Owners refute rumors of firing Ecclestone and selling F1
Rumors have been circulating that CVC, the commercial rights holders to Formula One, have considered selling the series. But before that could happen, they would have to give Bernie Ecclestone the boot.
The reports were fueled by comments made by Max Mosley, the embattled president of the FIA, who related to reporters that conversations about the subject had taken place with executives at CVC. According to Mosley's conclusion, CVC would consider selling Formula One if a huge offer were made – possibly by an Arab consortium – but Ecclestone would need to be replaced because "the whole business depends on a man who is 78 years old". However, CVC issued a strong statement at this past weekend's race in Hungary that it had no immediate plans to sell F1 and was pleased with its performance as well as that of Bernie Ecclestone.
[Source: Autosport, Photo by Odd Andersen/AFP/Getty]
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Reader Comments (Page 1 of 2)
cyb 8:56AM (8/07/2008)
And Mosley is what? 15?
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Jimbo 9:20AM (8/07/2008)
I love how Ecclestone can be so uber-rich and still look like a homeless man in a suit. Of course, that's still better than the dead muskrat that Trump wears on his head.
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Polly Prissy Pants 9:29AM (8/07/2008)
Nice haircut.
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Pacman 9:32AM (8/07/2008)
That is one ugly man.
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J M C 3 9:48AM (8/07/2008)
He's not helping himself professionally with that sloppy Andy Warhol look.
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Dasupersprint 9:50AM (8/07/2008)
Of course it would go where the money is - the Arab Emirates...
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john riley 9:52AM (8/07/2008)
Bernie Ecclestone is clearly some sort of Garrison Keillor alter ego, so he will still have the radio show to fall back on.
http://globalartistvillage.org/gavblog/images-blog/garrison_keillor.jpg
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TigerMil 9:58AM (8/07/2008)
Mosely's as much a jackass as Ecclestone.
CVC would JUMP at the chance to sell F1 at the right price regardless of Ecclestone. Once F1 is sold it's the FNG's problem, Ecclestone included.
I doubt that CVC would risk getting rid of Ecclestone and then sell F1...as they say, the whole thing is built around a 78 y/o guy.
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rndmnme 10:02AM (8/07/2008)
I think I speak foreveryone with regard to Bernie not being fired when I say...
DAMN!
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John P. 10:42AM (8/07/2008)
yeah, I had high hopes too. Double Damn!
2007RC46SP2 10:52AM (8/07/2008)
"possibly by an Arab consortium"
well who else would have that kind of cash.
they have to spend OUR money on something.
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tom 10:55AM (8/07/2008)
Yes. Our money. Because we owned that oil and just left it there on accident. They should have given it to us for free.
Zane 11:32AM (8/07/2008)
Yet another statement that's been played out far too long. If you're that concerned about giving away our money to some dudes in the middle east, why don't you switch to something else? A horse or a bullock cart, for example?
fredbblakemore 10:53AM (8/07/2008)
What Mosely meant to say is, "Ecclestone the Jew would not allow F1 to be sold to the Arabs."
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MikeInNC 1:10PM (8/07/2008)
Or..say...use our own natural resources.
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Nellydesign 1:29PM (8/07/2008)
Since when did Andy Warhol take over the reins of F1?
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gino 1:50PM (8/07/2008)
And the beat goes on...and on...and...
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gino 1:56PM (8/07/2008)
And the beat goes on...and on...and...
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gino 1:57PM (8/07/2008)
Enough already!
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Jimbo 2:46PM (8/07/2008)
Ecclestone to Mosley: "I bite my thumb at thee!"
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