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Ecclestone in quit threat

Bernie Ecclestone: I'm old enough to get a pension, so I don't have to get a job. I'd have to be sure the people [who end up owning F1] are people I would like to work with and whether they would want to work with me.

F1 boss Bernie Ecclestone has suggested he could retire if Rupert Murdoch's News Corporation group wins control of the sport.

Sky News reported last week that News Corporation has held preliminary talks with Mexican billionaire Carlos Slim – a backer of the Sauber team and its driver Sergio Perez – and with people connected to one of the 'big car manufacturers' currently involved in the sport about forming a consortium. According to the report, the purchase of F1 is one option being investigated by News Corp, with the other possibility being that it could instead elect to bid for the UK broadcast rights when the BBC's five-year deal expires at the end of 2013 rather than try to secure a direct stake in the sport.

Although Ecclestone, who retains a stake in F1 as well as running it on behalf of CVC Capital Partners, subsequently rubbished the claims insisting that sport isn't for sale [see separate story - click here], he's now added that he will only work with people he wants to.

“I'm old enough to get a pension, so I don't have to get a job,” the 80-year-old told British broadsheet newspaper The Sunday Times. “I'd have to be sure the people [who end up owning F1] are people I would like to work with and whether they would want to work with me.”




Related Pictures

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10.04.2011- Race, Bernie Ecclestone (GBR), President and CEO of Formula One Management and Lewis Hamilton (GBR), McLaren  Mercedes, MP4-26
10.04.2011- Bernie Ecclestone (GBR), President and CEO of Formula One Management
10.04.2011- Bernie Ecclestone (GBR), President and CEO of Formula One Management
10.04.2011- Race, Bernie Ecclestone (GBR), President and CEO of Formula One Management
08.04.2011- Bernie Ecclestone (GBR), President and CEO of Formula One Management

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USF1_Fan - Unregistered

April 25, 2011 1:37 PM

"Bernie" is bad. Rupert is far worse and would be far worse for F1 fans. There is no doubt about that. How about a pipe dream instead- the teams get together and buy it as a group? That could be a sustainable, long-term solution to keep the sport going well. Maybe even keep that mad dwarf running things for the first year or so.... Someone like Murdoch gets control and F1 will be a joke within a few years.



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