Walsh no longer interested in role as F1 chairman

  • Published on 17 Dec 2014 11:28
  • comments 0
  • By: Rob Veenstra
Paul Walsh is no longer a threat to Bernie Ecclestone's long reign over formula one. Specialist reports in the Financial Times and The Times newspapers said former Diageo chief Walsh, hotly tipped to become the sport's new chairman over the last few days, has now "walked away".

Asked last week about claims Walsh intended to "rein in" Ecclestone's controversial management style, the 84-year-old F1 supremo had fired: "First he's got to be appointed, hasn't he?" A source has now told the London newspaper The Times: "Paul only wanted to take it on if there was complete accountability and authority. There was neither and he did not want to be simply a puppet or figurehead."

Although CVC did not comment, the news is interpreted as a blow to F1's major shareholder as Donald Mackenzie had seriously courted Walsh for the role. The F1 teams may also be disappointed, as backmarkers collapse, disputes over income and engines rage, and sponsorship and audience numbers decline. An unnamed team boss said: "We are all back where we started and it looks as though nothing is going to change."

Replies (0)

Login to reply

BE Grand Prix of Belgium

Local time 

BEGrand Prix of Belgium

Local time 

World Championship standings 2024

Show full world champion standings

Test calendar

See full test schedule

Related news

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Formula 1 Calendar - 2024

Date
Grand Prix
Circuit
-
Bahrain
29 - Mar 2
Bahrain
7 - Mar 9
Saudi Arabia
22 - Mar 24
Australia
5 - Apr 7
Japan
19 - Apr 21
China
3 - May 5
United States of America
17 - May 19
Italy
24 - May 26
Monaco
7 - Jun 9
Canada
21 - Jun 23
Spain
28 - Jun 30
Austria
5 - Jul 7
United Kingdom
19 - Jul 21
Hungary
26 - Jul 28
Belgium
23 - Aug 25
Netherlands
30 - Sep 1
Italy
13 - Sep 15
Azerbaijan
20 - Sep 22
Singapore
18 - Oct 20
United States of America
25 - Oct 27
Mexico
1 - Nov 3
Brazil
22 - Nov 24
United States of America
29 - Dec 1
Qatar
6 - Dec 8
United Arab Emirates
See full schedule

Formula 1 Calendar - 2024

Date
Grand Prix & Circuit
29 - Mar 2
7 - Mar 9
Saudi Arabia Jeddah Street Circuit
22 - Mar 24
Australia Albert Park
5 - Apr 7
19 - Apr 21
3 - May 5
United States of America Miami International Autodrome
17 - May 19
24 - May 26
Monaco Monte Carlo
7 - Jun 9
21 - Jun 23
28 - Jun 30
Austria Red Bull Ring
5 - Jul 7
United Kingdom Silverstone
19 - Jul 21
Hungary Hungaroring
26 - Jul 28
23 - Aug 25
Netherlands Circuit Zandvoort
30 - Sep 1
Italy Monza
13 - Sep 15
Azerbaijan Baku City Circuit
20 - Sep 22
18 - Oct 20
United States of America Circuit of the Americas
25 - Oct 27
1 - Nov 3
Brazil Interlagos
22 - Nov 24
United States of America Las Vegas Street Circuit
29 - Dec 1
6 - Dec 8
United Arab Emirates Yas Marina Circuit
See full schedule
show sidebar