Tuesday, October 26, 2010

FACTBOX - F1 supremo Bernie Ecclestone

Wed, Oct 27 10 06:18 AM

REUTERS - Facts about Formula One supremo Bernie Ecclestone who is 80 on Thursday.

* BEGINNINGS:

-- Born near Bungay in Suffolk, eastern England, his father was a Lowestoft fisherman.

-- He built up a motorcycle spares business and then went into business with Fred Compton to form the Compton & Ecclestone motorcycle dealership.

-- In 1957 he bought the struggling F1 team Connaught and attempted to qualify himself for the British Grand Prix. He also went into management, managing Welsh driver Stuart Lewis-Evans, but when his driver died after crashing at the Moroccan Grand Prix, Ecclestone abandoned the sport.

-- He later returned as manager to Jochen Rindt, whose death at Monza in 1970 made him the sport's only posthumous champion.

-- Quitting again after that fatality, he returned in 1972 when he bought the Brabham team, and watched it became a winning force with drivers such as Niki Lauda and Nelson Piquet.

* FORMULA ONE:

-- He founded the Formula One Constructors Association (FOCA) and with the help of his lawyer and friend Max Mosley began to gain control of the sport's management and finances.

-- He united the teams and secured global TV rights, setting up Formula One Promotions and Administration (FOPA).

* POLITICS:

-- In November 1997 it was revealed that Ecclestone had given the Labour Party one million pounds ($1.59 million). The government later decided to exempt Formula One from a proposed ban on tobacco sponsorship. Labour gave the money back.

* PERSONAL:

-- In March 2009 his divorce from Croatian wife Slavica, now 52, was finalised ending a 26-year association with the ex-model who towered above him. The couple have two daughters.

-- In January 2010, Ecclestone became part of a bid to buy the struggling Swedish carmaker Saab but small Dutch luxury carmaker Spyker clinched a last-minute deal.

-- His 2011 calendar will stretch the season to a record 20 races, with the addition of the Indian Grand Prix.

-- Ecclestone has an estimated 1.37 billion pounds ($2.18 billion) fortune, according to the latest Sunday Times Rich List.

-- Earlier this month, he attended the signing in Sochi with Russian Prime Minister Vladimir Putin of a seven-year deal for Russia to host a grand prix from 2014.


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