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LIberty Media: Ecclestone told promoters they were overpaying
Liberty Media CEO Greg Maffei has blamed Bernie Ecclestone for the ongoing issues surrounding the future of a number of grand prix races, saying the former F1 owner charged promoters too much before eventually telling them they were overpaying after ownership changed hands. The races in Mexico, Germany, Great Britain, Spain, and Italy are all under threat due to financial issues, whether they be the price of holding a GP, or governments withdrawing funding for the sport. Liberty Media have shouldered plenty of the blame for this, but Maffei has mentioned Ecclestone as another guilty party. “Bernie had done a very good job, arguably too good a job, and had drained the promoters,”...
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6y ago from GPFans.com
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