F1 can’t be a ‘dic­ta­tor­ship’, says new boss

The Sun (Malaysia) - - SPORTS -

NEW chair­man Chase Carey said For­mula One can­not con­tinue as a “dic­ta­tor­ship”, as spec­u­la­tion grows over the role of long-term supremo Bernie Ec­cle­stone un­der the sport’s in­com­ing Amer­i­can own­ers.

Ec­cle­stone has built For­mula One into a global power- house over the past four decades but Carey said US mogul John Malone’s Lib­erty Media now wanted to take it to new heights.

“You can­not make every­body happy all the time, but you’ve got to un­der­stand what every­body wants and then find a path,” he told the of­fi­cial F1 web­site at Grand Prix.

“Sure, that is not a task for a com­mit­tee, as com­mit­tees tend to be­come bu­reau­cratic – but there also can’t be a dic­ta­tor­ship – even if prob­a­bly here they are used to it.”

It in­di­cates an ide­o­log­i­cal split be­tween the mus­ta­chioed the Sin­ga­pore Amer­i­can Carey and Ec­cle­stone, 85, who has warned he could walk away if things don’t go his way un­der Lib­erty.

Un­der the takeover, which val­ues For­mula One at US$8 bil­lion, flam­boy­ant deal-maker Ec­cle­stone re­mains as chief ex­ec­u­tive with Carey brought in as chair­man. – AFP

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