BERNIE ECCLESTONE

  • Bernie Ecclestone back on F1 board, to stay as CEO 3 days ago

    London: Bernie Ecclestone's control of Formula One was fully restored on Thursday after overcoming court cases that threatened his grip on the motorsport series. The 84-year-old Ecclestone stepped down as a board member of F1's holding company this year while standing trial for bribery in Germany. The case was closed in...
  • F1 had to schedule Korean GP, says Bernie Ecclestone December 12, 2014

    South Korea does not want a Formula One race next year but it was included on the calendar anyway for legal reasons, according to the sport's commercial supremo Bernie Ecclestone. "They (local organisers) would rather it not happen," he told reporters. "We have a contract with Korea... we have to put it...
  • F1 supremo Bernie Ecclestone rules out being reined in December 12, 2014

    Formula One supremo Bernie Ecclestone has dismissed talk of a new chairman trying to 'rein him in' and says he plans to continue running the company as if he owned it. Speaking to reporters on Thursday, the 84-year-old billionaire made clear it was business as usual. Ecclestone said he was back on...
  • Bernie Ecclestone disappointed by Sebastian Vettel's attitude December 8, 2014

    Formula One supremo Bernie Ecclestone has criticised four times world champion Sebastian Vettel for the way he reacted to failure this year. The German, who has now left Red Bull for Ferrari, ended the season without a win after dominating the previous four championships. Red Bull started the season on the back...
  • Bernie Ecclestone denies rejecting F1's teen audience November 23, 2014

    Formula One's commercial supremo Bernie Ecclestone has denied saying he was not interested in the youth audience because they did not buy expensive watches or bank with the sport's sponsors. "I never said younger generation, I said children. The question to me was children," the 84-year-old told Reuters at the season-ending...
  • Indian Grand Prix set to return in 2016, says Bernie Ecclestone November 20, 2014

    The Indian Grand Prix is expected to return in 2016 as a "fruitful" meeting between Formula One boss Bernie Ecclestone and race promoters has prepared the ground for the comeback of the high-profile event. The meeting was held on the sidelines of the inaugural Russian Grand Prix in Sochi, last month. The...
  • Formula One: Small teams seek Abu Dhabi talks with Ecclestone November 18, 2014

    Formula One's smaller teams have written to Bernie Ecclestone to press demands for a bigger share of the sport's considerable revenues. Force India deputy principal Bob Fernley told Reuters a letter had been sent on Monday to commercial supremo Ecclestone seeking a meeting at this weekend's season-ending race in Abu...
  • F1 not interested in young fans, says Bernie Ecclestone November 14, 2014

    Formula One would rather cater for rich over-70s than chase a younger generation that cannot afford luxury watches and is more interested in social media, according to commercial supremo Bernie Ecclestone. In a wide-ranging interview with Campaign Asia-Pacific magazine (campaignasia.com), the 84-year-old Briton said teenagers were uninterested in the sort of...
  • Formula One money and engine talks stall November 9, 2014

    Formula One supremo Bernie Ecclestone will meet commercial rights holders CVC in London next week after talks with teams in Brazil on Saturday produced no agreement on giving smaller outfits more money to help them survive. A separate meeting with manufacturers on the possibility of relaxing an engine 'freeze' for next...
  • Bernie Ecclestone wins a round of legal battle over alleged bribe November 7, 2014

    A New York appeals court has upheld the dismissal of a $650 million lawsuit against Formula One boss Bernie Ecclestone, saying he cannot be sued in the state's courts over the sale of a major stake in the motor racing business. In a 2012 suit, investment firm Bluewaters Communications accused the...
  • Money talks louder than ever in Formula One November 3, 2014

    Money has always talked in Formula One but now, with Caterham and Marussia in administration and only nine teams in Sunday's US Grand Prix, the talk is increasingly about money itself. The cost of competing in Formula One has become the hot topic and, with no sign of agreement on how...
  • Ecclestone sure all teams will race in US Grand Prix November 2, 2014

    Austin: Formula One supremo Bernie Ecclestone dismissed the threat of a US Grand Prix boycott on Saturday after cash-strapped smaller teams suggested they could take drastic action to push their demands for more money. "Forget all that crap. I promise you they will be racing (tomorrow)," the 84-year-old told reporters after...
  • Bernie Ecclestone warns of 14 cars on cash-strapped F1 grid November 1, 2014

    Formula One's commercial ringmaster Bernie Ecclestone warned that the sport's financial crisis could reduce the grid to 14 cars in 2015. After the withdrawal of both the Caterham and Marussia teams for this weekend's United States Grand Prix, the grid for tomorrow's 56-lap race at the Circuit of the Americas has...
  • Caterham and Marussia to miss next races: Ecclestone October 25, 2014

    The struggling Caterham and Marussia Formula One teams will both miss next week's US Grand Prix in Austin, Texas, the sport's commercial supremo Bernie Ecclestone told Reuters on Saturday. "Neither of those two teams are going to go to America," said the 83-year-old. Caterham went into administration on Friday while Russian-registered Marussia...
  • Caterham F1 team set to miss next two races October 25, 2014

    Caterham have been told they can miss the next two Formula One grands prix while seeking a buyer after the team went into administration on Friday. Formula One's commercial supremo Bernie Ecclestone told Reuters "it would be OK" for the team to sit out next week's US race, and Brazil the...
  • Crash and crisis overshadow Russia F1 debut October 9, 2014

    Sochi: Russia makes its long-awaited Formula One debut in Winter Olympic city Sochi this weekend with the sport in no mood to party even without the political clouds that hang heavy over the race. Dominant Mercedes could clinch the constructors' title for the first time, while Britain's Lewis Hamilton is aiming...
  • Formula One revises radio ban after team talks September 19, 2014

    Singapore: Formula One's governing body postponed the bulk of a ban on radio and pit board messages until next season after deciding on Friday that this weekend's Singapore Grand Prix was too early for teams to adapt to the new restrictions. Teams were told last week that any talk over the...
  • Bernie Ecclestone backs radio clampdown, suggests more needed September 18, 2014

    Formula One supremo Bernie Ecclestone has backed a clampdown on the use of team radio to help drivers, claiming it was his idea and suggesting more restrictions should be considered. "I was the one who started it off, yes," Ecclestone told reporters on Thursday at a sponsorship event on the sidelines...
  • I don't see myself retiring ever, says F1 boss Bernie Ecclestone August 25, 2014

    Formula 1 supremo Bernie Ecclestone, free from his bribery trial in Germany, says he has no plans to quit after running the show for almost four decades and his current focus is on tackling the popularity issue facing the sport even though "it is nothing big and just a phase". Ecclestone...
  • Formula One has no argument with Russia, says Ecclestone August 22, 2014

    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 83yearold...
  • F1 boss Ecclestone dashes hopes of Indian Grand Prix's return in 2015 August 21, 2014

    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 23year 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 multibillion 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 83yearold, 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 multimillion 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 fiveyear contract. Ecclestone told PTI from his London office that he is expecting a meeting with the Jaypee officials soon...