user icon
user icon

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 

BE Grand Prix of Belgium

Local time 

Related news

Test calendar

Circuit de Catalunya - Winter testing

Circuit de Catalunya - Winter testing

See full test schedule

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

World Championship standings 2020

Show full world champion standings

Formula 1 Calendar - 2020

Date
Grand Prix
Circuit
-
Spain
-
Spain
3 - Jul 5
Austria
10 - Jul 12
Austria
17 - Jul 19
Hungary
31 - Aug 2
United Kingdom
7 - Aug 9
United Kingdom
14 - Aug 16
Spain
28 - Aug 30
Belgium
4 - Sep 6
Italy
11 - Sep 13
Italy
25 - Sep 27
Russian
9 - Oct 11
Germany
See full schedule

Formula 1 Calendar - 2020

Date
Grand Prix & Circuit
3 - Jul 5
Austria Red Bull Ring
10 - Jul 12
Austria Red Bull Ring
17 - Jul 19
Hungary Hungaroring
31 - Aug 2
United Kingdom Silverstone
7 - Aug 9
United Kingdom Silverstone
14 - Aug 16
28 - Aug 30
4 - Sep 6
Italy Monza
11 - Sep 13
Italy Mugello
25 - Sep 27
Russian Sochi Autodrom
9 - Oct 11
Germany Nurburgring
See full schedule
show sidebar