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
Maverick Vinales tops the timesheets at Aragon MotoGP...
Tech3 KTM rider Maverick Vinales topped the timesheets after breaking the...
9h ago from MotorsportWeek.c...
Rider radios tried again in Aragon MotoGP test
No description available...
13h ago from Motorsport.com
Francesco Bagnaia: Aragon MotoGP podium result feels...
A third-place finish for Francesco Bagnaia "felt like a...
15h ago from MotorsportWeek.c...
Winners and losers from MotoGP's 2025 Aragon GP
No description available...
18h ago from Motorsport.com
Popular On IndyCarToday.com
AJ Foyt Racing fined $25K, lose championship points...
No description available...
1w ago from Motorsport.com
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...
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...
Detroit GP expected to remain downtown amid potential...
Following the conclusion of the Detroit Grand Prix, organizers have...
4d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Sebastien Ogier stays aloof from WRC title fight...
No description available...
1d ago from Motorsport.com
Redemption for Ogier
One year on from losing victory on the final stage of Rally Italia...
1d ago from MotorsportWeek.c...
Sebastien Ogier takes record-breaking WRC Sardinia...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal & Manchester United target 'furious' with...
Sporting Lisbon striker Viktor Gyokeres is reportedly 'furious' at his...
11m ago from CaughtOffside.com
Bukayo Saka overcomes self-doubt to return ‘more...
land and Arsenal forward struggled after 5am surgery on Christmas Eve but...
7h ago from TheGuardian.com
Tuchel: Liverpool, Arsenal have 'huge' PL title...
Thomas Tuchel says Liverpool and Arsenal will have a "huge"...
7h ago from SkySports.com
Arsenal latest: 'Al-Hilal to turn to Sesko if Osimhen...
No description available...
11h ago from SkySports.com
Comments
Hottest News
F1 News Today: Lewis Hamilton pleads for more time with...
Lewis Hamilton made a plea for more time to... Read More »
21m ago from GPFans.com
F1 News Recap: Verstappen retirement claim as Horner feud...
Four-time F1 champion Max Verstappen is set to... Read More »
7h ago from GPFans.com
George Russell reveals 'real reason' why Lewis Hamilton...
George Russell has joked that Lewis Hamilton's... Read More »
12h ago from GPFans.com
