Tag Archive: CVC

Jul 20

Ecclestone plays down F1 buy-back reports

Bernie Ecclestone has played down suggestions he is set to buy back formula one.

Donald MacKenzie - Bernie Ecclestone F1 business journalist Christian Sylt claims the sport’s biggest shareholder, CVC, is already committed to selling its stake by next July. Read the rest of this entry »

Jul 10

CVC’s Mackenzie backs Ecclestone in court

F1 owner CVC’s chief Donald Mackenzie on Wednesday gave Bernie Ecclestone a boost.

2011-06-09_0303 Mackenzie, CVC’s co-founder and chairman, has not always seen eye-to-eye with F1′s controversial ‘supremo’, and has even warned that Ecclestone risks expulsion over the Gerhard Gribkowsky bribery affair. Read the rest of this entry »

Jul 05

Ecclestone admits F1 buy-back possible

Bernie Ecclestone has admitted he might buy back formula one.

2012-11-15_0008 The Silverstone weekend kicked off amid rumours major shareholder CVC could be considering selling its stake. Read the rest of this entry »

Jul 03

F1 teams also battling to buy into sport

“Lawrence Stroll, of Tommy Hilfiger, who apparently has Ferrari on board

2014-06-08_0747Formula one teams may not just be competing for trophies and sponsors, according to a report by Germany’s Auto Motor und Sport.

Read the rest of this entry »

Jul 02

Witness gives Ecclestone good day in court

Bernie Ecclestone’s defence got a boost on Tuesday, as the corruption trial continued in Munich.

2012-11-15_0008 If found guilty of having bribed the jailed former F1 banker Gerhard Gribkowsky, the sport’s chief executive will certainly lose his job, and probably also be jailed. Read the rest of this entry »

May 26

F1 could be destroyed without a ‘dictator’ – Briatore

Formula one “needs a dictator”, according to the flamboyant former team boss Flavio Briatore.

Flavio Briatore - Bernie Ecclestone Embroiled in a corruption scandal that could end his reign, F1′s current ‘supremo’, Bernie Ecclestone, has hinted that his bosses at CVC could be about to replace him. Read the rest of this entry »

May 24

Ecclestone should have quit F1 already – Briatore

Flavio Briatore thinks Bernie Ecclestone’s days in charge of F1 are numbered.

Flavio Briatore - Bernie Ecclestone Embroiled in a bribery scandal and criminal trial, the sport’s ‘supremo’ on Friday stunned the paddock when he said that if F1 owner CVC finds a successor for him, “I will leave tomorrow”. Read the rest of this entry »

May 23

Ecclestone hints he could ‘leave F1 tomorrow’

Bernie Ecclestone has hinted he is close to stepping down as F1 supremo.

2011-06-09_0303 Most insiders believe that, with star witness Gerhard Gribkowsky often sounding contradictory or unbelievable, Ecclestone’s Munich corruption trial is going well for the 83-year-old. Read the rest of this entry »

May 19

F1 eyes Scudamore to replace Ecclestone

CVC has admitted it is interested in hiring him for F1

2012-11-15_0008 A source at F1 owners CVC have named Richard Scudamore as an ideal successor to the sport’s embattled chief executive Bernie Ecclestone. Read the rest of this entry »

Apr 24

F1 board admits Ecclestone reign ‘over’

Ecclestone era is “over”

2012-06-07_0340 The criminal trial is only just beginning, but F1′s board has already conceded that the Bernie Ecclestone reign is at an end. Read the rest of this entry »

Apr 18

Plea bargain could keep Ecclestone in charge

“I’m going into this trial to prove my innocence of what I’m being charged with”

2013-06-07_0008Bernie Ecclestone has denied rumours he will strike a plea deal with Munich prosecutors to stay out of jail and in charge of F1. Read the rest of this entry »

Apr 09

Teams in talks to buy into F1 – Ecclestone

A group of teams is indeed “having a conversation” about buying into F1

2014-03-30 - Scuderia Ferrari - Malaysia - Fernando Alonso - Kimi Raikkonen - Teams 01 Bernie Ecclestone on Wednesday revealed that a group of teams is considering buying into formula one. Read the rest of this entry »

Apr 03

Next revolution afoot as Montezemolo meets Ecclestone

On the table will be discussions about the controversial fuel flow meter

Luca di Montezemolo - Bernie Ecclestone Ferrari president Luca di Montezemolo flew from Maranello to London this week to meet with F1′s chief executive Bernie Ecclestone. Read the rest of this entry »

Mar 30

Bernie Ecclestone has been on a mission in Malaysia this weekend to turn up the volume in formula one

Ecclestone on a mission to make more noise

2012-11-15_0006 Apparently alarmed that the sport’s new, quieter tones will drive away promoters, sponsors and fans, the F1 chief executive has been hard at work trying to come up with a way to make the turbo V6s louder. Read the rest of this entry »

Mar 13

FIA still supports embattled Ecclestone – Todt

“At the moment, he (Ecclestone) is not guilty.”

Jean Todt - photo Getty Images Even amid the corruption scandal, FIA president Jean Todt continues to support embattled F1 chief executive Bernie Ecclestone. Read the rest of this entry »

Mar 04

Ecclestone admits bribe affair affecting F1 role

“We don’t have any changes planned at the moment” – CVC

Formula 1 Circuit in Sochi - Bernier Ecclestone 2 Bernie Ecclestone has hinted for the first time that he may need to voluntarily step back from running formula one. Read the rest of this entry »

Feb 26

Horner ‘fits the bill’ to replace Ecclestone – source

Christian Horner is being hotly tipped as the next ‘F1 supremo’

2013-06-09_0607 A source at Delta Topco, the CVC-controlled group that owns the sport’s commercial rights, has named 40-year-old Briton Horner as the top choice to succeed embattled chief executive Bernie Ecclestone. Read the rest of this entry »

Feb 24

Teams agree qualifying tweaks for 2014

F1′s eleven teams have agreed on a revised qualifying format for 2014.

2014-01-31 - Mercedes AMG Petronas Formula One Team - Lewis Hamilton 16Recently, we reported that at a meeting at the first Bahrain test, the sport’s major players would move to ensure qualifying is exciting in the new V6 era. Read the rest of this entry »

Feb 22

F1 news update: Nasr, Schumacher, Bahrain, Ecclestone

Brazilian Felipe Nasr, and his sponsor Banco do Brasil, have joined Williams.

150x80-flagworldf1 GP2 frontrunner Nasr, 22, is the British team’s new reserve driver, and Williams said he will take part in five Friday morning practice sessions this year. Read the rest of this entry »

Feb 21

Clouds still gathering over Ecclestone’s reign

“Constantin will be appealing those findings”

A German media company will appeal the verdict in Bernie Ecclestone’s London civil case amid the F1 bribery scandal. Read the rest of this entry »

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