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Bernie Meets Resistence to His rule

By Marc • October 27, 2004

The Formula One empire built under the watchful eye of Bernie Ecclestone is being attacked from within. GPWC Holdings, which includes BMW, Ferrari Maserati, Renault and DaimlerChrysler the four largest and most influential manufacturers in the sport have announced they would set up a rival world championship series by 2008

“We have been more than patient with the management and governance of formula one but recent developments have underlined the need for a structure which guarantees a stable and prosperous future,” said J

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2 Responses to “ Bernie Meets Resistence to His rule ”

  1. George Oct 31st, 2004 at 10:08 am

    I still think this a master con game with Bernie in it up to his eyeballs. The objective is to bankrupt the current F1 organization (SLEC) run by Bernie, but owned by the banks. Start all over with a new FIA mandate and divy up the new found cash amongst the teams. I know, my conspiracy tendancies can sometimes get away from me!

  2. marc Nov 2nd, 2004 at 5:32 am

    It would be hard to place anything out of the realm of possibility for Bernie. He is the master of political and financial manuvers.

    At the moment I don’t remember the name, but their is an Arab gentleman that is also making a few rumbles about a new F1 circuit starting in ‘06 or ‘07.