F1 bernie ecclestone wiki

Bernard Charles "Bernie" Ecclestone (born 28 October 1930) is a British sports entrepreneur.

He was the president and CEO of Formula One Management and Formula One Administration. He is part owner of Alpha Prema, the parent company of the Formula One Group of companies. He is generally considered the primary authority in Formula One racing. In 1972 he bought the Brabham team, which he ran for fifteen years. As a team owner he became a member of the Formula One Constructors Association.

On the 23 January, 2017, it was announced that Bernie Ecclestone had been replaced by Chase Carey as chief executive of the Formula One Group, though he has been appointed as chairman emeritus and will act as an adviser to the board.

He is also the co-owner of Queens Park Rangers F.C.

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Bernard Charles "Bernie" Ecclestone (born 28 October 1930) is a British business magnate. He is the chief executive of the Formula One Group, which manages Formula One motor racing and controls the commercial rights to the sport. As such, he was commonly described in journalism as the 'F1 Supremo'.

Ecclestone began his career as a racing driver and entered two Grand Prix races during the 1958 season, but failed to qualify for either of them. Later, he became manager of drivers Stuart Lewis-Evans and Jochen Rindt. In 1972, he bought the Brabham team, which he ran for 15 years. As a team owner he became a member of the Formula One Constructors' Association.

His control of the sport, which grew from his pioneering sale of the television rights in the late 1970s, was chiefly financial; however, under the terms of the Concorde Agreement, Ecclestone and his companies also controlled the administration, setup and logistics of each Grand Prix, thus making him one of the richest men in the United Kingdom.

Early life[]

Ecclestone was born in St Peter South Elmham, a hamlet three miles south of Bungay. He was the son of Sidney Ecclestone, a fisherman, whose family was originally from Kent, and his wife Bertha Sophia (née Westley). Ecclestone attended primary school in Wissett in Suffolk before the family moved to Danson Road,Bexleyheath, southeast London, in 1938. He was not evacuated to the countryside during the Second World War and remained with his family.

Ecclestone left Dartford West Central Secondary School at the age of 16 to work as an assistant in the chemical laboratory at the local gasworks testing gas purity. He also studied chemistry at Woolwich Polytechnic and pursued his hobby of motorcycles.

Motorsports career[]

Early career[]

Immediately after th

British business magnate (born 1930)

"Ecclestone" redirects here. For the surname, see Ecclestone (surname).

Bernard Charles Ecclestone (born 28 October 1930) is a British business magnate, motorsport executive and former racing driver. Widely known in journalism as the "F1 Supremo", Ecclestone founded the Formula One Group in 1987, controlling the commercial rights to Formula One until 2017.

Born in Suffolk and raised in Bexleyheath, Ecclestone began his business career trading automotive parts after World War II. He started racing in Formula Three in 1949, winning multiple races at Brands Hatch driving a Cooper Mk V. After purchasing two Connaught chassis in 1958, Ecclestone entered the Monaco and British Grands Prix in Formula One as a privateer, but did not qualify at either. He then became a driver manager for Stuart Lewis-Evans and Jochen Rindt, the latter winning the World Drivers' Championship posthumously in 1970. Ecclestone purchased Brabham in 1972—who he operated for 15 years—leading the team to 22 victories, as well as two World Drivers' Championship titles with Nelson Piquet. He co-founded the Formula One Constructors' Association two years later, leading them through the FISA–FOCA war.

His control of the sport, which grew from his pioneering sale of television rights in the late-1970s, was primarily financial; under the terms of the Concorde Agreement in 1987, Ecclestone and his companies also controlled the administration, setup and logistics of each Formula One Grand Prix. He also founded International Sportsworld Communicators in 1996, controlling the commercial rights to the World Rally Championship until 2000. Ecclestone placed fifth on the Sunday Times Rich List in 2002, and declined both a CBE and a knighthood from Elizabeth II. Ecclestone co-owned association football club Queens Park Rangers with Flavio Briatore from 2007 to 2011, overseeing their promotion to the Premier League. E

Bernie Ecclestone (born October 28, 1930) is the president of Formula One Management and owns such large percentage shares in the various organizations which keep the sport going that he is generally considered the top man in Formula One racing.

Quotes

• "The banks don't have anything - no rights whatsoever. The banks are shareholders of SLEC, and SLEC has no rights. ... I am the CEO of Formula One Management and Formula One Administration, which runs the business in F1. From this point of view, I own F1."
  • Financial Times. November 23, 2004
  • Bernie Ecclestone responding to the banks holding a trial to determine if he should continue controlling Formula One Holdings and its subsidiares including Formula One Management.

• “The morning after I die. And the first 12 copies go to the Inland Revenue”
  • Financial Times. November 23, 2004
  • Bernie Ecclestone's response from a tongue in cheek interview question that asked: “So when’s your autobiography going to be published, Bernie?”
• "You know, I've got one of these wonderful ideas that women should all be dressed in white like all the other domestic appliances."
  • Bernie Ecclestone, discussing Danica Patrick, the female driver who finished fourth in the 2005 Indianapolis 500 race. (Los Angeles Times, 6/21/05, p. A-18.)

External links

• FT.com — Financial Times: The case that will decide Formula One’s future