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Ecclestone: I don't care who the shareholders are and who is on whatever boards, I run the business

Ecclestone: I don't care who the shareholders are and who is on whatever boards, I run the business 7 November, 2013 Bernie Ecclestone in the dock Formula 1 Chief Executive Bernie Ecclestone said much of the motor sport's value before the sale of a major stake to private equity group CVC was down to his running of the business. Defending a damages claim of more than $100 million (62 million pounds) brought by German media firm Constantin Medien over that deal, Ecclestone told London's High Court on Thursday that he remained a hands-on manager at the age of 83. Ecclestone has denied being part of a 'corrupt bargain' to undervalue Formula One in order to remain head of a business he had run...
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8y ago from GrandPrix247.com 0
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