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Bernie Ecclestone

Ecclestone at the 2006 Bahrain Grand Prix
Born 28 October 1930 (1930-10-28) (age 77)
Bungay, Suffolk, England
Occupation Businessman
Net worth ▲£2. The 2006 Bahrain Grand Prix was the first round of the 2006 Formula One World Championship held on March 12, 2006 at the Bahrain International Circuit Events 306 - Maxentius is proclaimed Roman Emperor. 312 - Battle of Milvian Bridge: Constantine Year 1930 ( MCMXXX) was a Common year starting on Wednesday (link will display 1930 calendar of the Gregorian calendar. Bungay is a small town in Suffolk ( East Anglia, England) within The Broads National Park. England is a Country which is part of the United Kingdom. Its inhabitants account for more than 83% of the total UK population whilst its mainland A businessperson (also businessman or businesswoman) is someone who is employed at usually a profit-oriented enterprise, or more specifically someone The Pound Sterling ( symbol £; ISO code: GBP) subdivided into 100 pence (singular penny) is the Currency 4billion (2008)

Bernard Charles "Bernie" Ecclestone (born 28 October 1930 near Bungay, Suffolk, England) is the president and CEO of Formula One Management and Formula One Administration, and owns a stake in Alpha Prema, the parent company of the Formula One Group of companies. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 306 - Maxentius is proclaimed Roman Emperor. 312 - Battle of Milvian Bridge: Constantine Year 1930 ( MCMXXX) was a Common year starting on Wednesday (link will display 1930 calendar of the Gregorian calendar. Bungay is a small town in Suffolk ( East Anglia, England) within The Broads National Park. England is a Country which is part of the United Kingdom. Its inhabitants account for more than 83% of the total UK population whilst its mainland A chief executive officer ( CEO) or chief executive is typically the highest-ranking corporate officer ( executive) or administrator The Formula One Group is a group of companies responsible for the promotion of the FIA Formula One World Championship The Formula One Group is a group of companies responsible for the promotion of the FIA Formula One World Championship The Formula One Group is a group of companies responsible for the promotion of the FIA Formula One World Championship As such, he is generally considered the primary authority in Formula One racing. He is most commonly addressed in tabloid journalism as "F1 Supremo". His early involvement in the sport was as a competitor and then as a manager of drivers Stuart Lewis-Evans and Jochen Rindt. Stuart Nigel Lewis-Evans (b 20 April 1930, Luton, Bedfordshire - d Karl Jochen Rindt ( April 18, 1942 - September 5, 1970) was a German - Austrian racing driver In 1972 he bought the Brabham team, which he ran for fifteen years. Origins The Brabham team was founded by Jack Brabham and Ron Tauranac, who met in 1951 while both were successfully building and racing cars in their native [1] As a team owner he became a member of the Formula One Constructors Association. The Formula One Constructors' Association (FOCA is an organization of the Chassis builders (constructors who design and build the cars that race in the FIA His control of the sport, which grew from his pioneering the sale of television rights in the late 1970s, is chiefly financial, but under the terms of the Concorde Agreement he and his companies also manage the administration, setup and logistics of each Formula One grand prix. For the band see Broadcast (band Broadcasting is the distribution of audio and/or Video signals which transmit This article is about the Decade 1970-1979 For the Year 1970 see 1970. The Concorde Agreement is a contract between the FIA, the Formula One teams and Formula One Administration which dictates the terms by which Ecclestone attempted to compete in two Grand Prix races during the 1958 season but failed to qualify for either of them.

Contents

Motorsports career

Early life

Ecclestone was born in St Peter South Elmham, a small hamlet three miles south of Bungay, Suffolk. The Saints are a group of villages in Suffolk, England, near the border with Norfolk. Bungay is a small town in Suffolk ( East Anglia, England) within The Broads National Park. Shortly thereafter his family moved to Bexleyheath, Kent, now a part of Greater London, and Ecclestone left school at the age of 16 to work at the local gasworks, and to pursue his hobby of motorcycles. Bexleyheath, formerly known as "Bexley New Town" part of the London Borough of Bexley in South East London consists of a suburban development located 12 miles (19 Greater London is the top-level administrative subdivision covering London, England. MotorCycle is the title of a 1993 album by Rock band Daniel Amos, released on BAI Records. Immediately after the end of World War II, Ecclestone went into business trading in spare parts for motorcycles, and formed the Compton & Ecclestone motorcycle dealership with Fred Compton. World War II, or the Second World War, (often abbreviated WWII) was a global military conflict which involved a majority of the world's nations, including His first racing experience came in 1949 in the 500cc Formula 3 Series, acquiring a Cooper Mk V in 1951. Formula Three, also called Formula 3 or F3, is a class of open-wheel formula racing. He only drove a limited number of races, mainly at his local circuit, Brands Hatch but achieved a number of good placings and an occasional win. Brands Hatch is a Motor racing circuit in Kent, England. First used as a dirt track motorcycle circuit on farmland it hosted 12 runnings of the [1] His aspirations took a knock when he collided with Bill Whitehouse and landed in the car park on the outside of the track. Eventually, commercial pressures and the risks persuaded him to retire from the cockpit.

Team ownership

After his accident, Ecclestone temporarily left racing to make a number of lucrative investments in real estate and loan financing and to manage the Weekend Car Auctions firm. Real estate is a legal term (in some jurisdictions notably in the USA, United Kingdom He returned to racing in 1957 as manager of driver Stuart Lewis-Evans, and purchased the assets of the F1 Connaught team,[1] whose drivers included Lewis-Evans, Roy Salvadori, Archie Scott Brown, and Ivor Bueb. Stuart Nigel Lewis-Evans (b 20 April 1930, Luton, Bedfordshire - d Connaught Engineering, often referred to simply as Connaught, was a Formula One and sports car constructor from Britain. Roy Francesco Salvadori (b 12 May 1922, Dovercourt, Essex) is a former Motor racing driver and manager from England. William Archibald Scott Brown, known as Archie, ( May 13, 1927, Paisley, Renfrewshire – May 19, 1958, Ivor Léon John Bueb (born June 6 1923, East Ham, London - died August 1 1959, Clermont-Ferrand, France Ecclestone even attempted, unsuccessfully, to qualify a car himself at Monaco in 1958. The 1958 Monaco Grand Prix was a Formula One race held on 18 May 1958 at Monaco. He continued to manage Lewis-Evans when he moved to the Vanwall team; Salvadori moved on to manage the Cooper team. Vanwall was a Formula One team in the 1950s The Vanwall name was derived by combining the name of the team owner Tony Vandervell with that of his patented Thinwall The Cooper Car Company was founded in 1946 by Charles Cooper and his son John Cooper. Lewis-Evans suffered severe burns when his engine exploded at the Moroccan Grand Prix and succumbed to his injuries six days later; Ecclestone was rather shaken up and once again retired from racing.

Soon enough, however, his friendship with Salvadori led to his becoming manager of driver Jochen Rindt[1] and a partial owner of Rindt's Formula 2 team, Lotus (whose other driver was Graham Hill). Karl Jochen Rindt ( April 18, 1942 - September 5, 1970) was a German - Austrian racing driver 1950s Colin Chapman established Lotus Engineering Ltd in 1952 at Hornsey, UK. Norman Graham Hill ( February 15, 1929 – November 29, 1975) was a British racing driver and two-time Formula One World Rindt, on his way to the 1970 World Championship, died in a crash at the Monza circuit, though he was awarded the championship posthumously. Autodromo Nazionale Monza is a Motorsport Race track near the town of Monza, Italy, north of Milan. In early 1972, Ecclestone purchased the Brabham team from Ron Tauranac and began his decades-long advocacy for team control of F1, forming the Formula One Constructors Association[1] with Frank Williams, Colin Chapman, Teddy Mayer, Ken Tyrrell, and Max Mosley. Origins The Brabham team was founded by Jack Brabham and Ron Tauranac, who met in 1951 while both were successfully building and racing cars in their native Ron Tauranac was the Australian designer for Formula 1 driver Jack Brabham from 1962 until Brabham's retirement as a driver at the end of the 1970 season The Formula One Constructors' Association (FOCA is an organization of the Chassis builders (constructors who design and build the cars that race in the FIA Sir Francis Owen Garbatt Williams CBE (born April 16 1942 is founder and manager of the WilliamsF1 Formula One racing team Anthony Colin Bruce Chapman ( 19 May 1928 - 16 December 1982) was an influential British designer inventor and builder in the automotive Edward Everett "Teddy" Mayer (born September 8, 1935) is an American motor racing team manager who has enjoyed success in several categories of racing including Ken Tyrrell ( May 3, 1924 &ndash August 25 2001) was a British Auto racing driver and Max Rufus Mosley (born 13 April 1940 is president of the Fédération Internationale de l'Automobile (FIA a non-profit association that represents the interests of Hereabouts arose the continuing question of television rights.

Brabham

During the 1971 season, Ecclestone was approached by Ron Tauranac, owner of the Brabham team, who was looking for a suitable business partner. Ron Tauranac was the Australian designer for Formula 1 driver Jack Brabham from 1962 until Brabham's retirement as a driver at the end of the 1970 season Ecclestone made him an offer of £100,000 for the whole team, which Tauranac eventually accepted. [1] The Australian stayed on as designer and to run the factory. [2] Colin Seeley was briefly brought in against Tauranac's wishes to assist in design and management.

Ecclestone and Tauranac were both dominant personalities and the Australian left Brabham early in the 1972 season. The 1972 Formula One season included the 23rd FIA Formula One World Championship season which commenced on January 23, 1972, and ended on The team achieved little during 1972, as Ecclestone moulded the team to fit his vision of a Formula One team. He abandoned the highly successful customer car production business established by Jack Brabham and Tauranac - reasoning that to compete at the very front in Formula One you must concentrate all of your resources there. Sir John Arthur "Jack" Brabham, AO, OBE (born April 2 1926) is an Australian former racing driver who was Formula One For the 1973 season, Ecclestone promoted Gordon Murray to chief designer. The 1973 Formula One season included the 24th FIA Formula One World Championship season which commenced on January 28, 1973, and ended on Prof (Ian Gordon Murray (born 1946 in Durban, South Africa) is a renowned designer of Formula One race cars and the famous The young South African produced the triangular cross-section BT42, the first of a series of Ford powered cars with which the Brabham team would take several victories in 1974 and 1975.

Despite the increasing success of Murray’s nimble Ford-powered cars, Ecclestone signed a deal with Alfa Romeo to use their powerful but heavy flat-12 engine from the 1976 season. Alfa Romeo Automobiles SpA is an Italian Automaker founded in 1910 The 1976 Formula One season included the 27th FIA Formula One World Championship season which commenced on January 25, 1976, and ended on Although this was financially beneficial, the new BT45s were unreliable and the Alfa engines rendered them significantly overweight. The 1976 and 1977 seasons saw Brabham fall towards the back of the field again, before winning two races again in the 1978 season when Ecclestone signed the Austrian double world champion Niki Lauda, intrigued by Murray's radical BT46 design. The 1977 Formula One season included the 28th FIA Formula One World Championship season which commenced on January 9, 1977, and ended on The 1978 Formula One season included the 29th FIA Formula One World Championship which commenced on January 15, 1978, and ended on October Andreas Nikolaus "Niki" Lauda (born February 22, 1949 in Vienna) is an Austrian Aviator, Entrepreneur The Brabham BT46 was a Formula One Racing car, designed by Gordon Murray for the Brabham team owned by Bernie Ecclestone, for the

The Brabham-Alfa era ended in 1979, the team's first season with the up-and-coming young Brazilian Nelson Piquet when Alfa Romeo started testing their own Formula One car during this season. Nelson Piquet Souto Maior (born August 17, 1952) more commonly known as Nelson Piquet, is a Brazilian former racing driver who was Formula This prompted Ecclestone to revert to Cosworth DFV engines - a move his designer described as "like having a holiday".

Brabham had tested a car powered by a BMW turbo engine in the summer of 1981, and 1982's new BT50 was powered by BMW's turbocharged 4-cylinder M10. ( BMW) (Bavarian Motor Works is an independent German automobile manufacturer founded in 1916 A turbocharger, or turbo, is an air Compressor used for forced-induction of an Internal combustion engine. The 1982 Formula One season was the 33rd FIA Formula One World Championship season BMW Sauber F1 are a Formula One team with bases in Hinwil, Switzerland and Munich, Germany. The BMW M10/M12 was an I4 Piston engine produced from 1961 to 1987. Brabham continued to run the Ford-powered BT49D in the early part of the season while reliability and driveability issues were sorted out by BMW and their technical partner, Bosch. Robert Bosch GmbH is a German diversified technology-based corporation which was started in 1886 by Robert Bosch in Stuttgart Germany. Ecclestone and BMW came close to splitting before the turbo car duly took its first win at the 1982 Canadian Grand Prix but the partnership took the first turbo-powered world championship in 1983. Results from the 1982 Formula One Canadian Grand Prix held at Circuit Gilles Villeneuve on June 13, 1982.

The team continued to be competitive until 1985. At the end of the year, Nelson Piquet who had formed a close and long lasting relationship with Ecclestone and the team, left after seven years. Nelson Piquet Souto Maior (born August 17, 1952) more commonly known as Nelson Piquet, is a Brazilian former racing driver who was Formula He was unhappy with the money that Ecclestone was willing to offer him and went to Williams where he would win his third championship. Not to be confused with Frank Williams Racing Cars, formed by Frank Williams 1967 The following year, Murray, who since 1973 had designed cars that had scored 22 GP wins, left Brabham to join McLaren. Brabham continued under Ecclestone’s leadership to the end of the 1987 season, in which the team scored only eight points. BMW withdrew from Formula One after the 1987 season. The 1987 Formula One season was the 38th FIA Formula One World Championship season Ecclestone, meanwhile, was becoming increasing involved with his roles at FISA and the Formula One Constructors' Association (FOCA), in particular with negotiating the sport's television rights. The Formula One Constructors' Association (FOCA is an organization of the Chassis builders (constructors who design and build the cars that race in the FIA Having bought the team from Ron Tauranac for approximately $120,000 at the end of 1971, Ecclestone eventually sold it for over $5 million to a Swiss businessman, Joachim Luhti.

FISA-FOCA war

Main article: FISA-FOCA war

Ecclestone became chief executive of FOCA in 1978 with Mosley as his legal advisor; together, they negotiated a series of legal issues with the FIA and Jean-Marie Balestre, culminating in Ecclestone's famous coup, his securing the right for FOCA to negotiate television contracts for the Grands Prix. The FISA-FOCA war was a political battle contested throughout the early 1980s by the two representative organizations in Formula One motor racing the Fédération Jean-Marie Balestre ( April 9, 1921 &ndash March 27, 2008) was a French auto racing executive who was president of FISA For this purpose Ecclestone established Formula One Promotions and Administration, giving 47% of television revenues to teams, 30% to the FIA, and 23% to FOPA (i. e. Ecclestone himself); in return, FOPA put up the prize money - grand prix could literally be translated from French to "big prize". French ( français,) is a Romance language spoken around the world by 118 million people as a native language and by about 180 to 260 million people

Television rights shuffled between Ecclestone's companies, teams, and the FIA in the late 1990s, but Ecclestone emerged on top again in 1997 when he negotiated the present Concorde Agreement: in exchange for annual payments, he maintains the TV rights. The Concorde Agreement is a contract between the FIA, the Formula One teams and Formula One Administration which dictates the terms by which The contract with the various teams is to expire on the last day of 2007, and that with the FIA on the last day of 2012.

Recent activity

Despite heart surgery and triple coronary bypass in 1999, Ecclestone has remained as energetic as always in promoting his own business interests. In the late 1990s he reduced his share in SLEC Holdings (owner of the various F1 managing firms) to 25%, though despite his minority share he retained complete control of the companies. The Formula One Group is a group of companies responsible for the promotion of the FIA Formula One World Championship Also in 1999, Terry Lovell published a biography of Ecclestone, Bernie's Game: Inside the Formula One World of Bernie Ecclestone (ISBN 1-84358-086-1). In April 2000 Ecclestone sold International Sportsworld Communicators to David Richards. International Sportsworld Communicators is a United Kingdom based Company which owns the commercial rights to the World Rally Championship. David Pender Richards CBE (born 3 June 1952 Wales is the chairman of Prodrive, and a former team principal of the BAR and Benetton ISC owns the commercial rights for the World Rally Championship. History Early The World Rally Championship was formed from well-known international rallies nine of which were previously part of the International Championship

Ecclestone came under fire in October 2004 when he and British Racing Drivers' Club president Jackie Stewart were unable to come to terms regarding the future British Grand Prix, causing the race to be dropped from the 2005 provisional season calendar. The British Racing Drivers' Club (or BRDC) is a membership body that represents the interests of professional racing drivers from the United Kingdom. For other people of this name see Jackie Stewart (disambiguation. The British Grand Prix is a race in the calendar of the FIA Formula One World Championship However, when the heads of the ten teams met and agreed on a series of cost-cuts later in the month, the race was again added to the calendar, and a contract on December 9 guaranteed its continuation for five years. Events 536 - Byzantine General Belisarius enters Rome while the Ostrogothic garrison peacefully leaves the city In mid-November 2004, the three banks who comprise Speed Investments, which owns a 75% share in SLEC, which in turn controls Formula One - Bayerische Landesbank, J.P. Morgan Chase, and Lehman Brothers - sued Ecclestone for more control over the sport, prompting speculation that Ecclestone might altogether lose the control he has maintained for more than thirty years. The Formula One Group is a group of companies responsible for the promotion of the FIA Formula One World Championship The Formula One Group is a group of companies responsible for the promotion of the FIA Formula One World Championship BayernLB or Bayerische Landesbank (Bavarian State Bank is a publicly regulated bank based in Munich, Germany and one of the eight Landesbanken JPMorgan Chase & Co ( is the largest Banking institution in the United States by deposits and market capitalization and is one of the oldest operating Lehman Brothers Holdings Inc ( (pronounced ˈliːmən was a global financial-services firm prior to its bankruptcy and sale in 2008 A two-day hearing began on November 23, but after the proceedings had ended the following day, Justice Andrew Park announced his intention to reserve ruling for several weeks. Events 800 - Charlemagne arrives at Rome to investigate the alleged crimes of JUSTICE is a Human rights and law reform organisation based in the United Kingdom. On December 6, 2004, Park read his verdict, stating that "In [his] judgment it is clear that Speed's contentions are correct and [he] should therefore make the declarations which it requests. Events 1060 - Béla I of Hungary is crowned king of Hungary 1240 - Mongol invasion of Rus: Kiev "[3] However, Ecclestone insisted that the verdict - seen almost universally as a legal blow to his control of Formula One - would mean "nothing at all". [4] He stated his intention to appeal the decision. The following day, at a meeting of team bosses at Heathrow Airport in London, Ecclestone offered the teams a total of £260,000,000 over three years in return for unanimous renewal of the Concorde Agreement, which expires in 2008. London ( ˈlʌndən is the capital and largest urban area in the United Kingdom. The Concorde Agreement is a contract between the FIA, the Formula One teams and Formula One Administration which dictates the terms by which [5] Two weeks later, Gerhard Gibkowsky, a board member of Bayerische Landesbank and the chairman of SLEC, stated that the banks had no intention to remove Ecclestone from his position of control. [6]

Ecclestone was a victim of theft in March of 2005: two wheels were stolen from his car while it was parked outside his London home. The car, a brand new Mercedes-Benz CLS55 AMG, was said to be the first of its kind in Britain. The Mercedes-Benz CLS is a luxury car series of Automobile models assembled by Daimler AG in Sindelfingen, Germany and Mercedes-Benz-Valdez On Friday, June 17, 2005, Ecclestone made American headlines with his reply to a question about Danica Patrick's fourth-place finish at the Indianapolis 500, during an interview with Indianapolis television station WRTV: "She did a good job, didn't she? Super. Events 1462 - Vlad III the Impaler attempts to assassinate Mehmed II ( The Night Attack) forcing him to retreat Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. Danica Sue Patrick (born March 25, 1982 in Beloit Wisconsin) is an American Auto racing driver competing in the IndyCar Series The Indianapolis 500-Mile Race, often shortened to Indianapolis 500 or Indy 500, and historically known simply as "The 500" is an American Didn't think she'd be able to make it like that. You know, I've got one of these wonderful ideas that women should be all dressed in white like all the other domestic appliances. " (Following Danica Patrick's 2008 victory at Twin Ring Motegi, Ecclestone personally sent her a congratulatory letter). [7] Two days later, Ecclestone saw 14 of 20 cars refuse to race in the 2005 United States Grand Prix at the Indianapolis Motor Speedway. The 2005 United States Grand Prix was one of the most controversial The seven teams who refused to participate, stating concern over the safety of their Michelin tyres, requested rule changes and/or a change to the track configuration. Michelin (full name SCA Compagnie Générale des Établissements Michelin) ( based in Clermont-Ferrand in the Auvergne Région Despite a series of meetings between Ecclestone, Max Mosley, and the team principals, no compromise was reached by race time, and Ecclestone became an object of the public's frustration at the resultant six-car race. Max Rufus Mosley (born 13 April 1940 is president of the Fédération Internationale de l'Automobile (FIA a non-profit association that represents the interests of Despite his not having caused the problem, fans and journalists blamed him for failing to take control and enforce a solution, given the position of power in which he had placed himself.

On November 25, 2005 CVC Capital Partners announced it was to purchase both the Ecclestone shares of the Formula One Group (25% of SLEC) and Bayerische Landesbank's 48% share (held through Speed Investments). Events 1034 - Máel Coluim mac Cináeda, King of Scots dies Donnchad, the Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. CVC Capital Partners is one of the top 5 largest private equity firms in the world with approximately US$46 billion in funds focused on management buyouts The Formula One Group is a group of companies responsible for the promotion of the FIA Formula One World Championship The Formula One Group is a group of companies responsible for the promotion of the FIA Formula One World Championship This left Alpha Prema owning 71. 65% of the Formula One group. Ecclestone used the proceeds of this sale to purchase a stake in this new company (the exact ratio of the CVC/Ecclestone shareholding is not yet known). On December 6 Alpha Prema acquired JP Morgan's share of SLEC to increase its ownership of Formula One to 86%, the remaining 14% is held by Lehman Brothers. JPMorgan Chase & Co ( is the largest Banking institution in the United States by deposits and market capitalization and is one of the oldest operating Lehman Brothers Holdings Inc ( (pronounced ˈliːmən was a global financial-services firm prior to its bankruptcy and sale in 2008 On March 21 2006 the EU competition authorities approved the transaction subject to CVC selling Dorna, which controls the rights to MotoGP. Overview A Road Racing World Championship Grand Prix was first organized by the Fédération Internationale de Motocyclisme (FIM in 1949 CVC announced the completion of the transaction on March 28. CVC acquired Lehman Brothers share at the end of March 2006. On July 21, 2007 Bernie Ecclestone announced in the media that he would be open to discuss the purchase of Arsenal Football Club. Events 356 BC - Herostratus sets fire to the Temple of Artemis in Ephesus, one of the Seven Wonders of the World Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. As a close friend to former Director of Arsenal David Dein, it is thought that the current board of the North London based football club would prefer to sell to a British party, this after American based investment company KSE headed by "Silent" Stan Kroenke are thought to be preparing a £650 million takeover bid for Arsenal Holdings PLC.

Queens Park Rangers Football Club

On September 3, 2007 it was announced that Bernie Ecclestone (and Flavio Briatore) had bought Queens Park Rangers (QPR) Football Club. Events 36 BC - In the Battle of Naulochus, Marcus Vipsanius Agrippa, Admiral of Octavian, defeats Sextus Pompeius Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Flavio Briatore (born April 12, 1950) is an Italian businessman Queens Park Rangers Football Club is an English football club, based in Shepherds Bush in the London Borough of Hammersmith and Fulham in West London [8] In December 2007, they were joined as co-owners of QPR by multi-billionaire Lakshmi Mittal, the 4th richest person in the world, who bought 20% of the club. Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Queens Park Rangers Football Club is an English football club, based in Shepherds Bush in the London Borough of Hammersmith and Fulham in West London Lakshmi Mittal (or Lakshmi Narayan Mittal, लक्ष्मि नारायण मित्तल born 15 June 1950 is a London -based Indian [9]

Labour Party controversy

In 1997 Ecclestone was involved in a political controversy over the Labour Party's policy on tobacco sponsorship. The Labour Party is a Political party in the United Kingdom. Founded at the start of the 20th century it has been since the 1920s the principal party of the

Labour had pledged to ban tobacco advertising in its manifesto ahead of its 1997 General Election victory, supporting a proposed European Union Directive banning tobacco advertising and sponsorship. Tobacco advertising is the promotion of Tobacco use (typically Cigarette smoking) by the Tobacco industry through a variety of Results The election was fought under new boundaries with a net increase of eight seats compared to the 1992 election A directive is a legislative act of the European Union which requires member states to achieve a particular result without dictating the means of achieving [10] At this time all leading Formula One Teams carried significant branding from tobacco brands such as Rothmans, West, Marlboro and Mild Seven. Rothmans International plc was a British Tobacco manufacturer which was merged into British American Tobacco in 1998 West is a German Tobacco brand owned by the British company Imperial Tobacco. Marlboro is a brand of Cigarette made by Philip Morris USA (a branch of Altria) within the US and by Philip Morris International (now separate Mild Seven ( Japanese: マイルドセブン Mairudo Sebun; Traditional Chinese: 萬事發 Jyutping: Maan4 Si6 Faat3 Simplified Chinese The Labour Party's stance on banning tobacco advertising was reinforced following the election by forceful statements from the Health Secretary Frank Dobson and Minister for Public Health Tessa Jowell. Frank Gordon Dobson (born March 15, 1940) is a British Labour Party Politician. Tessa Jowell (born 17 September 1947 in London) is a British Politician. [11] Ecclestone appealed 'over Jowell's head' to Jonathan Powell, Tony Blair's chief of staff, who arranged a meeting with Blair. Ecclestone and Mosley, both Labour Party donors, met Blair on 16 October 1997, where Mosley argued:

"Motor racing was a world class industry which put Britain at the hi-tech edge. Deprived of tobacco money, Formula One would move abroad at the loss of 50,000 jobs, 150,000 part-time jobs and £900 million of exports. "[11]

On 4 November the "fiercly anti-tobacco Jowell" argued in Brussels for an exemption for Formula One. Events 1333 - Flood of the Arno River, causing massive damage in Florence as recorded by the Florentine chronicler Giovanni Villani Media attention initially focused on Labour bending its principles for a "glamour sport" and on the "false trail" of Jowell's husband's links to Benetton. Benetton Formula Ltd, commonly referred to simply as Benetton, was a Formula One constructor that participated from 1986 to 2001. [11] On 6 November correspondents from three newspapers inquired whether Labour had received any donations from Ecclestone; he had donated £1 million in January 1997. Events 355 - Roman Emperor Constantius II promotes his cousin Julian to the rank of Caesar, entrusting him with On 11 November Labour promised to return the money on the advice of Sir Patrick Neill. Events 308 - The Congress of Carnuntum: Attempting to keep peace within the Roman Empire, the leaders of the Tetrarchy declare [12] On 17 November Blair apologised for his government's mishandling of the affair and stated "the decision to exempt Formula One from tobacco sponsorship was taken two weeks later. Events 284 - Diocletian is proclaimed emperor by his soldiers It was in response to fears that Britain might lose the industry overseas to Asian countries who were bidding for it. "[13]

Personal life

The Sunday Times Rich List of 2003 ranked Ecclestone the 3rd richest person in the United Kingdom, with an estimated fortune of £2,400m. The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located The Pound Sterling ( symbol £; ISO code: GBP) subdivided into 100 pence (singular penny) is the Currency He fell to eighth place in 2004's Sunday Times Rich List, and by 2006 the rich list placed him 13th with an estimated net worth of £2,243m. Currently in the 2008's Sunday Times Rich List he ranks as the 24th richest person in the United Kingdom, with an estimated fortune of £2,400m. The Sunday Times Rich List 2008 was published on 27 April 2008. The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located The Pound Sterling ( symbol £; ISO code: GBP) subdivided into 100 pence (singular penny) is the Currency

In early 2004 he sold one of his London residences (Kensington Palace Gardens), never having lived in it, to steel magnate Lakshmi Mittal for £57. Kensington Palace Gardens is a street in west central London which contains some of the grandest and most expensive houses in the world A business magnate, sometimes referred to as a mogul, tycoon, baron, or industrialist, is a person who has reached a prominent place in Lakshmi Mittal (or Lakshmi Narayan Mittal, लक्ष्मि नारायण मित्तल born 15 June 1950 is a London -based Indian The Pound Sterling ( symbol £; ISO code: GBP) subdivided into 100 pence (singular penny) is the Currency 1 million, making it the most expensive house ever sold.

Ecclestone is married to Slavica Ecclestone, née Slavica Radić. Slavica Ecclestone is a former Armani model and is the wife of Formula 1 racing CEO Bernie Ecclestone. Radić was born in the town of Rijeka in Croatia in the Federal People's Republic of Yugoslavia in 1958. Rijeka (other Croatian dialects Rika and Reka, Reka Italian and Hungarian: Fiume, Sankt Veit am Pflaumb is Croatia (Hrvatska ˈxȓvatska officially the Republic of Croatia ( Republika Hrvatska) is a southern Central European country at the crossroads between The Socialist Federal Republic of Yugoslavia ( Serbo-Croatian, Bosnian, Croatian, Serbian, Slovene, Macedonian: She is a 6'2" (1. 88 m) former Armani model who is 28 years his junior, and 11. Giorgio Armani SpA is an Italian fashion company The company designs and manufactures products in several categories including fashion accessories apparel cosmetics 5 inches (29 cm) taller than her husband). [14] The couple have two daughters, Tamara Ecclestone (born 1984) and Petra Ecclestone (born 1988). Tamara Ecclestone (born 1984 is a model/TV presenter and the socialite daughter of Bernie and his Croatian born wife Slavica Ecclestone. Year 1984 ( MCMLXXXIV) was a Leap year starting on Sunday (link displays the 1984 Gregorian calendar) Year 1988 ( MCMLXXXVIII) was a Leap year starting on Friday (link displays 1988 Gregorian calendar)

Complete Formula One World Championship results

(key)

Year Entrant Chassis Engine 1 2 3 4 5 6 7 8 9 10 11 WDC Points
1958 B C Ecclestone Connaught Type B Alta Straight-4 ARG MON
DNQ		 NED 500 BEL FRA GBR
DNQ*		 GER POR ITA MOR - 0

* car raced by Jack Fairman

Notes

  1. ^ a b c d e f Tremayne, David [1996]. The 1958 Formula One season included the 9th FIA Formula One World Championship season which commenced on January 19, 1958, and ended on Connaught Engineering, often referred to simply as Connaught, was a Formula One and sports car constructor from Britain. The Alta Car and Engineering Company was a sports and Racing car manufacturer from England, commonly known simply as Alta. The straight-4 or inline-4 engine (often abbreviated I4 or L4) is a four cylinder Internal combustion engine with all four cylinders The 1958 Argentine Grand Prix was a Formula One race held on 19 January 1958 at Buenos Aires. The 1958 Monaco Grand Prix was a Formula One race held on 18 May 1958 at Monaco. The 1958 Dutch Grand Prix was a Formula One race held on 26 May 1958 at Zandvoort. The 1958 Indianapolis 500 was held on Friday May 30, 1958 at Indianapolis Motor Speedway. The 1958 Belgian Grand Prix was a Formula One race held on 15 June 1958 at Spa-Francorchamps. Results from the 1958 Formula One French Grand Prix held at Reims-Gueux on July 6, 1958: Classification The 1958 British Grand Prix was a Formula One race held on 19 July 1958 at Silverstone. The 1958 German Grand Prix was a Formula One race held on 3 August, 1958 at Nürburgring. Results from the 1958 Formula One Portuguese Grand Prix held at Circuito da Boavista, Oporto on August 24, 1958 Results from the 1958 Formula One Italian Grand Prix held at Monza on September 7, 1958 Classification Results from the 1958 Formula One Moroccan Grand Prix held at Ain-Diab Circuit, Casablanca on October 19, 1958 Jack Fairman (born 15 March[[ 913]] Horley - died 7 February 2002, Rugby) was a British Racing driver from England David Tremayne is a UK based motor racing journalist He has written extensively about the Land Speed Record. Formula One: A Complete Race by Race Guide, 1st Edition, Avonmouth, Bristol, United Kingdom: Parragon Book Service, pp. Avonmouth is a port and suburb on the Severn Estuary, at the mouth of the River Avon. Bristol ( ˈbrɪstəl is a city, Unitary authority and ceremonial county in South West England, west of London The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom, the UK or Britain,is a Sovereign state located 8. ISBN 0-75251-762-7. Retrieved on 2008-03-01. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 86 BC - Lucius Cornelius Sulla, at the head of a Roman Republic army enters in Athens, removing the Tyrant  
  2. ^ Lawrence (1999) p. 116 Tauranac claims that Ecclestone initially offered £130,000, but lowered the offer at the last minute. Ecclestone denies that this happened. Lovell (2004) pp. 32-33
  3. ^ Legal blow for Ecclestone. ITV F1 (2004-12-07). "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " Events 43 BC - Marcus Tullius Cicero assassinated 1696 - Connecticut Route 108, one of the oldest highways Retrieved on 2008-03-01. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 86 BC - Lucius Cornelius Sulla, at the head of a Roman Republic army enters in Athens, removing the Tyrant
  4. ^ Bernie defiant. ITV F1 (2004-12-06). "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " Events 1060 - Béla I of Hungary is crowned king of Hungary 1240 - Mongol invasion of Rus: Kiev Retrieved on 2008-03-01. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 86 BC - Lucius Cornelius Sulla, at the head of a Roman Republic army enters in Athens, removing the Tyrant
  5. ^ Bernie offers £260m payday. ITV F1 (2004-12-07). "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " Events 43 BC - Marcus Tullius Cicero assassinated 1696 - Connecticut Route 108, one of the oldest highways Retrieved on 2008-03-01. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 86 BC - Lucius Cornelius Sulla, at the head of a Roman Republic army enters in Athens, removing the Tyrant
  6. ^ Ecclestone to remain in charge. ITV F1 (2004-12-22). "MMIV" redirects here For the Modest Mouse album see " Baron von Bullshit Rides Again " Events 1790 - The Turkish fortress of Izmail is stormed and captured by Suvorov and his Russian armies Retrieved on 2008-03-01. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 86 BC - Lucius Cornelius Sulla, at the head of a Roman Republic army enters in Athens, removing the Tyrant
  7. ^ McEntegart, Pete (2005-06-20). Year 2005 ( MMV) was a Common year starting on Saturday (link displays full calendar of the Gregorian calendar. Events 451 - Battle of Chalons: Flavius Aetius ' defeats Attila the Hun. The 10 Spot: June 20, 2005. Sports Illustrated. Retrieved on 2008-03-01. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 86 BC - Lucius Cornelius Sulla, at the head of a Roman Republic army enters in Athens, removing the Tyrant  “6. Formula One's planned invasion of the U. S. market will have to wait a few years, or perhaps forever, after a disastrous weekend at the Indianapolis Motor Speedway. Leading up to the event, F-1 chief Bernie Ecclestone was lauding the recent Indy 500 performance by Danica Patrick before he wrapped his foot around his tonsils. "You know," he told reporters, "I've got one of these wonderful ideas that women should all be dressed in white like all the other domestic appliances. " Then 14 of the 20 cars in Sunday's "race" refused to participate, pulling off the track just before the start because F-1 officials declined to allow them to replace their Michelin tires, which were deemed too dangerous for Indy's high-banked final turn. Many in the crowd of 100,000 headed for the exits soon after, and police were called in to prevent a near-riot from fans demanding refunds at the ticket office. It's nice to see that the ineptitude of those running sports leagues isn't limited to North America. ”
  8. ^ CLUB STATEMENT. QPR (2007-09-03). Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Events 36 BC - In the Battle of Naulochus, Marcus Vipsanius Agrippa, Admiral of Octavian, defeats Sextus Pompeius Retrieved on 2008-03-01. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 86 BC - Lucius Cornelius Sulla, at the head of a Roman Republic army enters in Athens, removing the Tyrant
  9. ^ QPR could be Chelsea, claims Leicester boss Holloway. Daily Mail (2007-12-22). Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Events 1790 - The Turkish fortress of Izmail is stormed and captured by Suvorov and his Russian armies Retrieved on 2008-03-01. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 86 BC - Lucius Cornelius Sulla, at the head of a Roman Republic army enters in Athens, removing the Tyrant
  10. ^ Timeline: Smoking and disease. bbc. co. uk (2007-06-30). Year 2007 ( MMVII) was a Common year starting on Monday of the Gregorian calendar in the 21st century. Events 350 - Roman usurper Nepotianus, of the Constantinian dynasty, is defeated and killed by troops of the Usurper Retrieved on 2008-03-21. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 630 - Byzantine emperor Heraclius restores the True Cross to Jerusalem.
  11. ^ a b c Rawnsley, Andrew (2001). Andrew Nicholas James Rawnsley (born January 5, 1962) is a British political journalist and broadcaster Servants of The People. London: Penguin Books. ISBN 0-140-27850-8.  
  12. ^ "How the Ecclestone affair unfolded", BBC News, BBC, 2000-09-22. 2000 ( MM) was a Leap year that started on Saturday of the Common Era, in accordance with the Gregorian calendar. Events 66 - Emperor Nero creates the Legion I Italica. 1236 - The Lithuanians Retrieved on 2008-03-22. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 238 - Gordian I and his son Gordian II are proclaimed Roman emperor.  
  13. ^ "Blair apologises for mishandling F1 row", BBC News, BBC, 1997-11-17. Year 1997 ( MCMXCVII) was a Common year starting on Wednesday (link will display full 1997 Gregorian calendar Events 284 - Diocletian is proclaimed emperor by his soldiers Retrieved on 2008-03-22. 2008 ( MMVIII) is the current year in accordance with the Gregorian calendar, a Leap year that started on Tuesday of the Common Events 238 - Gordian I and his son Gordian II are proclaimed Roman emperor.  
  14. ^ Lovell (2004) p. 345

References

External links

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