News Details

CVC backs Ecclestone and appoints Montezemolo to F1 board

Bernie Ecclestone with Luca di Montezemolo CVC Capital Partners, the controlling shareholder of the Formula One Group, has announced the appointment of former Ferrari chairman Luca di Montezemolo and former Diageo chief executive Paul Walsh to the board, and confirmed that Bernie Ecclestone will continue as the sport’s chief executive. CVC made the announcement Thursday following weeks of speculation surrounding the future make-up of the governance of F1. Walsh had been linked to becoming the new chairman of the Formula One Group, an appointment that has been interpreted as one that would weaken Ecclestone’s powerbase. Recent reports had suggested that Peter Brabeck-Letmathe, who also...
Full Story »
10y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Ecclestone, Di Montezemolo reappointed to F1 board

Bernie Ecclestone has been reappointed to the board of Formula 1's...
10y ago from TheF1Times.com

Ecclestone re-appointed to F1 board

Bernie Ecclestone has been formally reappointed to the Formula 1 board...
10y ago from F1Zone.net

Ecclestone formally reappointed to F1 board

– Bernie Ecclestone has been reappointed to the Formula 1 board and...
10y ago from GPUpdate.net

Bernie Ecclestone back on F1 board

Bernie Ecclestone has been re-appointed to the Formula One board and...
10y ago from SuperSport.com

Elsewhere On The Network

Popular On MGPToday.com

Motegi remains on MotoGP calendar through 2030

MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...

Marco Bezzecchi explained what ‘key moment' he...

Marco Bezzecchi explained his first lap was the "key moment"...

Popular On IndyCarToday.com

O’Ward explains the multiple steps that came...

Pato O’Ward won Sunday’s IndyCar race from the streets of Toronto,...

Kyffin Simpson’s confidence ‘very high right...

When Kyffin Simpson crossed the finish line in Sunday’s Honda Indy...

Popular On TotalWRC.com

Popular On GunnersToday.com

Fabrizio Romano explains why Liverpool & Arsenal...

Fabrizio Romano has reported that Newcastle United striker Alexander Isak...
22m ago from CaughtOffside.com

'100% done' – Fabrizio Romano provides details...

Arsenal have a verbal agreement '100% done' for the transfer of Sporting...
1h ago from CaughtOffside.com

Why did Arsenal vs AC Milan pre-season clash go into...

Arsenal defeated AC Milan 1-0 in the normal time of their pre-season...
1h ago from SportsKeeda.com

“Hulk” - Reiss Nelson gives new nickname to...

Arsenal winger Reiss Nelson recently gave a new nickname to teammate Kai...
1h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.