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More Ecclestone BS

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Old 12-21-2008, 07:47 AM
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Exclamation More Ecclestone BS

Bernie Ecclestone has struck back with a vengeance against Luca di Montezemolo, after the Ferrari President hinted heavily that he should quit.

Montezemolo, also Chairman of the F1 teams' alliance FOTA, is sided strongly with Max Mosley and the teams in pushing for more than 50 percent of the sport's revenue pie.

He was also heavily critical of F1 Chief Executive Ecclestone's governance, accusing the 78-year-old of not running the sport like a "normal" business.

In The Times newspaper, Ecclestone angrily fired back that di Montezemolo should keep quiet about commercial income.

"The only thing he has not mentioned is the extra money Ferrari get above all the other teams and all the extra things Ferrari have had for years - the 'general help' they are considered to have had in Formula One," he blasted.

"Ferrari get so much more money than everyone else," Ecclestone continued. "They know exactly what they get, they are not that stupid, although they are not that bright, either. They get about $80 million more. When they win the constructors' championship, which they did this year, they got $80 million more than if McLaren had won it."

Ecclestone said the special deal with Ferrari was agreed amid the 'breakaway' threat of a few years ago.

"That's where the $80 million comes in. We 'bought' Ferrari," he explained.
"We 'bought' Ferrari's loyalty. Our deal with Ferrari was that we 'bought' them so they would not go to the others."

Ecclestone was also enraged at the thinly-veiled attack by Montezemolo about his business ethics, particularly the suggestion that he is not financially transparent.

"They have the right to send people into the company and search for everything," he countered. "Ferrari in particular, more than anybody, from day one, have had the right and they've never done it."

"We have bankers here and we've got (owners) CVC checking every single solitary thing. So anybody that starts saying that we've done anything wrong, I'll sue the arse off them," he fired.

Ecclestone suggested that Montezemolo might be unwise to push for a meeting to discuss the sport's distribution of revenue.

"What he should do, rather than asking for money, with all the extra money Ferrari gets, he should share all that amongst the teams," he said.

As a final scathing thought, Ecclestone attacked Montezemolo's complaint about Canada dropping off the 2009 calendar.

"The reason the Canadian Grand Prix is finished has been discussed with all the teams, including him, and it was agreed that what Canada was paying was nowhere near enough," Bernie said.

"It's a shame he's not in touch with people that seem to run the company as opposed to what he does - work as a press officer," he concluded.

Source: GMM
© CAPSIS International
 
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Old 12-21-2008, 11:51 AM
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That guy is completely out of his mind ... dementia anyone?
 
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Old 12-21-2008, 12:07 PM
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Originally Posted by Zorro
That guy is completely out of his mind ... dementia anyone?
+1

Does anyone else think it's crazy that Ferrari gets an additional $80M for winning the Constructors Championship over what any other team would get? I find it completely ludicrous! The FIA wants the teams to be on a more level playing field, yet Ferrari is clearly favored (now with proof!). I have a hunch that this little outburst from Bernie will upset quite a few fans. I wonder if the other teams knew that Ferrari gets more money over the set prize money for winning?

Luca was right. Bernie needs to step down now and save what little dignity he has left.
 
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Old 12-21-2008, 12:47 PM
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bernie is deluded but luca needs a swift kick in the rear too...
 
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Old 12-21-2008, 01:17 PM
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Luca is pompous but I like him... I a little biased though
 
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Old 12-23-2008, 02:24 AM
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How many of the tifosi will turn their backs on Ferrari now that it is public that Bernie and co own them and that there is a clear bias?

Originally Posted by like.no.other
Bernie Ecclestone has struck back with a vengeance against Luca di Montezemolo, after the Ferrari President hinted heavily that he should quit.
<snip>

"The only thing he has not mentioned is the extra money Ferrari get above all the other teams and all the extra things Ferrari have had for years - the 'general help' they are considered to have had in Formula One," he blasted.

"Ferrari get so much more money than everyone else," Ecclestone continued. "They know exactly what they get, they are not that stupid, although they are not that bright, either. They get about $80 million more. When they win the constructors' championship, which they did this year, they got $80 million more than if McLaren had won it."

"That's where the $80 million comes in. We 'bought' Ferrari," he explained.
"We 'bought' Ferrari's loyalty. Our deal with Ferrari was that we 'bought' them so they would not go to the others."
</snip>

Source: GMM
© CAPSIS International
 
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Old 12-23-2008, 02:47 AM
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"The general help" - real classy Bernie...
 
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Old 12-24-2008, 12:12 AM
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Follow up

Bernie Ecclestone's angry rejoinder to Luca di Montezemolo recently could be an attempt to split the unified F1 teams' alliance.

That is the suspicion of John Howett, President of the Toyota team and also Montezemolo's deputy in the Formula One Teams Association (FOTA).

Ecclestone, F1 Chief Executive and in charge of the sport's commercial rights, lashed out at Montezemolo after the Ferrari president revealed his desire to see F1 restructured.

Ecclestone said Ferrari is hypocritical to ask for more money because it receives '$80 million more' than another team for winning the world championship.

But Howett suggested that if Ecclestone's desire is to split FOTA, which is currently unified and therefore influential, revealing Ferrari's preferential commercial deal is not the way to do it.


"He may be trying to (split FOTA) but all the information that was given is very transparent and openly shared among the members, so it was a bit of a non-event because everybody is aware of the historic status (of Ferrari)," he told The Times.

FIA President Max Mosley believes FOTA's unity is yet to be tested fully.

"I think the teams are more united now because there are outside pressures on Formula One," he told F1's official website.

"The real tests of unity will come when there is a significant difference of opinion or when vital interests are threatened," he added.

Source: GMM
© CAPSIS International
 
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