Tag Archive: Donald MacKenzie

Nov 23

Ecclestone ready to ‘tear up’ income contracts

“Personally, I would tear up all of the contracts and discuss the redistribution of money.  No problem,”

2012-06-07_0277 Bernie Ecclestone on Saturday said he is prepared to “tear up” contracts and start again, as the sport’s civil war appeared to ease slightly in Abu Dhabi. Read the rest of this entry »

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Nov 22

Angry teams happier after Mackenzie meeting

F1’s three angry teams seemed slightly less angry on Saturday after a meeting with Donald Mackenzie.

2014-03-30 - Sahara Force India F1 Team - Malaysia -Sergio Perez - Teams The usually paddock-shy CVC chief made the trip to Abu Dhabi to meet with Bernie Ecclestone and Lotus, Sauber and Force India, with the three teams crying foul over how the power and income is distributed within formula one. Read the rest of this entry »

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Nov 12

Money the big topic before 2014 season finale

Even with F1 speeding towards its intriguing double-points title finale, money remains the big off-track topic of the moment

150x80-flagworldf1Although no longer trading and having laid off its workforce, Manor – formerly Marussia – is said to be in talks with investors about returning in Abu Dhabi. Read the rest of this entry »
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Nov 09

Future still clouded for three small teams

But a meeting at Interlagos late on Saturday broke with no solution in place.

2014-03-16 - Caterham F1 Team - Australia - Marcus Ericsson 03 teams A week after the boycott threats of Austin, struggling teams Lotus, Force India and Sauber travelled to Brazil apparently close to a ‘fighting fund’ bailout that would secure their future. Read the rest of this entry »

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Nov 06

Caterham preparing for Abu Dhabi return

Caterham is preparing to return to formula one for F1’s 2014 finale in Abu Dhabi next month.

2014-06-08_0925 As it was put into administration following founder Tony Fernandes’ ill-fated sale to Colin Kolles-managed investors, the team as well as backmarker Marussia sat out Austin and will again be absent in rainy Brazil this weekend. Read the rest of this entry »

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Aug 05

Ecclestone corruption ‘acquittal’ set for Tuesday

Bernie Ecclestone is expected to put the corruption scandal behind him on Tuesday and return full-time to formula one.

Formula 1 Circuit in Sochi - Bernier Ecclestone 2 The sport’s chief executive has been caught up in a German court trial in the opening half of most weeks recently as he fends off accusations he bribed Gerhard Gribkowsky. Read the rest of this entry »

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Aug 04

F1 to ‘welcome’ Ecclestone court settlement – Lauda

“If Bernie stops, it would have been a disaster for formula one”

2014-06-07_0324 Niki Lauda says F1 should “welcome” the news that Bernie Ecclestone looks to have settled the high-profile corruption case that threatened his role at the top of the sport. Read the rest of this entry »

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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 »

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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 »

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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 »

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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 »

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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 »

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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 »
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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 »

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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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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 »

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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 »

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May 31

Todt backs Ecclestone amid corruption charge

“He has every right to his job and he does it very well.”

2012-04-22 - Bahrain Grand Prix - Bernie Ecclestone - Jean TodtFIA president Jean Todt has backed Bernie Ecclestone, as German prosecutors prepare to charge the F1 chief executive for corruption. Read the rest of this entry »

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May 29

Big spenders pushing out smaller teams – Mallya

Fernley said CVC has done an “awful” job

2013-02-23 - Sahara Force India F1 Team - Barcelona - Adrian Sutil 13Force India team owner Vijay Mallya has backed his deputy in claiming F1’s biggest teams are pushing their small rivals out of the sport. Read the rest of this entry »

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May 26

F1 to delay Singapore floatation

Plans to imminently float formula one on the Singapore stock exchange may have stalled.

CVC Capital Partners2011-06-09_0306Bernie Ecclestone, F1’s new chairman Peter Brabeck, and CVC representative Donald Mackenzie, admitted in Monaco on Friday that the high-profile, multi billion dollar listing might be delayed. Read the rest of this entry »

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