Bernie Ecclestone’s race to the bottom
The 92 year-old former Formula One Group CEO has been found guilty of failing to declare £400m of overseas assets
- Words by: Tom Ward
The 92 year-old former Formula One Group CEO has been found guilty of failing to declare £400m of overseas assets
The 92 year-old former Formula One Group CEO has been found guilty of failing to declare £400m of overseas assets
Bernard Charles Ecclestone began his racing career as a driver in 1958, entering two Grand Prix but failing to qualify for either. No matter: he soon built a career managing other drivers, then teams. By the late 1970s he was selling television rights to the sport, growing to control the administration and logistics of each and every Grand Prix as CEO of the Formula One Group until 2017 when the group was sold to America’s Liberty Media.
Bernard Charles Ecclestone began his racing career as a driver in 1958, entering two Grand Prix but failing to qualify for either. No matter: he soon built a career managing other drivers, then teams. By the late 1970s he was selling television rights to the sport, growing to control the administration and logistics of each and every Grand Prix as CEO of the Formula One Group until 2017 when the group was sold to America’s Liberty Media.
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| Weekly newsletter Straight to your inbox | |
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