Menu
Leagues and Governing Bodies

Mercedes Says Bernie Ecclestone Should Go If Charged With Bribery

If F1 CEO Bernie Ecclestone is charged with bribery "as expected," automotive corporation Daimler AG and subsidiary Mercedes "want to instigate a discussion about the early elimination of the 81-year-old from F1," according to Klaus Ott of SÜDDEUTSCHE ZEITUNG. In these circumstances, Daimler wants to have a "discussion with other teams and sponsors about Ecclestone's future as F1 CEO." Daimler's management has already discussed in detail what to do with Ecclestone if he will be charged with bribery. Mercedes said that it "will not wait for a month-long process but rather do something." Ecclestone "would have to leave the racing series if he is convicted of bribery." Daimler and Mercedes took precaution measures in this regard and made sure to include such a clause in Mercedes' new contract with F1. The new agreement, which takes effect in '13, includes new compliance rules that were adopted from Daimler's in-house guidelines. Mercedes was also able to negotiate some rights in its new contract. Company sources said that those rights include "detailed information, searching of documents, and above all Mercedes can demand personnel changes, if an F1 manager is convicted of breaking a law." If a manager keeps his position, Mercedes has a special right of contract termination (SÜDDEUTSCHE ZEITUNG, 10/13).

SBJ Morning Buzzcast: April 25, 2024

Motor City's big weekend; Kevin Warren's big bet; Bill Belichick's big makeover and the WNBA's big week continues

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2012/10/16/Leagues-and-Governing-Bodies/Mercedes-Ecclestone.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2012/10/16/Leagues-and-Governing-Bodies/Mercedes-Ecclestone.aspx

CLOSE