 months

Tuesday 24th July 2012
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Life Saab Itch said:
Horner.

Hmmm

two points. 1 I'm surprised that Flabio hasn't been mentioned. 2 I'd say that Horner is about as trustworthy as Ecclestone.
Fully agree with you about Horner, he has the right connections as well.

Flabio, i would assume isnt savvy enough, i have the impression he could be distracted by women and choclate.

Eric Mc

125,606 posts

294 months

Tuesday 24th July 2012
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His jiggly leg would always give the game away if he was telling porkies.

disco1

1,963 posts

247 months

Tuesday 24th July 2012
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Why is everyone so anti Horner/Redbull? He a young British team principal with a proven track record at the highest level who has taken his British team to two WDC/Manufacturer titles. He brought in the right talent and got the blend just right. It may be done with Austrian money but then again both Ferrari and McLaren are financed by the middle east. His team may bend the rules but all F1 teams do.

I'm a McLaren fan but can clearly see a talented prinipcal and talented race team when I see one. Lets face facts, he's produced a better team and car than MW has. In any other sport his acheivements would be celebrated and he'd probably be on for one of the BBC SPOTY awards!

Also don't get the Vettel hate either, young, very nice, polite devistatingly quick and 2 time WDC!

If the car was silver/rocket red and made at the MTC we'd be creaming ourselves!

Richard-G

1,743 posts

204 months

Tuesday 24th July 2012
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disco1 said:
Why is everyone so anti Horner/Redbull? He a young British team principal with a proven track record at the highest level who has taken his British team to two WDC/Manufacturer titles. He brought in the right talent and got the blend just right. It may be done with Austrian money but then again both Ferrari and McLaren are financed by the middle east. His team may bend the rules but all F1 teams do.

I'm a McLaren fan but can clearly see a talented prinipcal and talented race team when I see one. Lets face facts, he's produced a better team and car than MW has. In any other sport his acheivements would be celebrated and he'd probably be on for one of the BBC SPOTY awards!

Also don't get the Vettel hate either, young, very nice, polite devistatingly quick and 2 time WDC!

If the car was silver/rocket red and made at the MTC we'd be creaming ourselves!
im not anti Horner or red bull at all, He is a VERY sharp guy and he's never ever sick at sea.

he can be a tad economical with the truth however and i have a feeling he would like to bathe Dietrich Mateschitz in Alp Milk and give him a cuddle.

rev-erend

21,619 posts

313 months

Tuesday 24th July 2012
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I seem to remember Bernie and others did not go to Italy for a while after Senna's death as the state wanted to start putting people in jail and sort out the details much later.

Edited by rev-erend on Tuesday 24th July 16:42

Life Saab Itch

37,069 posts

217 months

Tuesday 24th July 2012
quotequote all
Richard-G said:
im not anti Horner or red bull at all, He is a VERY sharp guy and he's never ever sick at sea.

he can be a tad economical with the truth however and i have a feeling he would like to bathe Dietrich Mateschitz in Alp Milk and give him a cuddle.
He'd have to lock Helmutt out of the bathroom....

Life Saab Itch

37,069 posts

217 months

Tuesday 24th July 2012
quotequote all
Richard-G said:
im not anti Horner or red bull at all, He is a VERY sharp guy and he's never ever sick at sea.

he can be a tad economical with the truth however and i have a feeling he would like to bathe Dietrich Mateschitz in Alp Milk and give him a cuddle.
He'd have to lock Helmutt out of the bathroom....

dtrump

2,126 posts

220 months

Tuesday 24th July 2012
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disco1 said:
Why is everyone so anti Horner/Redbull? He a young British team principal with a proven track record at the highest level who has taken his British team to two WDC/Manufacturer titles. He brought in the right talent and got the blend just right. It may be done with Austrian money but then again both Ferrari and McLaren are financed by the middle east. His team may bend the rules but all F1 teams do.
I just don't like his face, thats all really

Derek Smith

49,670 posts

277 months

Tuesday 24th July 2012
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I was more than a little surprised by Ecclestone's behaviour at the British Grand Prix. He was interviewed without notice and he appeared to be totally confused. There was no coherent reply.

He's been under considerable pressure for a considerable time and, for an old boy, it cannot have been easy. The pressure not only comes from the court case as there is the Concord agreement as well as the flotation of the broadcasting rights. Three major problems: you pick which is the most difficult to deal with.

From my reading of the court case Ecclestone has stated that the money he paid to Gribkowsky was indeed a bribe. His explanation was that there was an implied threats to expose his tax situation. My understanding of German law is that the person paying the bribe as well as the person receiving both commit offences. That said, I read it in a newspaper.

It seems obvious to me that his time in charge was coming to an end, hence the flotation. I think most people assumed that once that had gone through Ecclestone would disappear. However all these problems with regards to the court case have delayed the flotation leaving Ecclestone in a sort of limbo.

One might think that those in charge of CVC are not at all happy to have a scandal implicating Ecclestone at the time of the, albeit partial, sell off.

Ecclestone fleeing is a possibility one would assume. If he is going to go then the time to start packing cannot be long in the future. Mind you he could choose the well trodden path of others in such a situation and just muddy the water with expensive lawyers.

My own personal opinion is that the question mark in the title is not required. Ecclestone is on the way out. The only question is when does he go. He would not want to leave leaving until too late. It is not as if he would fade into the background.

vonuber

17,868 posts

194 months

Tuesday 24th July 2012
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Derek Smith said:
My own personal opinion is that the question mark in the title is not required. Ecclestone is on the way out. The only question is when does he go. He would not want to leave leaving until too late. It is not as if he would fade into the background.
Listen, and understand. That Ecclestone is out there. He can't be bargained with. He can't be reasoned with. He doesn't feel pity, or remorse, or fear. And he absolutely will not stop, ever, until you are dead.

anonymous-user

83 months

Wednesday 25th July 2012
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Derek Smith said:
I was more than a little surprised by Ecclestone's behaviour at the British Grand Prix. He was interviewed without notice and he appeared to be totally confused. There was no coherent reply.

He's been under considerable pressure for a considerable time and, for an old boy, it cannot have been easy. The pressure not only comes from the court case as there is the Concord agreement as well as the flotation of the broadcasting rights. Three major problems: you pick which is the most difficult to deal with.

From my reading of the court case Ecclestone has stated that the money he paid to Gribkowsky was indeed a bribe. His explanation was that there was an implied threats to expose his tax situation. My understanding of German law is that the person paying the bribe as well as the person receiving both commit offences. That said, I read it in a newspaper.

It seems obvious to me that his time in charge was coming to an end, hence the flotation. I think most people assumed that once that had gone through Ecclestone would disappear. However all these problems with regards to the court case have delayed the flotation leaving Ecclestone in a sort of limbo.

One might think that those in charge of CVC are not at all happy to have a scandal implicating Ecclestone at the time of the, albeit partial, sell off.

Ecclestone fleeing is a possibility one would assume. If he is going to go then the time to start packing cannot be long in the future. Mind you he could choose the well trodden path of others in such a situation and just muddy the water with expensive lawyers.

My own personal opinion is that the question mark in the title is not required. Ecclestone is on the way out. The only question is when does he go. He would not want to leave leaving until too late. It is not as if he would fade into the background.
Derek Smith commenting on an Ecclestone thread? Who'd of thunk it?!

I'm genuinely interested why you take such a keen interest in a stranger's life?

Derek Smith

49,670 posts

277 months

Wednesday 25th July 2012
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Dubai said:
Derek Smith commenting on an Ecclestone thread? Who'd of thunk it?!

I'm genuinely interested why you take such a keen interest in a stranger's life?
I'm an F1 nerd. I love the sport.