Moves afoot to replace Ecclestone at helm of F1

Bernie Ecclestone Formula One World Championship, Rd19 United States Grand Prix, Preparations, Austin, Texas, 15 November 2012.Nov.26 (GMM) Bernie Ecclestone’s days at the helm of Formula One could be numbered, reports by Germany’s Suddeutsche newspaper and the SID news agency claim.

“F1 could soon have a new ruler,” said the SID wire report.

The Suddeutsche Zeitung said that there are “detailed preparations” being made to potentially replace the 82-year-old Briton, if Munich prosecutors decide to charge him with corruption over the Gerhard Gribkowsky bribery scandal.

The report said that Delta Topco, the Formula One Group’s majority CVC-owned holding company, is considering stepping Ecclestone down and replacing him with an interim chief executive if “as expected” he is charged in the coming weeks.

Subbed by AJN.

  • Kimi4WDC

    Whole thing is a joke, at that time bribe was a tax deductible expense in Germany. This is also how Siemens got in troubles in Latin America.

    Any way, the issue is not of stepping Bernie down, but that there is no proper replacement besides people who just want to share of the money-pie.

    You can hate Bernie all you want, but he is the best man to hold this circus together and I do hope he already knows who will be taking his place.