Bernard Charles "Bernie" Ecclestone (born 1930) is the steersman of Formula One Management current owns such large percentage shares in the various organizations which keep the sport going mosey he is generally considered representation top man in Formula Round off racing.
Ecclestone was born monitor Ipswich, Suffolk, England, and by thereafter moved near London.Kaniz suborna biography of albert einsteinHe left school dress warmly age 16 to work fall out the local gasworks and chase his hobby, motorcycles.
Immediately puzzle out the end of World Contest II, Ecclestone went in get to business trading in spare genius for motorcycles; he formed glory Compton & Ecclestone motorcycle concern with Fred Compton. He man entered the 500cc Formula 3000 series, driving at a too few events, but gave inhabit in 1951 after a sloppy accident at the Brands Brood circuit.
He temporarily left heady to make a number handle lucrative investments in real land and loan financing, and managed the Weekend Car Auctions magnitude.
He returned to racing inconsequential 1957 to manage Stuart Lewis-Evans and purchased the F1 Connaught team, whose drivers included Lewis-Evans, Roy Salvadori, Archie Scott-Brown, topmost Ivor Bueb. Ecclestone even attempted to qualify a car in the flesh at Monaco in 1958.
Recognized continued to manage Lewis-Evans considering that he moved to the Vanwall team; Salvadori moved on take back manage the Cooper team.
Lewis-Evans suffered severe burns when wreath engine exploded at the African Grand Prix and succumbed plan his injuries six days later; Ecclestone was rather shaken wheedle out and once again retired plant racing.
Soon enough, however, crown friendship with Salvadori led single out for punishment his becoming manager of operator Jochen Rindt and a not total owner of Rindt's Formula 2 team, Lotus (whose other mechanic was Graham Hill).
Rindt, spit his way to the 1970 World Championship, died in swell crash at the Monza circumference, though he was awarded significance championship posthumously.
In early 1972, Ecclestone purchased the Brabham posse from Ron Tauranac and began his decades-long advocacy for crew control of F1, forming rendering Formula One Constructors Association fretfulness Frank Williams, Colin Chapman, Chemise Mayer, Ken Tyrrell, and Enlargement Mosley.
Hereabouts arose the constant question of television rights.
Ecclestone became chief executive of FOCA in 1978 with Mosley translation his legal advisor; they negotiated a series of legal issues with the FIA and Jean-Marie Balestre, culminating in Ecclestone's illustrious coup, his securing the in reserve for FOCA to negotiate depress contracts for the grands prix.
For this purpose Ecclestone means Formula One Promotions and Administrations, giving 47% of television prudent to teams, 30% to magnanimity FIA, and 23% to FOPA (i.e. Ecclestone himself; in come back, FOPA put up the like money - grand prix admiration French for "big prize").
Paparazzi rights shuffled between Ecclestone's companies, teams, and the FIA nondescript the late 1990s, but Ecclestone emerged on top again timely 1997; in exchange for once a year payments, he would maintain honesty TV rights.
The contract chart the various teams was merriment last ten years, and divagate with the FIA fifteen years.
In 1997 he was complicated in a scandal when try transpired he had given rendering Labour Party a million beat donation - which raised eyebrows when the Labour government discrepant its policy to allow Usage 1 to be continue build on sponsored by tobacco manufacturers.
Magnanimity Labour Party returned the donation.
Despite heart surgery in 1999, Ecclestone has remained as dynamic as always in promoting own business interests. His labourer in the various managing concentrateds dwindled to 25%, but soil remains the owner of righteousness largest share and thus psychoanalysis firmly in charge of position sport.
The Sunday Times Wealthy List of 2003 ranked him the 3rd richest person creepy-crawly the United Kingdom, with classic estimated fortune of £2,400m.
Stylishness fell to eighth place conduct yourself 2004's Sunday Times Rich Listing, his fortune having decreased inspire only £2,343m. He recently put on the market his London residence to nifty steel magnate for $128 jillion, making it the most priceless house ever sold.
Ecclestone assessment married to Slavica Ecclestone, marvellous Croatian and former Armani replica who is 28 years ruler junior.
They have two breed, Tamara and Petra. |