Frontpage   |   Twitter   |   Photos   |   Game   |   Standings Wednesday 26 April 2017
 
Wednesday 28 December at 07:35
Liberty not offering teams voting power - report
Font size:
Wednesday 28 December at 07:35 : Dec.28 (GMM) F1 teams are being offered shares in the sport but not voting rights, according to Germany's Auto Motor und Sport.

Correspondent Michael Schmidt said new owners Liberty Media are keen for the teams to take 20 per cent ($800 million) of the commercial rights, with the end of January as a deadline for their decision.

"Liberty has good reasons to invite the teams," Schmidt wrote. "Shareholders will not leave overnight.

"But the deal has a catch. Although the teams will benefit from the earnings and will get a seat on the board, they will not vote.

"When it comes to new strategies, regulations, marketing campaigns, the distribution of money or the appointment of the CEO, Liberty will not include the teams," he added.

Also uncertain about F1's future is the ongoing involvement of Bernie Ecclestone.

F1 legend Sir Jackie Stewart told the Swiss newspaper Sonntagsblick: "There will never, ever be another Bernie Ecclestone.

"He is unique in the whole world of sport -- no man has ever made as much money, for himself and for everyone else."

So with the 86-year-old F1 supremo's future uncertain for the new era, Stewart insisted: "Liberty needs to find a solution.

"When Pete Rozelle died, everyone thought it was the end of the NFL. But it grew even bigger and better, because the new people brought a different culture and new methods.

"But at the moment there are not many things you can do (in F1) without Bernie. If he cooperates with the new owners, it will be great, including for the fans, who must move back into the foreground," Stewart added.
RELATED NEWS ITEMS
26-04 F1 could 'lose' Brazil GP - Ecclestone
26-04 F1 bans 'shark fins' for 2018
24-04 F1 could scrap engine rule tweak for 2018
21-04 F1 looking for new German GP home - Carey
19-04 Stroll not getting down about 2017 so far
18-04 Indy 500 deal 'not my idea' - Boullier
18-04 Team orders approach has changed - Wolff
 
NEXT RACE 26 March 2017
Grand Prix of Australia (5,303 m)
Melbourne, Albert Park Circuit
Last Winner: Nico Rosberg
TV schedule
Friday - practice 1
12:30 - 14:00

Friday - practice 2
16:30 - 18:00

Saturday - practice 3
14:00 - 15:00

Saturday - qualification
17:00 - 18:00

Sunday - race
16:00

Friday - practice 1

Friday - practice 2

Saturday - practice 3

Saturday - qualification

Sunday - race

STANDINGS 2016
Driver championship
1.Vettel68
2.Hamilton61
3.Bottas38
Constructors championship
1.Ferrari102
2.Mercedes99
3.Red Bull47
FACEBOOK
TWITTER
www.ReserveDeler24.CO.NO
autoverzekering - Pricewise
 
RECENT PHOTO'S
Max Verstappen, Daniel Ricciardo, Felipe Massa, Bahrein Sun Christian Horner, Bernie Ecclestone, Bahrein Sunday 2017 Max Verstappen, Red Bull, Bahrein Sunday 2017 Max Verstappen, Red Bull, Bahrein Sunday 2017 Max Verstappen, Red Bull, Bahrein Sunday 2017 Max Verstappen, Red Bull, Bahrein Sunday 2017 Max Verstappen, Red Bull, Bahrein Sunday 2017 Max Verstappen, Red Bull, Bahrein Sunday 2017
Daniel Ricciardo, Red Bull, Bahrein Sunday 2017 Daniel Ricciardo, Red Bull, Bahrein Sunday 2017 Daniel Ricciardo, Red Bull, Bahrein Sunday 2017 Daniel Ricciardo, Red Bull, Bahrein Sunday 2017 Daniel Ricciardo, Red Bull, Bahrein Sunday 2017 Daniel Ricciardo, Red Bull, Bahrein Sunday 2017 Sebastian Vettel, Ferrari, Bahrein Sunday 2017 Sebastian Vettel, Ferrari, Bahrein Sunday 2017
Copyright ©2017 Onestopstrategy.com   |   Powered by PGL Media About us    |    Contact    |    Advertising    |    Vacancies    |    Privacy Statement