Bernie Ecclestone

  • Formula One has no argument with Russia, says Ecclestone 3 hours 25 minutes ago

    Belgium: Formula One has no argument with Russia and the country's debut grand prix will go ahead as planned in October despite the crisis in Ukraine, Bernie Ecclestone said on Friday. "We have a contract. Our friends there, they are happy with the contract so we'll be there," the sport's 83-year-old...
  • F1 boss Ecclestone dashes hopes of Indian Grand Prix's return in 2015 Yesterday

    New Delhi: Formula One boss Bernie Ecclestone on Thursday asserted that the troubled Indian Grand Prix has run out of time for a 2015 return and its organisers must settle the contractual obligations for a possible comeback in 2016. Ecclestone was hoping the race organisers, Jaypee Group, will sort out the...
  • German court ends Bernie Ecclestone bribery trial August 6, 2014

    Bernie Ecclestone is free to concentrate on running Formula One after a German court dropped a bribery case against him on Tuesday in exchange for a $100 million payment. After hearing more than three months of evidence, the Munich state court cited significant doubts that Ecclestone could be convicted on charges...
  • Formula one boss Ecclestone offers settlement to end trial: court August 5, 2014

    Formula One boss Bernie Ecclestone has offered to make a $100 million (75 million euro) payment to end a trial on bribery charges, a district court in Munich said on Tuesday. The state prosecutors told the court they would agree to accept his offer. Ecclestone, 83, went on trial in Munich...
  • Melbourne secures Australian Grand Prix until 2020 August 3, 2014

    Melbourne: Melbourne has secured the Australian Formula One Grand Prix until 2020 after striking a new deal that will reduce the taxpayer subsidy of around $50 million a year, the head of the Victoria state government said on Sunday. The race, which has been run in the city's Albert Park since...
  • Settlement of German Ecclestone bribery case possible: court August 2, 2014

    A bribery trial against Formula One boss Bernie Ecclestone that has been threatening his hold over the motor sport may end early with a settlement, a Munich court spokeswoman said on Friday, after Ecclestone's lawyers held talks with prosecutors. Munich newspaper Sueddeutsche Zeitung will report in its Saturday edition that the...
  • Mexico is back on the Formula One calendar in 2015 July 24, 2014

    Mexico is to return to the Formula One calendar in 2015 after a 23-year absence, Alejandro Soberon, president of live events company CIE, confirmed on Wednesday. "Start your engines, F1 will return to Mexico next year," Soberon was quoted as saying on the BBC's website. CIE announced to the Mexican stock...
  • Bernie Ecclestone says he could bid to buy back Formula One July 5, 2014

    Silverstone: Formula One supremo Bernie Ecclestone has raised the possibility of making a multi-billion dollar bid to buy back the sport's commercial rights from owners CVC Capital Partners. "It is possible, although one or two other companies are interested and I would not enter an auction," the 83-year-old, who is on...
  • Monza could be dropped from F1: Bernie Ecclestone July 2, 2014

    Formula One may say goodbye to one of its most historic tracks at Monza, according to boss Bernie Ecclestone. Monza's current deal was agreed to in 2010 and Ecclestone said he believes it is unlikely to be renewed when it runs out at the end of 2016. "Its future isn't good," Ecclestone...
  • German banker testifies that F1 boss Ecclestone bribed him May 13, 2014

    Munich: A German banker has told a Munich court that he accepted a multi-million dollar bribe from Formula One boss Bernie Ecclestone to facilitate a business deal. Gerhard Gribkowsky, the prosecution's star witness in Ecclestone's corruption trial, testified Tuesday that Ecclestone initially approached him suggesting the deal be made in Singapore. Gribkowsky...
  • Sort out money matters, get Indian GP back in 2015: Bernie Ecclestone April 30, 2014

    New Delhi: Formula One boss Bernie Ecclestone on Wednesday promised the return of Indian Grand Prix in 2015 provided the race promoters, Jaypee Group, fulfill the financial requirements of the existing five-year contract. Ecclestone told PTI from his London office that he is expecting a meeting with the Jaypee officials soon...
  • F1 boss Bernie Ecclestone's trial begins, rejects bribery charges April 24, 2014

    Munich: Formula One boss Bernie Ecclestone rejected accusations of bribery as he went on trial Thursday in a case that could threaten his grip on the sport, telling a Munich court that he was blackmailed by a German banker who received a disputed $44 million payment. Ecclestone said in a personal...
  • Formula One boss Ecclestone goes on trial in Germany April 24, 2014

    Formula One chief executive Bernie Ecclestone goes on trial for bribery in Germany on Thursday in a case that could see the Briton's long dominance of the motor sport ended by a jail sentence. Prosecutors in Munich have charged Ecclestone, 83, with bribing jailed German banker Gerhard Gribkowsky to smooth the...
  • Formula One boss Ecclestone faces German bribery trial April 20, 2014

    Formula One chief executive Bernie Ecclestone goes on trial for bribery in Germany this week in a case that threatens to end the Briton's long reign as the commercial boss of the motor sport. Prosecutors in Munich have charged Ecclestone, 83, with bribing jailed former German banker Gerhard Gribkowsky to smooth...
  • Sounds like F1 is on right track: Mosley April 15, 2014

    London: Formula One is on the right track with its new V6 turbo engines and the governing body can ignore criticism from those in the sport pushing their own agendas, according to former FIA president Max Mosley. The International Automobile Federation is conducting a study into the noise of the new...
  • US team among 2 new entrants set for F1 in 2015 April 7, 2014

    Sakhir: Formula One chief Bernie Ecclestone says a US - backed team led by NASCAR's Gene Haas are among two new teams likely to join the series next season. Speaking at Sunday's Bahrain Grand Prix, Ecclestone said he held talks with the sport's governing body and there was agreement about expansion...
  • Mercedes can lead F1 changes too, says Bernie Ecclestone April 6, 2014

    Formula One needs to make rule changes to placate angry fans but leaders Mercedes must not be punished for doing a better job than their rivals, commercial supremo Bernie Ecclestone said on Sunday. "Mercedes, without any doubt, have done a better job and they shouldn't be punished for doing a good...
  • Ecclestone says F1 has agreed to two new teams April 6, 2014

    Manama: Formula One has agreed to accept two new teams, including a U.S. entry proposed by NASCAR team owner Gene Haas, commercial supremo Bernie Ecclestone said on Sunday. "They will be accepted," the Briton told reporters at the Bahrain Grand Prix when asked about Haas's application. "We've also accepted another team...
  • Ferrari lead push for F1 rule changes April 4, 2014

    Sakhir: Ferrari are ramping up the pressure on Formula One authorities to change the sport's rules, saying a company survey shows most fans are unhappy with the new direction of the sport. Ferrari released the findings on Thursday, ahead of this weekend's Bahrain Grand Prix, where their cars are expected to...
  • Is Geri Halliwell dating Formula One team owner Christian Horner? April 1, 2014

    London: Former Spice Girl member Geri Halliwell is reportedly dating Formula One team boss Christian Horner. The 41-year-old singer was pictured with Horner, 40, at racing events on various occasions, reported Daily Mirror. They first met when Geri attended the Monaco Grand Prix with British business magnate Bernie Ecclestone...
  • Teams may pay price for quieter F1, says Ecclestone March 18, 2014

    A commotion about Formula One's new quieter cars could hit the sport's revenues and lead to teams getting less money if promoters take legal action, commercial supremo Bernie Ecclestone said on Monday. Australian Grand Prix Corporation chairman Ron Walker said after Sunday's season-opener that he was not happy with the reduced...
  • Australian GP boss raps Ecclestone about quiet cars March 17, 2014

    Australian Grand Prix organisers have complained to Formula One commercial supremo Bernie Ecclestone about the quieter V6-powered cars and say their reduced volume may have breached race contracts with Formula One management. Australian Grand Prix Corporation (AGPC) Chairman Ron Walker had already expressed his misgivings to Ecclestone, the organiser's CEO Andrew...
  • Indian GP promoters have not complied with contract: Ecclestone March 11, 2014

    New Delhi: In a sensational twist to the Indian Grand Prix controversy, Formula 1 boss Bernie Ecclestone has said its promoters Jaypee Group of not fully fulfilling its contractual obligations to see through the five-year deal. Jaypee, in a polite yet firm retort, refused to discuss the contractual terms in public...
  • Bernie Ecclestone hopes every race will be like a wet race March 11, 2014

    London: Bernie Ecclestone is looking forward to an unpredictable 2014 season when new engines threaten to overturn the established order, the Formula One boss said on Monday. Ecclestone, 83, said he would be able to keep on top of running the sport despite going on trial for bribery in Germany next...
  • Bribery case hangs over Formula One boss Ecclestone March 7, 2014

    London: A German bribery trial that opens next month in Munich will decide the fate of Bernie Ecclestone, the 83-year-old Briton who has turned Formula One into a huge global business over the last three decades. The looming trial and the damning conclusions of a British judge in a damages case...
  • Bernie Ecclestone rules out Indian GP return in 2015 March 6, 2014

    India's return to Formula One will have to wait until at least 2016, by which time a new race in Azerbaijan could also be on the calendar, commercial supremo Bernie Ecclestone said on Wednesday. Speaking to Reuters, the 83-year-old Briton dampened Indian hopes of the Buddh International Circuit near New Delhi...
  • Ecclestone wins F1 case, but deal ruled corrupt February 21, 2014

    London: Formula 1 boss Bernie Ecclestone won a multimillion-dollar case at London's High Court relating to the sale of F1 in 2005 on Thursday but the judge nevertheless said it was a corrupt deal. A former F1 shareholder, German media company Constantin Medien, had sued Ecclestone and other defendants for up...
  • Ecclestone backs Mercedes for 2014 title, Force India a 'dark horse' February 5, 2014

    New Delhi: Formula One boss Bernie Ecclestone is one of the many who want to see a new champion in the upcoming season, ending the four-year domination of Sebastian Vettel over the sport. The new regulations make the season unpredictable and the F1 czar sees the Mercedes-Nico Rosberg combination best...
  • New F1 engines a blast from the past for Rosberg January 29, 2014

    The sound of Formula One's new power units was a blast from the past for Nico Rosberg, son of 1982 champion Keke, but others were less sure after the 2014 cars made a quiet test debut on Tuesday. "It reminds me a bit of when I used to look at the...
  • US ruling brings some relief for Bernie Ecclestone January 22, 2014

    London: A New York court has dismissed a $650 million damages claim brought against Bernie Ecclestone, offering some relief from the legal problems dogging the Formula One boss who faces a bribery trial this year. Investment firm Bluewaters brought the case against Ecclestone and defendants including private equity group CVC, the...