England Refuses To Make Concessions Evergrande Gets Back To Property Market Nike To Post Weak Results On Home Court Durham Facing Points Deduction, Relegation Citic Group Close To Celta Vigo Takeover Oman FA Names Coke Official Sponsor Footy Friday To Cost Victoria A$1B BCCI Says IPL Worth $4.5 Billion Liberty's F1 Takeover Faces Roadblock Karlsruhe Reports €2.2M Profit
Enter amount in full numerical value, without currency symbol or commas (ex: 3000000).
SBD Global/December 4, 2012/Finance
F1 Makes Money From Collapsed Theme Park Project In Dubai
Published December 4, 2012
AGE MATTERS: In London, Tom Cary reported Ferrari President Luca di Montezemolo "has hit back at Bernie Ecclestone, suggesting F1's CEO is now too old to be in control of what he is saying." Ecclestone last week criticized the Italian team "for querying an overtaking move by Red Bull’s Sebastian Vettel." Ecclestone said that the furore was "a complete joke." Montezemolo "has now hit back at Ecclestone personally." Speaking over the weekend, Ferrari's president criticized "the current lack of testing in F1 and lack of opportunities for younger drivers before aiming a barb at Ecclestone himself." Montezemolo said, "Since some people have used the expression 'It's a joke' in recent days, I would like to say that this is the real 'joke.' My father always taught me that you have to have respect your elders, above all when they reach the point that they can no longer control their words. So I will stop there" (TELEGRAPH, 12/3).