Menu
Download the app

SBJ subscribers – Enhance your experience with the revamped iOS app

Leagues and Governing Bodies

F1 CEO Bernie Ecclestone Vows Revenge Against Critics Following $100M Settlement

F1 CEO Bernie Ecclestone has "promised to get even with critics who predicted his downfall from a bribery trial, which he settled earlier this month," according to Christian Sylt for the London INDEPENDENT. He paid $100M to prosecutors in Germany to "put the brakes on charges that he paid a bribe to steer the sale of Formula One" to his preferred buyer, CVC. Ecclestone: "Now I am in a position where I have got a little bit more time and I shall follow my old idea in life: 'Don’t get mad, get even.' I haven't got mad but I’m going to get even." He said that "high on his list is Dieter Hahn, a German businessman on the board of media rights company Constantin Medien." The settlement "paves the way" for CVC to sell its 35% stake in the sport. According to recent reports, "possible buyers include Virgin Media's owner Liberty Global, Disney" and Ecclestone himself. He said, "Disney is a nice company. Nice people. Lots of people have looked at buying Formula One. Until they start looking at what they have got to pay, it is coffee-shop talk" (INDEPENDENT, 8/28).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. 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/2014/08/29/Leagues-and-Governing-Bodies/Ecclestone-Revenge.aspx

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

https://www.sportsbusinessjournal.com/Global/Issues/2014/08/29/Leagues-and-Governing-Bodies/Ecclestone-Revenge.aspx

CLOSE