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SBD Global/November 27, 2012/Leagues and Governing Bodies
F1 Plans For Future Without Bernie Ecclestone, Interim CEO Plan Already In Place
Published November 27, 2012
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NO PLANS TO RETIRE: In London, Milmo & Sylt reported Ecclestone insisted that "he had no plans to retire, but warned that the sport risks being thrown into turmoil when he decides to give up the wheel because of the likelihood he will be followed out the door by key personnel and several races." Ecclestone said, "One day, I'm not going to be there, and one of the biggest problems is I've got really, really good relationships with the race promoters. A few of them said to me, 'if you're not there, we're not there.' That's what the danger is. They feel that they trust me and wouldn't want to let me down. That's probably a very important issue. I think about retiring but I'm not going to do it. What would I do?" Asked about the accusations against him, the 82-year-old said he is "absolutely not guilty" of paying a bribe and the banker had been "shaking him down" (INDEPENDENT, 11/24).