Bernie Ecclestone has now appointed a Daimler executive
Owner CVC looks set to proceed with the floatation of formula one later this year, according to F1 business journalist Christian Sylt.
Late last year, Sylt said CVC had decided to continue to delay the planned Singapore floatation until at least 2014. But in a new report for the Telegraph, he quotes a ‘senior source’ as saying CVC is now eyeing October, when it hopes the European financial crisis and the Gribkowsky corruption affair in Germany will be resolved.
Mercedes has offered Paddy Lowe a million euros per year to switch from McLaren, the major German newspaper Bild claims.
None other than Mercedes team boss Ross Brawn on Thursday confirmed that talks with McLaren’s technical director have taken place, although Brawn strongly denied that he is being lined up to oust him.
Bernie Ecclestone has slammed as a “complete joke” Ferrari’s efforts to question the outcome of the 2012 world championship.
The controversy erupted when video footage emerged – and was circulated widely by “Fernando Alonso’s management” according to Sport Bild – of Sebastian Vettel purportedly overtaking illegally under yellow flag conditions at Interlagos. Ferrari confirmed that it asked the governing body for “clarification”, and spokesman Luca Colajanni insists the Maranello team has “until tomorrow (Friday) to file an appeal”.
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