|Chairman Emeritus, Formula 1
|Position Last Year
Bernie Ecclestone (born 28 October 1930) is a British business magnate. He is the former chief executive of the Formula One Group, which manages Formula One and controls the commercial rights to the sport, and part-owns Delta Topco, the previous ultimate parent company of the Formula One Group. As such, he was commonly described in journalism as ‘F1 Supremo’.
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Ecclestone entered two Grand Prix races as a driver, during the 1958 season, but failed to qualify for either of them. Later he became manager of drivers Stuart Lewis-Evans and Jochen Rindt, both of who died during racing events. In 1972, he bought the Brabham team, which he ran for fifteen years. As a team owner, he became a member of the Formula One Constructors Association.
His control of the sport, which grew from his pioneering the sale of television rights in the late 1970s, was chiefly financial, but under the terms of the Concorde Agreement, he and his companies also managed the administration, setup and logistics of each Formula One Grand Prix, making him one of the richest men in the United Kingdom.
On 23 January 2017, it was announced that Ecclestone had been replaced by Chase Carey as chief executive of the Formula One Group, though he has been appointed as chairman emeritus and will act as an adviser to the board.
Ecclestone and business partner Flavio Briatore also owned the English football club Queens Park Rangers between 2007 and 2011.
Bernie Ecclestone turned down a knighthood in the early 2000s as he did not believe that he deserved it. In a 2019 interview, he stated that if he had brought some good to the country, he was glad, but he did not set out with this purpose in mind, so did not deserve recognition.prev View full list next