News Details

Reader Rights: Follow the money!

Follow the money! One of my business rules. Seems simple, but with it you identify customers, suppliers, and added value of any company. Very powerful. In F1 it’s all about the money. Mr Bernie Ecclestone became a billionaire through F1, and according to Ken Tyrrell, by selling something he never owned in the first place! Every year the top teams spend hundreds of millions, of any currency you like, just to participate in F1, never mind win. F1 is a global apex sport. Liberty has just taken over from CVC. According to Forbes, Liberty has paid $ 4.4bn for F1, with about 75% of that being shares in Liberty themselves and $351-million in loans. Although CVC have made $4.4-billion through...
Full Story »
9y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Follow along with the Rolex 24 2017.

F1 News RIP: Manor F1 team F1's new commercial boss reveals 4-point plan...
9y ago from Formula1Blog.com

Ecclestone selling his shares in Formula 1

In what is the death knell to the Bernie Ecclestone era at the helm of...
9y ago from GrandPrix247.com

Ecclestone: The last thing I want is to see F1 damaged

Former Formula One chief executive Bernie Ecclestone has dismissed...
9y ago from GrandPrix247.com

Bernie Ecclestone insists he doesn’t want to damage...

Bernie Ecclestone insists the last thing he wants to do is damage...
9y ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin reveals how Marco Bezzecchi pushed him...

Jorge Martin admits that Aprilia team-mate Marco Bezzecchi is pushing him...

Francesco Bagnaia: MotoGP should hold a test before...

Francesco Bagnaia has called on MotoGP to hold a test before racing at a...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal keen on signing teenage Bundesliga striker to...

Arsenal are allegedly interested in signing Bayer Leverkusen star...
4h ago from SportsKeeda.com

Liverpool in contact with reps of 40-G/A star as...

Real Madrid playmaker Arda Guler continues to be linked with a move away...
3h ago from CaughtOffside.com

'I'm thinking about…' – Man United,...

Nottingham Forest central midfielder Elliot Anderson insists he's only...
12h ago from CaughtOffside.com

Comments

Hottest News

Audi hint at major signing after shock F1 departure

Audi confirmed earlier this month that Jonathan... Read More »
51m ago from RacingNews365.com

F1: Colapinto to take F1 to Buenos Aires

Franco Colapinto is set to light up the streets... Read More »
2h ago from Pitpass.com

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.