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Bernie Ecclestone in quit threat

25 April 2011


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.”


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