Bernie Ecclestone, English businessman
Bernard Charles 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 motor racing 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 the 'F1 Supremo'.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. In 1972, he bought the Brabham team, which he ran for 15 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On 23 January 2017, it was announced that Ecclestone had been replaced by Chase Carey as chief executive of the Formula One Group. Ecclestone was appointed as chairman emeritus and acted 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.
1930Oct, 28
Bernie Ecclestone
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Events on 1930
- 12Mar
Salt March
Mahatma Gandhi begins the Salt March, a 200-mile march to the sea to protest the British monopoly on salt in India - 6Apr
Salt Satyagraha
Gandhi raises a lump of mud and salt and declares, "With this, I am shaking the foundations of the British Empire," beginning the Salt Satyagraha. - 7Jul
Hoover Dam
Industrialist Henry J. Kaiser begins construction of Boulder Dam (now known as Hoover Dam). - 6Sep
Hipólito Yrigoyen
Democratically elected Argentine president Hipólito Yrigoyen is deposed in a military coup. - 24Oct
Getúlio Vargas
A bloodless coup d'état in Brazil ousts Washington Luís Pereira de Sousa, the last President of the First Republic. Getúlio Vargas is then installed as "provisional president".