Everything is bigger in Texas. So it's appropriate that the hubbub surrounding the imminent return of the United States Grand Prix to the Lonestar State should come down to a big last-minute deal.
After a five-year absence, the United States is set to gain two Formula One races within the next two years: one in Austin, Texas, and another in New Jersey. But recent comments vocalized by F1's ever-outspoken commercial chief Bernie Ecclestone have cast doubt on th
Formula One racing certainly holds an electrifying level of excitement for the legions of fans around the world, but don't go counting on that translating to electric propulsion just yet.
Formula One boss Bernie Ecclestone may find himself in legal trouble in Germany over allegations that he bribed a bank official $50 million. According to Yahoo Sports' European arm, prosecutors are currently gathering evidence against the F1 honcho.
Consider it official: There will be no Formula One race in Bahrain for the 2011 season. This news comes despite a meeting where the FIA's World Motor Sport Council voted to bring Bahrain back into the F1 calendar on October 30.
It takes two to tango, and apparently Bernie Ecclestone is in no rush to lace up his dancing shoes. The F1 chief reportedly insists that, despite rumors of Rupert Murdoch and Carlos Slim joining forces to buy it out, the international motor racing series is not, in fact, for sale.
Formula One and Turkey are apparently on the splits, as Turkish newspaper Haberturk claims that the Turkish Grand Prix won't take place in 2012. Istanbul chamber of commerce chief Murat Yalcintas reportedly told the publication "It looks like the Formula One race won't be held in Istanbul next year." The reported reason for the decision was that Formula One chief Bernie Ecclestone (above) raised the race fee from $13 million to $26 million;
More than anything else, Bernie Ecclestone is a businessman. And as a businessman, he's interested in increasing the spectacle in Formula One racing. To that end, reports suggest that the F1 chief is talking with Simon Cowell and Simon Fuller – the creative forces behind American Idol, among countless other reality TV shows – about how to make F1 more attractive to a broader audience.
There are ways to make friends, and ways to make enemies. Telling several members of your party they're unwelcome is a sure way to the latter, but then, Bernie Ecclestone has never shied away from controversy. In his latest statement, the Formula One chief has indicated that the field should be cut down from its current grid of 13 teams to just 10.
Formula One boss Bernie Ecclestone seems to believe he has a recipe to make his sport a bit more entertaining, and it involves heaping buckets of artificial rain. That's right – no longer content to simply play with KERS and points systems, Ecclestone has reportedly turned his attentions towward bending weather to his will.
Bernie Ecclestone Hublot ad – Click above to see the complete ad
Russian premier Vladimir Putin (right) has big plans to put his country on the map of world-class sporting events. In 2014, the Black Sea resort town of Sochi will play host to the Winter Olympics. In 2018, Putin hopes to be hosting the World Cup. But not before the country secures its own Formula One grand prix.
Bernie Ecclestone has never been one to shy away from speaking his mind. The latest big idea from F1's commercial chief? Appointing an independent body to formulate the regulations that govern Formula One.
Michael Schumacher's triumphant comeback has been anything but. The seven-time world champion has been consistently outpaced by his junior team-mate Nico Rosberg, who most recently scored a podium finish at this past weekend's British Grand Prix while Schumi could manage no be
Love it or hate it, the Formula One circus is heading to Austin, Texas. The reinstated United States Grand Prix is set to take place in the Lone Star capital city starting in 2012 and the annual event will surely infuse an added boost of tourism revenue into the Austin area. But just how much will the initiative cost Texas taxpayers?
While the New York Auto Show is under way at the Javitz Center, on the opposite side of the globe the Big Apple came up in an entirely different context. Speaking with Italy's sports journal La Gazzetta dello Sport during this past weekend's Australian Grand Prix, Formula One supremo Bernie Ecclestone revealed that n
During the Bahrain Grand Prix last weekend, Formula One supremo Bernie Ecclestone was quoted as saying that a return to the Indianapolis Motor Speedway was under consideration. Not so fast, say spokesmen for the speedway, who say that while the facility is interested in bringing the U.S. Grand Prix back, talks are not currently taking place.
With his stranglehold on Formula One's commercial rights firmly in place, Bernie Ecclestone is more accustomed to taking money than spending it. But after selling his prized classic car collection a couple of years ago, the F1 supremo teamed up with Luxembourg-based Genii
