Tag Archive: CVC

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 »

Feb 17

Bernie Ecclestone is no longer a serious candidate to buy the embattled Nurburgring

Ecclestone no longer in race for Nurburgring

2012-06-07_0273 The F1 chief executive revealed last month that he has made a bid for the fabled German grand prix venue, amid its financial problems. Read the rest of this entry »

Feb 04

US media companies eye major F1 stake

Bernie Ecclestone said he was not specifically aware of the Malone bid

2012-11-15_0006 US media companies Liberty and Discovery have moved to buy a major stake in formula one from CVC, according to reports. Read the rest of this entry »

Jan 22

New York judge dismisses Ecclestone case

New York supreme court has ruled that it has no jurisdiction to hear the case

2012-06-07_0277 Bernie Ecclestone’s legal woes have eased slightly, as it emerges a $650 lawsuit against him has been dismissed. Read the rest of this entry »

Dec 12

German bank to sue embattled Ecclestone for $400m

BayernLB will seek a staggering $400 million in damages

Formula 1 Circuit in Sochi - Bernier Ecclestone 2Another front has opened up amid Bernie Ecclestone’s legal woes, as it emerges the state Munich bank BayernLB plans to sue the embattled F1 chief executive. Read the rest of this entry »

Dec 05

Ferrari can veto Horner’s appointment to top F1 job

Ecclestone has played down his comments about Horner

2011-11-26 - Red Bull Racing - Brazil - Christian Horner - Bernie EcclestoneFerrari’s political power extends even to the identity of Bernie Ecclestone’s eventual successor. Read the rest of this entry »

Nov 27

Horner as Ecclestone’s successor a joke – Montezemolo

“Ecclestone says what suits him”

Luca di Montezemolo - Bernie EcclestoneLuca di Montezemolo has dismissed as a “joke” Bernie Ecclestone’s claim that Christian Horner is his ideal successor as F1 supremo. Read the rest of this entry »

Nov 22

Bernie Ecclestone has named Red Bull team boss Christian Horner as his ideal successor.

Ecclestone names Horner as ‘ideal’ successor

Horner-Ecclestone - photo © HOCH ZWEI - PICTURE ALLIANCE - DPPI Ecclestone, F1′s long-time ‘supremo’, is currently locked in legal battles amid a corruption scandal, with F1 owner CVC this week admitting a conviction could result in him being ousted. Read the rest of this entry »

Nov 21

F1 deal fraught with ‘constant crisis’ – CVC official

No one wants to buy formula one when there’s no Concorde Agreement signed

150x80-flagworldf1Donald Mackenzie, the highest profile figure at F1 owners CVC, has described his investment in the sport as one fraught with “constant crisis”. Read the rest of this entry »

Nov 19

Official says CVC prepared to ‘fire’ Ecclestone

That is the claim of CVC co-founder Donald Mackenzie

Bernie Ecclestone signs an F1 in Schools car for the World Champions, A1 Racing from AustraliaBernie Ecclestone will be fired by CVC if he is convicted amid the Gerhard Gribkowsky corruption scandal. Read the rest of this entry »

Nov 11

FIA to take $120m F1 ownership stake

The FIA is set to take a 1 per cent ownership stake in formula one.

Flagworld - F1Writing in the Guardian, leading F1 business journalist Christian Sylt said the move will be part of the sport’s forthcoming stock market floatation. Read the rest of this entry »

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