F1 sold to Liberty Media. Bernie Out?

[ChrisDanger]

Forbes have reported that F1 has been sold to Liberty Media, and Eddie Jordan is saying Bernie could be out when the deal is signed on Tuesday. [-o<

The long-awaited sale of Formula One auto racing to John Malone’s Liberty Media conglomerate has crossed the finish line according to senior sources close to the deal.

One said that all terms have been agreed and all that remains is the formality of signing. “It is being signed on Tuesday,” he says with another adding that “it is going to happen. It is as done as it can be.”

[DiogoBrand]

The news I got says that he'll continue with his post and will be able to decide his own role.

[Sevach]

Last time F1 was sold, Bernie made sure his job was secure before putting ink on paper, i expect nothing different this time.

[OneAlex]

As much as I would like Bernie to leave (and for all we knock Eddie he does get these things right a lot), I really can't imagine him ever leaving. Or indeed giving up his grip on the mortal world:



I doubt you'd find anyone who much likes CVC, but my concern is, in an increasingly commercialised and -let's face it - evil, world, are any new owners going to be much better?

Even with the sums involved (which don't seem that much compared to F1's yearly figures), I can't imagine Bernie and CVC agreeing to do business with any group that didn't have a general aura of malignant darkness around them.


So long as they don't restrict the free airing of F1 even more than it already is, or try to wrangle even more cash out of a sport when the second half of the grid particularly needs more of the profits not less.

[bhall II]

I'd be a bit surprised if Ecclestone is shown the door.

Liberty Media has owned my hometown baseball team for the last ten years, and the company has more or less maintained a hands-off approach to day-to-day operations. Ordinary turnover notwithstanding, the executives who ran the team pre-Liberty are the executives who run the team now.

Also worth mentioning: Liberty has never imposed payroll restrictions and has demonstrated a willingness to make significant capital investments in order to improve the long-term health of the team ($762 million toward the construction of a new ballpark).

[can]

I read on the german website Autobild.de that Liberty is running and owning the Formula E.

Formula E is doing many things right currently. The CEO Agag might be following Berni.
And they will work out a social media strategy and reduce the payments of the racetrack owners.
Besides that they want lower gap between the financial contributions of the F1 Teams.
All quotes from the autobild.de article, there is also a pretty similar AMuS article.

At the moment it is so bad, i am sure anything would be better and a big chance.

Berni, Charlie Whiting and Herbie Blesh out => 2017 could be a real total restart.
Maybe someday i could stop feeling like strange Nerd, when tell somebody that
i am into F1. Today (in Germany) being an F1 Fan could make you sometimes quite
lonely, especially on some Sunday afternoons

[PlatinumZealot]

Bernie is too clever to sell him self out of power.

[ChrisDanger]

A direct quote from The Telegraph: "Ecclestone described reports of a deal as 'b------t'."

And Donald Mackenzie, the chairman of current owner CVC, said “I would be very surprised if there was any announcement this week."

So it looks like even the sale is not so certain.

[Cold Fussion]

Surely such vociferous denials are a sure fire sign the deal is going ahead.

[Vasconia]

Today (in Germany) being an F1 Fan could make you sometimes quite
lonely, especially on some Sunday afternoons

This sounds quite sad when you take into account that you have German drivers in some of the best teams.

[Vasconia]

As much as I would like Bernie to leave (and for all we knock Eddie he does get these things right a lot), I really can't imagine him ever leaving. Or indeed giving up his grip on the mortal world:

https://s3media.247sports.com/Uploads/A ... 983567.png

I doubt you'd find anyone who much likes CVC, but my concern is, in an increasingly commercialised and -let's face it - evil, world, are any new owners going to be much better?

Even with the sums involved (which don't seem that much compared to F1's yearly figures), I can't imagine Bernie and CVC agreeing to do business with any group that didn't have a general aura of malignant darkness around them.


So long as they don't restrict the free airing of F1 even more than it already is, or try to wrangle even more cash out of a sport when the second half of the grid particularly needs more of the profits not less.

Hahahahaha I was thinking on the same image.

It would be good to see Bernie out but perhaps the next one could be worse so I dont know what I really want...

[ChrisDanger]

Bernie being weird and Brundle's thoughts on this.

[lebesset]

read joe saward

[ChrisDanger]

If you read Joe Saward's blog post "Notebook from the hotel lobby" you'll find inamongst all the complaining and judgements of character he mentions in one small paragraph overhearing Donald McKenzie telling Ron Dennis that Monza is his "last race," which indicates that the sale is definitely on.

Fixed that for you.

[NL_Fer]

If F1 is gonna take the Formula E media route, will their be fanboost for Kimi, Max and Alonso?