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Bernie Ecclestone

  • 1993 McLaren MP4/8A Formula 1 race car

    Bernie Ecclestone might not be running Formula 1 anymore but he's got no intention of cutting all ties with the sport just yet. At the Bonhams collector car auction held in Monaco last Friday, the British billionaire placed the winning bid on a McLaren F1 race car driven by the legendary Ayrton Senna. Including the buyer's premium, Ecclestone ended up paying a cool $5 million for the car. Unlike other teams, most notably Ferrari, McLaren tended to retain its F1 cars after Ron Dennis took over the team in 1981, storing them in the secret “Unit 2” warehouse. The seller of the...

  • 1956 Jaguar D-Type sold by Bernie Ecclestone
    Jaguar that Bernie Ecclestone sold when still a car dealer fails to sell at auction

    Bernie Ecclestone wasn't always the billionaire Formula 1 boss and polarizing figure he is today. He was once a humble car dealer, and a 1956 Jaguar D-Type originally sold by the man himself went up for auction on Saturday in Scottsdale, Arizona. Unfortunately, it never reached its reserve despite...

  • 2017 Goodwood Festival of Speed sculpture
    2017 Goodwood Festival of Speed opens with sculpture honoring Bernie Ecclestone

    It's every British petrolhead's favorite time of the year. No, we're not talking about receiving car parts for the holidays. The 2017 Goodwood Festival of Speed has opened its gates to let thousands of automotive enthusiasts and motorsport fans from around the world pour in to fulfill their need...

  • Bernie Ecclestone
    Goodwood Festival of Speed to honor Bernie Ecclestone

    This year, attendees of the Goodwood Festival of Speed won't be treated to a celebration of a particular marque or manufacturer. Instead, the 2017 Festival of Speed will honor the legendary and controversial Formula One figure Bernie Ecclestone. Ecclestone was chosen as the central feature after...

  • Bernie Ecclestone
    Bernie Ecclestone cedes control of F1

    After nearly four decades of commanding Formula One, Bernie Ecclestone on Monday finally relinquished control of the sport. He didn’t have much say in the decision which was made by F1’s new owner Liberty Media. The American media giant agreed in September 2016 to buy control of F1 in a...

  • Bernie Ecclestone. Photo via Ryan Bayona under Creative Commons Attribution 2.0 Generic.
    Bernie Ecclestone Pays $100 Million Settlement Ending Bribery Case

    Money doesn't necessarily buy happiness, but it's bought British billionaire Bernie Ecclestone out of what he describes as "three and a half years of aggravation" in a high-profile bribery case. The Formula One supremo paid a $100 million settlement to end the case. The majority of this goes...

  • James Hunt's 1977 McLaren M26 F1 race car. Photos via RK Motors.

    The FIA is reportedly considering a "masters" series for F1's senior stars.

  • Bernie Ecclestone. Photo via Ryan Bayona under Creative Commons Attribution 2.0 Generic.
    Bernie Ecclestone Quits F1 Board Following Bribery Indictment

    Claims of bribery by prosecutors in Germany continue to haunt Bernie Ecclestone, with the allegations getting so serious that the British billionaire and Formula One figurehead was finally indicted last summer. The 83-year-old has since stepped down from the board of the company which runs F1...

  • Bernie Ecclestone. Photo via Ryan Bayona under Creative Commons Attribution 2.0 Generic.
    F1 Boss Bernie Ecclestone Indicted For Bribery In Germany

    As if Formula 1 weren't already as much a technological soap opera as a race series, the series' boss, Bernie Ecclestone, is adding some extra drama to the 2013 season, this time with an indictment for bribery in Germany. A German prosecutor filed the indictment over Ecclestone's dealings with...

  • Bernie Ecclestone
    Bernie Ecclestone To Buy The Nürburgring? Not Quite

    The commercial rights to the legendary Nürburgring circuit in Germany went up for sale in May, following the insolvency of its operator Nürburgring GmbH (the track itself is owned by the German government). A number of tenders offers were submitted before the close of bidding on June 12...

  • Bernie Ecclestone. Photo via Ryan Bayona under Creative Commons Attribution 2.0 Generic.
    Bernie Ecclestone Tries To Dodge U.S. Bribery Lawsuit

    If you’ve followed the Bernie Ecclestone F1 bribery case over the past two years, you know that it has more intrigue than a John le Carré spy novel. In fact, the only thing that’s clear about the case is this: money changed hands that shouldn’t have. In November of 2005, an...

  • Nurburgring race track
    Formula One Returns To The Nürburgring In 2013

    When Germany’s storied Nürburgring circuit declared bankruptcy last July, the fate of the German Grand Prix at the track seemed anything but certain. With the start of the 2013 Formula 1 season just six weeks away, BBC Sport is reporting that a deal to host the race has been struck...

  • Circuit layout for Grand Prix of America

    For months there have been rumblings that the 2013 Grand Prix of America, set to run on June 16 in Weehawken, NJ, would be postponed until 2014. While a specific reason wasn’t cited, F1 czar Bernie Ecclestone repeatedly referred to “contractual issues” for the delay. Now it looks like it’s official: as the Washington Post reports, Formula One will not be coming to New Jersey until 2014. In a statement released Friday, Ecclestone said, “The event is not going to happen. Everything is set up, but now it’s too late to finish on time.” Providing a bit...

  • Bernie Ecclestone
    Did Bernie Ecclestone Get Married (Again)?

    The definition of insanity, the saying goes, is doing the same thing over and over again but expecting a different result. To this point, Formula One czar Bernie Ecclestone has made two previous trips down the aisle, with the last one costing him dearly. His divorce from former wife and fashion...

  • Bernie Ecclestone
    Bernie Ecclestone Offers To Fund London Formula 1 Race:

    How badly does Bernie Ecclestone want to see Formula 1 run on the streets of London? Bad enough to offer up $55 million of his own personal fortune, and bad enough to waive the $25 million sanctioning fee for such an event. As Autoweek reports, the ever-controversial Ecclestone calls the proposed...

  • Circuit layout for Grand Prix of America
    New Jersey F1 Race On Hold, Street Circuit Not Ready

    Formula 1 racing in the U.S. has had a rough time over the five years since its ignominious last appearance at Indy. The Circuit of the Americas is rapidly shaping up as the new center of American F1 racing, but there is--or was--hope that a New Jersey street circuit might soon join it. That hope...

  • Bernie Ecclestone and Tina Zegg show off 2 million euro Hublot BB watch
    Banker Admits Taking Bribes From Bernie: F1 Boss Back In Spotlight

    Despite being the ultra-rich boss of Formula 1, Bernie Ecclestone hasn't had an easy coupe of years. Back in December 2010, he was beaten and robbed of his Hublot watch. Then he had to buy the most expensive house in America for his daughter. Last year, allegations of $44 million in bribes paid to...

  • Bernie Ecclestone
    CVC Sells Down Its Stake In Formula One

    In March of 2012, private equity firm CVC Capital owned a 63.4 percent stake in Formula One, and rumor had it that CVC was looking to reduce its ownership in the sport. Last month, CVC sold a $1.6 billion stake in F1 to three investment groups, and now Autosport (via Autoblog) is reporting that CVC...

  • Ferrari at the 2011 Formula 1 Singapore Grand Prix

    We first heard rumblings that the commercial rights to the highest echelon of motorsports, Formula 1, might be for sale early last year, and then just last month reports broke that the sport’s largest equity holder, CVC Capital Partners, was considering launching an initial public offering (IPO) for F1 and listing it on the Singapore Stock Exchange. Latest reports indicate that CVC is in talks with two major investment banks, Morgan Stanley and UBS, to help underwrite the IPO, which could be valued at up to $3 billion. This would make an F1 IPO one of the biggest in history though...

  • Ferrari 599 GTO
    Tamara Gets 599 GTO, 2012 BMW 650i, 2013 Ford Focus ST Spy Video: Today’s Car News

    Tamara Ecclestone, the daughter of billionaire F1 supremo Bernie Ecclestone, has just received a Ferrari 599 GTO from her boyfriend Omar Khyami. [MotorAuthority] The 2012 Toyota Camry looks like it’s set to be the most American vehicle, thanks to its high-level of local content...

  • Tamara Ecclestone takes delivery of Ferrari 599 GTO
    Tamara Ecclestone Gets Ferrari 599 GTO From Boyfriend: Video

    While her younger sister Petra got LA's most expensive piece of real estate as a gift from her father, billionaire F1 boss Bernie Ecclestone, 27-year old Tamara Ecclestone has just received a slightly more modest gift from boyfriend Omar Khyami, a Ferrari 599 GTO. Yes, the car, which is valued at a...

  • Bernie Ecclestone
    Bernie Bribes Bayern Banker?, Pits Go Electric: F1 Update

    Formula 1 maestro Bernie Ecclestone has had a bit of a rough year. After getting bashed about for his expensive watch, then brow-beaten into dropping four-cylinder turbos for sixes, and forking over the cash for the most expensive house in the U.S. for his daughter, he's now confirmed he paid a...

  • Spelling mansion in LA
    Bernie Ecclestone Buys Priciest Mansion in U.S. (For His Kid)

    Money is no object when it comes to completely spoiling the FIA supremo's daughter, it seems.

  • Bernie Ecclestone and Tina Zegg show off 2 million euro Hublot BB watch
    Bernie Ecclestone Shows Off Two Million Euro Hublot BB Watch

    We’ve seen plenty of expensive watches here at MotorAuthority, but the latest creation from Swiss luxury firm Hublot easily takes the cake. The watch is the spectacular two million euro (approximately $2.9 million) Hublot BB, which was presented by Formula 1 supremo Bernie Ecclestone and Tina...

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