Bernie’s bid for Saab is based on internet in cars
F1 supremo Bernie Ecclestone is fronting a powerful European consortium making a late surge to buy troubled Swedish car company, Saab. His partners in the consortium are Renault F1 owner Gerard Lopez, via his Geniii Capital vehicle and Swedish real estate entrepreneur Lars Carlstrom.
Saab is currently owned by General Motors and is loss making.
Ironically for [...]
Ecclestone opens the door for Briatore appeal
Bernie Ecclestone has said in the last few days that he thinks that the penalty meted out to Flavio Briatore by the FIA World Motor Sport Council was too harsh.
Ecclestone is a member of the WMSC himself and has a personal interest because Briatore is a close friend and business associate with whom Ecclestone spends [...]
Ecclestone says Renault may quit F1 over Singapore investigation
Formula 1 commercial right holder Bernie Ecclestone has said that he fears the Renault board may decide to quit Formula 1 following allegations that Nelson Piquet was asked to crash his car so that his team mate Fernando Alonso could win last year’s Singapore Grand Prix.
With car sales well down for all the manufacturers in [...]
Teams want more say over F1 venues
As we get ready to head for Budapest, the Concorde Agreement is due to be signed, which should bring in a new co-operation between the teams, the commercial rights holders and the FIA.
I noted some comments yesterday by Mario Theissen, the team principal of BMW Sauber, about the need for the teams to have more [...]
Bernie explains and gives F1 pause for thought
Bernie Ecclestone’s interview in the Times last weekend has brought a furious response from politicians and virtual silence from the F1 community.
Most people in F1 don’t really want to get drawn into it, as they argue he shouldn’t have allowed himself to be in the first place.
What most people don’t understand is why he did [...]
Why did Honda turn Bernie down?
Interesting tale in the News of the World today, where Ian Gordon has managed to get an exclusive with Bernie Ecclestone on how the Honda management team turned down his offer of financial help with their buyout of the team.
Bernie has done a series of ‘exclusives’ lately; with the FT, the Telegraph, the Express and [...]