News Details
Maffei: I heard Bernie call grand prix hosts ‘the victims'
Liberty Media CEO Greg Maffei has shed some light on the callous business methods used by deposed Formula 1 supremo, Bernie Ecclestone, during his reign at the helm of the sport. Speaking to media, at the Deutsche Bank 2017 Media & Telecom Conference in Florida, Maffei revealed, 'It's our job to do far more to help the promoters be successful. Bernie's attitude was: how much can I extract from them, how much up front? I heard him call them the victims.' 'So we ended up with races like Baku in Azerbaijan where they paid us a big race free but [the organiser] does nothing to build the long term brand and help the business.' The Azerbaijan government will spend an estimated...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media's Maffei slams Baku for adding no value...
XPB Images
Liberty Media CEO Greg Maffei believes Formula 1's...
8y ago from F1i.com
Maffei doesn't rule out engine change
Round about the time that FIA President Jean Todt was ruling out a return...
8y ago from Pitpass.com
Ferrari buys in to Liberty Media; US TV ratings may...
F1 News Ferrari buys in to Liberty Media; US TV ratings may justify...
8y ago from Formula1Blog.com
Ecclestone ‘not treated well' by Liberty Media
Flavio Briatore has claimed new Formula One owners Liberty Media have...
8y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Superbike legend Toprak Razgatlioglu signs with Pramac...
No description available...
5h ago from Motorsport.com
WorldSBK champion Toprak Razgatlioglu switches to...
After years of speculation, two-time WorldSBK champion Toprak...
7h ago from MotorsportWeek.c...
Pedro Acosta admits fourth at Aragon MotoGP ‘not...
Despite matching his best result of the 2025 MotoGP season, Pedro Acosta...
13h ago from MotorsportWeek.c...
Nicolo Bulega agrees Ducati WorldSBK contract...
Ducati announces Nicolo Bulega has signed new contract which sees him...
11h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Louis Foster gains new sponsor for rest of IndyCar...
Rahal Letterman Lanigan Racing rookie Louis Foster will sport a new look...
1h ago from MotorsportWeek.c...
AJ Foyt Racing fined $25K, lose championship points...
No description available...
1w ago from Motorsport.com
Louis Foster reveals likely cause of scary 180MPH...
On lap 84 of Sunday’s Detroit Grand Prix, Louis Foster was involved in...
1w ago from MotorsportWeek.c...
Santino Ferrucci issued post-race penalty but keeps...
The NTT IndyCar Series has issued a penalty to the #14 entry of Santino...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
FIA approves updated bodywork rules for WRC 2027...
No description available...
8h ago from Motorsport.com
Sebastien Ogier stays aloof from WRC title fight...
No description available...
2d ago from Motorsport.com
Amid losing streak, Hyundai accepts “consequences”...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
'It appears' Arsenal are set to finalise 'fantastic'...
Arsenal appear set to complete the signing of Chelsea goalkeeper Kepa...
2h ago from CaughtOffside.com
New: Arsenal ready to walk away from Sesko talks,...
Arsenal have set a deadline for the Benjamin Sesko transfer negotiations...
2h ago from CaughtOffside.com
Arsenal column: What's holding up Benjamin Sesko...
Benjamin Sesko signs are positive, but it's not done yet Another week has...
4h ago from CaughtOffside.com
Furious Manchester United and Arsenal target rejects...
Viktor Gyokeres has reportedly rejected a stunning contract from the Saudi...
4h ago from SportsKeeda.com
Comments
Hottest News
Hamilton shares adorable Roscoe photo as pair celebrate...
Roscoe Hamilton, companion of seven-time world... Read More »
1h ago from GPFans.com
Hamilton Ferrari start compared to Schumacher with shock...
Seven-time F1 world champion Lewis Hamilton's... Read More »
3h ago from GPFans.com
Russell says F1 fans would be ‘unhappy' with Raikkonen
Jun.10 Finnish newspapers are not impressed... Read More »
13h ago from OneStopStrategy.com
