News Details
Maffei: I heard Bernie call grand prix hosts ‘the victims'
Liberty Media CEO Greg Maffei has shed some light on the callous business methods used by deposed Formula 1 supremo, Bernie Ecclestone, during his reign at the helm of the sport. Speaking to media, at the Deutsche Bank 2017 Media & Telecom Conference in Florida, Maffei revealed, 'It's our job to do far more to help the promoters be successful. Bernie's attitude was: how much can I extract from them, how much up front? I heard him call them the victims.' 'So we ended up with races like Baku in Azerbaijan where they paid us a big race free but [the organiser] does nothing to build the long term brand and help the business.' The Azerbaijan government will spend an estimated...
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Liberty Media's Maffei slams Baku for adding no value...
XPB Images
Liberty Media CEO Greg Maffei believes Formula 1's...
8y ago from F1i.com
Maffei doesn't rule out engine change
Round about the time that FIA President Jean Todt was ruling out a return...
8y ago from Pitpass.com
Ferrari buys in to Liberty Media; US TV ratings may...
F1 News Ferrari buys in to Liberty Media; US TV ratings may justify...
8y ago from Formula1Blog.com
Ecclestone ‘not treated well' by Liberty Media
Flavio Briatore has claimed new Formula One owners Liberty Media have...
8y ago from PlanetF1.com
Elsewhere On The Network
Popular On MGPToday.com
Michelin reveals what caused Marc Marquez’s dramatic...
No description available...
56m ago from Motorsport.com
Winners and losers from MotoGP’s season-opening...
No description available...
26m ago from Motorsport.com
Marco Bezzecchi silences critics to win dramatic...
No description available...
10h ago from Motorsport.com
Ducati's four-year MotoGP podium streak ends in...
No description available...
23h ago from Motorsport.com
Popular On IndyCarToday.com
Mick Schumacher's IndyCar debut ends in Lap 1 crash
No description available...
14h ago from Motorsport.com
How Mick Schumacher's IndyCar debut ended in messy Lap...
No description available...
12h ago from Motorsport.com
Alex Palou wins season opener with largest St. Pete...
No description available...
13h ago from Motorsport.com
Christian Lundgaard leads Arrow McLaren effort with...
No description available...
11h ago from Motorsport.com
Popular On TotalWRC.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
1d ago from Motorsport.com
Why Esapekka Lappi was so happy at WRC Rally Sweden
No description available...
3d ago from Motorsport.com
Acropolis Rally's Thursday parc ferme will be on a boat
No description available...
4d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal 2-1 Chelsea: Points more important than...
Match report – Player ratings – Arteta reaction – Video...
1h ago from Arseblog.com
“He can hold his head high” - Gary Neville heaps...
Manchester United legend Gary Nevlle reckons Chelsea centre-back Mamadou...
1h ago from SportsKeeda.com
Sources: Liverpool face Arsenal competition to sign...
Alessandro Bastoni has long been regarded as one of Europe’s most...
2h ago from CaughtOffside.com
“What an idiot” - Ex-Chelsea star slams Pedro Neto...
Former Chelsea star Chris Sutton has slammed Pedro Neto following his red...
3h ago from SportsKeeda.com
Comments
Hottest News
Australian Grand Prix still a go, no anticipated impact...
Australian Grand Prix boss Travis Auld expects no... Read More »
46m ago from GrandPrix247.com
If Max Verstappen wants to join a winning Formula 1 team,...
Max Verstappen will see out his Red Bull... Read More »
46m ago from GrandPrix247.com
Aston Martin make 'very easy' Adrian Newey claim after slow...
Aston Martin is rooted to the bottom of the F1... Read More »
56m ago from RacingNews365.com
