BERNIE ECCLESTONE RUMORS

The Future of Formula 1

Over the past two weeks, Formula 1 has seen a great deal of change in its hierarchy.  Recently, Bernie Ecclestone had been removed from his position as the chief executive officer and was replaced by Chase Carey. Carey is also the President of the DIRECTV Group as well it’s chief executive officer. This shift in power will ultimately result in inevitable change for the sport,...
Via isportsweb.com
4 days ago  |  Discuss

Bernie Ecclestone puts stop to rumors of 'breakaway' series

Bernie Ecclestone has denied rumors to the effect that he intends to start a series to rival F1 after he was ousted from the CEO role at the start of this week. In a statement to media outlets, he insisted that he would not take any action that would damage the business that he has built up over the decades. “I wish to clear up the rumors that I am starting a series to compete...
Via FOX Sports
9 days ago

With its takeover of F1 secure, Liberty now faces key issues

PARIS (AP) When one of your biggest stars says your series sends him to sleep there are serious issues to be addressed, and this is the situation facing Formula One's new owner. With the autocratic Bernie Ecclestone moving aside after nearly 40 years, the task falls to U.S. sports and entertainment firm Liberty Media to win back dissatisfied fans and make the series much more fairly...
Via Associated Press
12 days ago  |  Discuss

AP PHOTOS: Bernie Ecclestone through the years

LONDON (AP) Bernie Ecclestone transformed Formula One into a multi-billion dollar business, and turned himself into quite a man about town. Through four decades as the boss of F1, the British businessman mixed with world leaders, world champions and even a couple of wives. Ecclestone's reign ended Monday when Liberty Media completed its takeover of the series, making the former...
Via Associated Press
12 days ago  |  Discuss

Liberty completes F1 takeover; Ecclestone replaced by Carey

LONDON (AP) Liberty Media has officially completed its takeover of Formula One, and Bernie Ecclestone has been replaced as the chief executive. The takeover comes five days after motor sport's governing body approved of F1 being sold to Liberty Media, a U.S. company that invests in entertainment and sports. Liberty said in a statement on Monday that the transaction price represents...
Via Associated Press
13 days ago  |  Discuss

Liberty Media has named Chase Carey as CEO of Formula One to replace Bernie Ecclestone

LONDON (AP) Liberty Media has named Chase Carey as CEO of Formula One to replace Bernie Ecclestone.
Via Associated Press
13 days ago  |  Discuss

Bernie Ecclestone ousted from role as CEO of Formula 1

An era has ended with the news that Bernie Ecclestone has been disposed as CEO of the F1 Group by new owners Liberty Media. He has been replaced by former FOX executive Chase Carey.The changes occurred at a crunch meeting in London on Monday, and are expected to be formally confirmed on Tuesday. He has been offered the title of Honorary President but will have no formal role.It...
Via FOX Sports
13 days ago

Formula One CEO's mother-in-law rescued by police

After a trying week, Formula One CEO Bernie Ecclestone will now be able to relax and enjoy his summer break with his family. Ecclestone’s mother-in-law, Aparecida Schunck, was rescued by Sao Paulo police, and her kidnappers have been taken into custody, according to BBC News. Kidnappers abducted Schunck from her home in Sao Paulo, Brazil, on July 22 and demanded a ransom of...
Via NESN.com
August 01, 2016  |  Discuss

Formula One CEO's mother-in-law kidnapped in Brazil

Formula One CEO Bernie Ecclestone will have a lot more to worry about besides racing during the buildup the German Grand Prix. According to a report by British news outlet veja.com, the F1 executive’s 67-year-old mother-in-law was kidnapped Friday in Sao Paulo, Brazil, via BBC News. The kidnappers are reportedly demanding a ransom of roughly $36.6 million, paid in pounds sterling...
Via NESN.com
July 26, 2016  |  Discuss

Ecclestone blames teams for turning F1 into a 'crap product'

Bernie Ecclestone says he is struggling to sell a "crap product" to the public in the new era of Formula One. The F1 supremo has said consistently that the 'power unit' regulations are a major reason for the decline in popularity of the sport he has ruled for decades. "I was talking to some engineers the other day and I told them that I was always pretty good at selling used cars...
Via FOX Sports
June 20, 2015  |  Discuss
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