FIA president Jean Todt has backed Bernie Ecclestone, as German prosecutors prepare to charge the F1 chief executive for corruption. It has been suggested Ecclestone will be stepped down by the sport's owners CVC if he is charged or convicted.
But FIA president Todt is quoted by DPA news agency: "He has every right to his job and he does it very well. He is also employed by CVC, so it is their decision," the Frenchman added.Todt might be standing firm with Ecclestone due to the turmoil the 82-year-old's departure would create.
Paul Stoddart, the former Minardi owner, told Bloomberg it could take years for Ecclestone's successor to "get up to speed". "CVC is between a rock and a hard place," he said. "If Bernie Ecclestone was forced to stand down, the Concorde Agreement would be throw into complete turmoil."
For the moment, Ecclestone's legal troubles in Germany are believed to be holding up CVC's plans to float F1 on the stock market. "Although the IPO market is better than it was a year ago, the company still has a few issues to sort out," CVC's Donald Mackenzie admitted to PA Sport news agency. "So it may happen this year, it may be next year, but we're not in a big rush." (GMM)
FIA president backs Ecclestone amid corruption charge
- Published on 31 May 2013 14:37
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- By: Rob Veenstra
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A. Antonelli
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G. Russell
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L. Hamilton
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Bahrain International Circuit - Winter testing
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L. Norris
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C. Leclerc
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A. Antonelli
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Bahrain International Circuit - Winter testing
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G. Russell
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Formula 1 Calendar - 2026
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Spain
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Bahrain
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Bahrain
Formula 1 Calendar - 2026
Date
Grand Prix & Circuit
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Spain
Circuit de Catalunya
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Bahrain
Bahrain International Circuit
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Bahrain
Bahrain International Circuit
6 - Mar 8
Australia
Albert Park
13 - Mar 15
27 - Mar 29
Japan
Circuit Suzuka
10 - Apr 12
Bahrain
Bahrain International Circuit
17 - Apr 19
Saudi Arabia
Jeddah Street Circuit
1 - May 3
United States of America
Miami International Autodrome
22 - May 24
Canada
Gilles Villeneuve
5 - Jun 7
Monaco
Monte Carlo
12 - Jun 14
Spain
Circuit de Catalunya
26 - Jun 28
Austria
Red Bull Ring
3 - Jul 5
United Kingdom
Silverstone
17 - Jul 19
Belgium
Spa-Francorchamps
24 - Jul 26
Hungary
Hungaroring
21 - Aug 23
Netherlands
Circuit Zandvoort
Team profile
- Team name Minardi
- Base Faenza, Italy
- Jos Verstappen 19
- Fernando Alonso 21
- 4,926 comments on Minardi
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