Bernie Ecclestone: "Everything staying as it is"

  • Published on 04 Nov 2016 16:15
  • comments 0
  • By: Fergal Walsh

Bernie Ecclestone squashed the rumours that he will lose his spot as the supremo of Formula One to Ross Brawn.

Reports this week suggested former Ferrari and Mercedes chief Ross Brawn has been lined up by new F1 owner Liberty Media to be the sport's new sporting CEO.

The 61-year-old subsequently clarified that he is only doing "a little consulting", and that his future "all depends" on Ecclestone, who is 86.

Ecclestone has now told Germany's Bild newspaper: "I'm staying as the boss. This will not change. I can assure everyone that everything is staying as it is."

However, it has been rumoured that Ecclestone is being marginalised by Liberty, who are keen to make changes after years with former majority owner CVC in charge.

Ecclestone explained: "It's quite simple -- the Concorde Agreement runs until 2020. Until then, the teams and the rules cannot and will not change.

"The shareholders can of course change, and the new ones will put more emphasis on advertising and commercialisation than CVC did."

"They do not control the company," he added. "They have 10 per cent of the company and for the moment, I'm still the CEO. It is the same company it has always been."

"If Liberty gets control then they can do whatever they like, as anyone can who owns a company. But at the moment they are not the owners, so they cannot do whatever they want."

And as for Brawn, Ecclestone makes clear that he is not interested in opening the door for the highly-rated engineer and manager.

"I would be happy if he went to the FIA," he said. "But he can't do anything for us at the moment. We don't need an engineer or someone with Ross' skills. I haven't spoken to him in a long time. I have no idea what he will do."

Replies (0)

Login to reply

BE Grand Prix of Belgium

Local time 

BE Grand Prix of Belgium

Local time 

World Championship standings 2023

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 - 2023

Date
Grand Prix
Circuit
-
Bahrain
3 - Mar 5
Bahrain
17 - Mar 19
Saudi Arabia
31 - Apr 2
Australia
28 - Apr 30
Azerbaijan
5 - May 7
United States of America
19 - May 21
Italy
26 - May 28
Monaco
2 - Jun 4
Spain
16 - Jun 18
Canada
30 - Jul 2
Austria
7 - Jul 9
United Kingdom
21 - Jul 23
Hungary
28 - Jul 30
Belgium
25 - Aug 27
Netherlands
1 - Sep 3
Italy
15 - Sep 17
Singapore
22 - Sep 24
Japan
20 - Oct 22
United States of America
27 - Oct 29
Mexico
3 - Nov 5
Brazil
17 - Nov 19
United States of America
24 - Nov 26
United Arab Emirates
See full schedule

Formula 1 Calendar - 2023

Date
Grand Prix & Circuit
3 - Mar 5
17 - Mar 19
Saudi Arabia Jeddah Street Circuit
31 - Apr 2
Australia Albert Park
28 - Apr 30
Azerbaijan Baku City Circuit
5 - May 7
United States of America Miami International Autodrome
19 - May 21
26 - May 28
Monaco Monte Carlo
2 - Jun 4
16 - Jun 18
30 - Jul 2
Austria Red Bull Ring
7 - Jul 9
United Kingdom Silverstone
21 - Jul 23
Hungary Hungaroring
28 - Jul 30
25 - Aug 27
Netherlands Circuit Zandvoort
1 - Sep 3
Italy Monza
15 - Sep 17
22 - Sep 24
20 - Oct 22
United States of America Circuit of the Americas
27 - Oct 29
3 - Nov 5
Brazil Interlagos
17 - Nov 19
United States of America Las Vegas Street Circuit
24 - Nov 26
United Arab Emirates Yas Marina Circuit
See full schedule

Team profile

Show full profile
show sidebar