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King Bernie turned Formula 1 from a ragtag pastime into a trillion dollar sport

King Bernie turned Formula 1 from a ragtag pastime into a trillion dollar sport 16 January, 2014 Bernie Ecclestone is facing his biggest challenge in 2014 Bernie Ecclestone's eye for a deal has made him a fortune and turned Formula 1 motor racing into a global money-spinner, but a bribery trial that won't go away threatens to end his long reign as the kingpin of the business. Ecclestone, who is 83, has been ordered to stand trial in Germany in a case relating to the sale of a stake in Formula 1 in 2005-06. He has denied wrongdoing in a complex case that has seen a German banker jailed for tax evasion. Despite his advanced age, the former car salesman remains central to the commercial...
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9mo ago from GrandPrix247.com 0
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