F1 Ecclestone resigns as president

[Rob]

Bernie Ecclestone never does anything by accident. Announced along with the CVC, the company that owns the rights to the mother-of F1, who resigned as president of the company that manages the F1, but where will retain all operational duties . So formally no longer be the boss, but will continue to act as such.

Be careful though, because its decisions are subject to "more control" by the Chairman of the Board of Directors , Brabeck and co-founder Donald MacKenzie , who will have a say even in the signing of contracts and "other trade agreements" .

It is no coincidence the timing, because in these days the prosecutor of Monaco of Bavaria announced the ' launch legal action against him, and then the gesture serves to deprive the company that organizes the F1 from any consequences related to a possible sentence of Ecclestone . According to German sources, the prosecution would call well 39 witnesses , who include famous names such as former chairman of Daimler, Jürgen Hubbert , and former Finance Minister dela Bavaria, Faltlhauser . According to the same sources, the process will begin in late April. They would then failed attempts by lawyers to find a mediation court .

The charge is always to corruption by the $ 44 million that the head of Fom would have paid to license the banker Gribkowsky bribe , to facilitate the handover of holding F1 .

Go to the second floor so the news that just Bernie , two days ago, announced that it had made ​​a bid to take over the circuit of the Nürburgring . But really there is no correlation between the facts?

Think about it: Bernie does not buy anything if there is to be gained . And acquire the property of a circuit, too burdened by debt , today it is almost never a good deal. And if it was, then, an attempt to curry favor with the German public

http://autosprint.corrieredellosport.it/2014/01/16/ecclestone-si-dimette-da-presidente-f1/12629/

[Hornet]

Not sure how I feel about this.


Be careful though, because its decisions are subject to "more control" by the Chairman of the Board of Directors , Brabeck and co-founder Donald MacKenzie , who will have a say even in the signing of contracts and "other trade agreements

It's just me, I do not trust board of directors to always know what's best, in many things (not just F1). I think the teams need to have a bigger say to keep things in check. Afterall, without the teams F1 is nothing.

[Ferrari & Honda]

Who should replace Eccelstone? I say Ross Brawn or Peter Sauber. Patrick Head at Williams is also a good choice with lots of F1 experience.

How about Flavio Briatore? lol Just kidding.

[mirafiori]

Who should replace Eccelstone? I say Ross Brawn or Peter Sauber. Patrick Head at Williams is also a good choice with lots of F1 experience.

How about Flavio Briatore? lol Just kidding.

The only way forward is for the teams to buy in to Formula one and run it.

[shamim179]

The board must have made a list of options as to who to replace Bernie in the eventuality that Bernie has to step down. Wonder who it's going to be? I don't like the timing of this with 2014 season starting soon. It's been forced on F1 it hasn't happened naturally. Whoever takes on his job will have his hands full. Not an easy job.

[Tobes]

The only way forward is for the teams to buy in to Formula one and run it.

That would be a disaster, the teams can't agree on a simple way to cut costs, how could they run the sport as a whole..?

They need someone impartial and trustworthy who understands how F1 works, both technically and commercially, and will act solely in the best interests of the sport and not bleed it dry, someone like Dave Richards would be good... :thumb

[mm154]

Who should replace Eccelstone? I say Ross Brawn or Peter Sauber. Patrick Head at Williams is also a good choice with lots of F1 experience.

How about Flavio Briatore? lol Just kidding.

Actually I think Peter Sauber would be an excellent choice, even though he as not been as successful in F1 as say Williams, he has shown you can work your way up through motorsport's ranks as a privateer and survive. Sauber has been pretty influential to F1 in the grand scheme from bringing Mercedes back to motorsport to causing Red Bull to buy their own team. But with that said I don't really see it happening.

[Rob]

I think Eddie Jordan :-G

[ntukza]

The original post is a bit difficult to follow. Has Bernie resigned as head of F1? Will he no longer be involved in its running? Can someone please shed some light on the situation as it is?

[Hornet]

The original post is a bit difficult to follow. Has Bernie resigned as head of F1? Will he no longer be involved in its running? Can someone please shed some light on the situation as it is?
It's probably not so clear what influence Bernie will continue to have. Autosport have an article that suggest nothing may have change, but the full article is only available to premium subscribers (which I'm not)


Another fine illusion from Bernie?

Bernie Ecclestone may have stepped down from his role on the F1 board following the announcement that he will stand trial amid allegations of bribery. But nothing has changed for the sport, argues DIETER RENCKEN

Bernie Ecclestone is recognised as being a master illusionist. Indeed, it has long been recognised in the Formula 1 paddock that the 83-year-old regularly makes contentious comments to deflect attention from the (very) real issues at hand.

When, for example, Cape Town was mooted as a possible grand prix host, it soon became clear that South Africa's Mother City was being used as a pawn in contractual negotiations with Melbourne politicians, who hummed over contract extensions.

http://plus.autosport.com/premium/feature/5821/another-fine-illusion-from-bernie/

[wisepie]

I think Eddie Jordan :-G

Ha ha Rob, you're having a laugh. Someone has to take the reins after Bernie, and this would be a good opportunity to discuss it seriously and the teams to take some proper responsibilty for keeping the show on the road. It strikes me that they can't agree on anything so a strong person with an understanding of the promotion/finance/team-ownership aspects is needed, not some director from a venture capital organisation whose only object is to make money. Maybe Eddie isn't such a silly idea!

[Alessandra]

The only way forward is for the teams to buy in to Formula one and run it.

Whilst I tend to agree with you on that it's not so easy, is it? There have been examples down the years of the 'teams' trying to come to shared conclusions over various issues that have resulted in division and lack of concensus. Indeeed, that lack of pulling together, because there are so many vested interests within the individual teams and the teams as whole, remains an issue.

But I think it should be investigated. It would be nice, if optimistic, that F1 could be something more than "Too much of a business to be a sport. Too much of a sport to be a busines" (F. Alonso)

[Ed Harley]

May I propose two esteemed gentlemen either very well capable of running the sport:

5644

or

5645

[ntukza]

Thank you Hornet.