Ecclestone forced to step down as CEO | Page 2 | FerrariChat

Ecclestone forced to step down as CEO

Discussion in 'F1' started by Bas, Jan 23, 2017.

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  1. scudF1

    scudF1 F1 Rookie Silver Subscribed

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    Bernie did a great job dictating the sport for the past 40 years but I think its time for him to step down.
     
  2. jgonzalesm6

    jgonzalesm6 Two Time F1 World Champ Rossa Subscribed

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    I believe F1 had $4bil in debt.
     
  3. Etcetera

    Etcetera Two Time F1 World Champ Silver Subscribed

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    Bernie out, Brawn in.

    It's about time something sensible happened to this sport.
     
  4. Kiwi Nick

    Kiwi Nick Formula 3

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    21st Century Fox and ESPN. Definitely sounds like entertainment over technology.
     
  5. CornersWell

    CornersWell F1 Rookie

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    All good moves for the sport.

    CW
     
  6. DeSoto

    DeSoto F1 Veteran

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    First Ron Dennis and now this.

    Nothing is sacred. Who will be next: the Pope?
     
  7. F22G

    F22G Rookie

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    Glad they helped Bernie move on. He doesn't know when to leave. Liberty did the right thing.
     
  8. GordonC

    GordonC F1 Rookie Owner Rossa Subscribed

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    Which time? Bernie sold F1 three times, yet always seemed to end up back in control and in a strong ownership position to sell it yet again, making more billions off it. I feel no pity for Bernie, he's done more than well with his F1 ownership machinations over the past 3 decades especially.

    Besides, this time it was CVC that sold F1, not Bernie. He was lucky enough that CVC kept him in charge, they just viewed it as a cash machine, with no thought or interest towards growing the sport into new areas. Hike the race fees was about their only idea and plan.

    I also agree that this is more than time for Bernie to step out, and let some modern ideas come in. It's always a risk, but I'm sick of new races in areas with zero F1 interest just because a government funds a promoter to pay the huge fees, meanwhile Germany, Britain, Canada, etc all struggle to meet Bernie's demands.

    Brawn will also bring some welcome sense to the technical evolution of the sport. Maybe he can also 'retire' Charlie Whiting, who has stayed on about 3 years too long. Bernie's Gang should go with Bernie.
     
  9. Etcetera

    Etcetera Two Time F1 World Champ Silver Subscribed

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    ^ Yep.
     
  10. Igor Ound

    Igor Ound F1 Veteran

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    You know Whiting and Brawn are best friends, don't you? They've already "worked together" and helped each other for years...
     
  11. daytona355

    daytona355 F1 World Champ BANNED

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    Well, if liberty try to change the pay structure for the teams, I give F1 at the most till the end of the current concorde, and I suspect the phone lines are already buzzing between the top teams and Bernie about GP1
     
  12. PSk

    PSk F1 World Champ

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    Totally agree.

    I just hope Bernie's ego does not get in the way and he, and his team, simply fncks off as he should have at least 10 years ago.

    Honestly this is what F1 needed to move forward!
    Pete
     
  13. william

    william Two Time F1 World Champ

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    I suspect Liberty Media has a complete business plan that goes well beyond cosmetic changes to the present set up. They won't be happy just to step in Bernie's shoes to conduct business as usual. I expect some egos will be severely bruised.

    Note that they are in show business, so their goal will be not only to revamp the old Ecclestone script, but to write a new one from a clean sheet of paper.

    "New broom sweeps clean", they say, so a expect the new team to put in place something quite different from what we know at the end of the present agreement/formula - 2020?

    Yes, the pay structure should change, and maybe some of the taboos Bernie has been bashing us with will go out of the window. People can start looking at the expiry date on their contract, I think: teams, organisers, tracks, constructors, etc...

    F1 may never been the same after the incoming changes.
     
  14. Beau365

    Beau365 Formula 3

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    I sincerely hope that Brawn's professionalism supercedes his friendship with Whiting. Clown Charlie has brought F1 into disrepute on more than one occasion with his inconsistent rules across a single race.

    F1 would benfit from a new race director
     
  15. william

    william Two Time F1 World Champ

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    Charlie Whiting and Herbie Blash are both ex-Brabham employees, when Bernie owned the team.

    When he took over the GP organisation, he brought them in to become F1 race director and assistant race director. They were still his employees and only answered to him.

    Whiting in fact took a lot of flack for decisions he made on Bernie's order.
     
  16. Ferrari 308 GTB

    Ferrari 308 GTB F1 Veteran

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    Bernie did a great job over the decades,but now it is finally time to bow out.

    If you are stateside then perhaps look forward to a new breed of F1 races Las Vegas,Miami,La.. anyone ?
     
  17. Igor Ound

    Igor Ound F1 Veteran

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    At least none of the two is directly involved in or owns a team now...
     
  18. jgonzalesm6

    jgonzalesm6 Two Time F1 World Champ Rossa Subscribed

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    If NA comes back to COTA, I'm taking my 22yo daughter and getting paddock club tickets.....Her first F1...
     
  19. jgonzalesm6

    jgonzalesm6 Two Time F1 World Champ Rossa Subscribed

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  20. Bas

    Bas Four Time F1 World Champ

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    Carey should know that the current rules where enforced by the FIA, Bernie was much against them as he feared the noise would be **** and the possibility of 1 team getting it right dominating - He was completely right.

    Bernie got a lot of bad stick for the fees ''he'' charged, forced by CVC capital who wanted a good ROI and thought short term rather than long term.

    Rather than force him out, something else should be done...Bernie has a high reputation in and outside of F1, from people who truly understand the sport.

    One thing Bernie has obviously failed on was successfully incorporating the internet with his show, look at MotoGP for instance. Pay to enter the MGP site and can watch the race or season. It's brilliant.

    A proper working app, which you can adjust (i.e. live timing, one or multiple cameras, select commentary team or no commentary at all. Hell, 360 degree cameras too, movable by user) would be epic. If you buy a season pass you get year round access, watch any race you want from the archives. It's not hard.
     
  21. jgonzalesm6

    jgonzalesm6 Two Time F1 World Champ Rossa Subscribed

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    concur plus from a race perspective MotoGP is above F1, F1 has is more technical and engineering perspective behind it.
     
  22. jgonzalesm6

    jgonzalesm6 Two Time F1 World Champ Rossa Subscribed

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    oh I forgot.....from a PROFIT-wise perspective.........
     
  23. classic308

    classic308 F1 Veteran

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    Get rid of whiting now!!
     
  24. singletrack

    singletrack F1 Veteran

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    With all due respect. CVC was only a part of F1 because of Bernie. Bernie understood who he was doing business with and what the consequences would be. He can claim to be innocent, but he knew what CVC would do and he sold to them anyway...and at a discount also after illegally devaluing the company for which he should be in jail ; )
     
  25. Bas

    Bas Four Time F1 World Champ

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    I agree with that, he should never have sold the CVC in the first place, and I don't think he was particularly happy with it either. Was he naive, or had his eyes on the big prize, or did he do it as a potential safety net in case funding got to difficult for the teams if they couldn't find funding when the EU would eventually outlaw tobacco sponsoring, who knows...

    IMO had he never sold F1 to CVC, he'd have been far more understanding regarding fees and the tracks we went to. He's done things wrong, but he's also done very many things right.


    I'm just glad that Ross Brawn is in the picture.
     

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