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Ecclestone floats idea of chairman for F1

Bernie Ecclestone suggests that F1 could get a chairman, although his comments appear to suggest he doesn't really feel one is needed
Commercial rights holder Bernie Ecclestone has admitted that CVC – the owners of F1 – could look to appoint an independent chairman, despite previous reports to the contrary.

The issue of whether a chairman will be brought in has been raised by the ongoing saga related to the jailed German banker Gerhard Gribkowsky, who is alleged to have taken a bribe when involved in the sale of shares in F1 to CVC back in 2006.

Appointing a chairman was seen as a way for Delta Topco, the holding company of F1, to gain extra credibility ahead of a potential share sale.

While media reports have suggested that any plan to bring in a chairman had been shelved, Ecclestone said that the topic was still up for discussion although he insisted that the rumours weren't linked into a sale and that appointed a chairman wasn't necessarily something that would happen.

Ecclestone also admitted that any potential changes that may occur in future wouldn't impact on his own role.

“We will probably bring the chairman up again at a board meeting,” he told Pitpass. “We haven't got a chairman.

“I don't know what a chairman does. We don't need the board, we don't need any of them to be honest. I am the chief executive and I will do what I continue to do.”


Related Pictures

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Saturday Practice, Bernie Ecclestone (GBR), President and CEO of Formula One Management  and Cleyton Pinteiro, President CBA
Saturday, Bernie Ecclestone (GBR), President and CEO of Formula One Management  and Felipe Massa (BRA), Scuderia Ferrari, F10
Race, Bernie Ecclestone (GBR), President and CEO of Formula One Management
27.11.2016 - Race, Roger Federer (SUI) tennis player and Bernie Ecclestone (GBR), President and CEO of FOM
27.11.2016 - Bernie Ecclestone (GBR), President and CEO of FOM
27.11.2016 - Bernie Ecclestone (GBR), President and CEO of FOM
27.11.2016 - Bernie Ecclestone (GBR), President and CEO of FOM
26.11.2016 - Qualifying, Bernie Ecclestone (GBR), President and CEO of FOM office
26.11.2016 - Bernie Ecclestone (GBR), President and CEO of FOM and Flavio Briatore (ITA)
26.11.2016 - Free Practice 3, Bernie Ecclestone (GBR), President and CEO of FOM
26.11.2016 - Free Practice 3, (L-R) Fabiana Flosi (BRA), Wife of Bernie Ecclestone and Piero Ferrari (ITA) Vice-President Ferrari
26.11.2016 - Bernie Ecclestone (GBR), President and CEO of FOM, Fabiana Flosi (BRA), Wife of Bernie Ecclestone and Christian Horner (GBR), Red Bull Racing, Sporting Director
26.11.2016 - Free Practice 3, Fabiana Flosi (BRA), Wife of Bernie Ecclestone
26.11.2016 - Chase Carey (USA) Formula One Group Chairman, Bernie Ecclestone (GBR), President and CEO of FOM and Christian Horner (GBR), Red Bull Racing, Sporting Director
26.11.2016 - Chase Carey (USA) Formula One Group Chairman, Bernie Ecclestone (GBR), President and CEO of FOM and Christian Horner (GBR), Red Bull Racing, Sporting Director
26.11.2016 - Chase Carey (USA) Formula One Group Chairman, Flavio Briatore (ITA) and Bernie Ecclestone (GBR), President and CEO of FOM
26.11.2016 - Flavio Briatore (ITA), Fabiana Flosi (BRA), Wife of Bernie Ecclestone and Bernie Ecclestone (GBR), President and CEO of FOM
26.11.2016 - Flavio Briatore (ITA), Fabiana Flosi (BRA), Wife of Bernie Ecclestone and Bernie Ecclestone (GBR), President and CEO of FOM

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UpYours - Unregistered

April 06, 2011 3:39 PM

Just what else will this hairbrained geriatric think of next, perhaps snow racing on skis fitted to the cars, Oh what a wonderful idea, not. Surely it is time we heard the last of him, plesae bring him his zimmer frame and we will happily wave goodbye



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