Bernie still in charge of F1

Fri, 10 November 2006, 08:16

Bernie Ecclestone says he is still in charge of Formula One despite CVC Capital Partners’ acquisition last year of his stake in the sport.

The 75-year-old, who has run the premier motor racing category since the 80s, told financial news agency Bloomberg that he is given a ‘free hand’ by the London-based buyout group.

Ecclestone insisted that he is ‘still CEO’ of F1’s operating companies while CVC ‘hasn’t touched anything’.

“Not a thing,” the diminutive Briton clarified.


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