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
Marc Marquez on Thai GP puncture: 'It was like I hit a...
No description available...
1h ago from Motorsport.com
Ducati's four-year MotoGP podium streak ends in...
No description available...
3h ago from Motorsport.com
Michelin cites aggressive kerbs for Marc Marquez’s...
No description available...
1h ago from Motorsport.com
Marco Bezzecchi claims flag-to-flag Thai MotoGP...
Marco Bezzecchi delivered a commanding flag-to-flag victory for Aprilia...
4h ago from MotorsportWeek.c...
Popular On IndyCarToday.com
IndyCar St. Petersburg – Qualifying Results
25 drivers of the NTT IndyCar Series took to the streets of St....
13h ago from MotorsportWeek.c...
Scott McLaughlin earns IndyCar St. Pete pole, Coyne...
No description available...
13h ago from Motorsport.com
Dale Coyne relishes 'extraordinary' double Fast 6...
No description available...
11h ago from Motorsport.com
Marcus Ericsson encouraged by Will Power’s input at...
Marcus Ericsson has a new team-mate this year in Will Power, and the...
18h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Lancia rally legend Sandro Munari passes away aged 85
No description available...
19h 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
Martin Odegaard makes feelings clear about Eberechi...
Ahead of Arsenal’s Premier League clash against Chelsea, Martin Odegaard...
1h ago from SportsKeeda.com
Chelsea interested in signing £61 million-rated star...
Chelsea and Arsenal are reportedly set to battle for Paris Saint-Germain...
1h ago from SportsKeeda.com
Arsenal boss Mikel Arteta provides mature response...
Arsenal boss Mikel Arteta has responded to Viktor Gyokeres being close to...
1h ago from SportsKeeda.com
Arsenal’s £75m summer transfer plan in jeopardy...
Arsenal are hoping to sign Newcastle United attacker Anthony Gordon at the...
4h ago from CaughtOffside.com
Comments
Hottest News
Charles Leclerc appears to have tied the knot after being...
Multiple media reports claim Charles Leclerc has... Read More »
1h ago from GrandPrix247.com
LEGO release first F1 2026 car, here's how to get your...
The very first LEGO version of the new F1 2026... Read More »
1h ago from GPFans.com
Back to his roots: Why ‘raw’ IndyCar feels like home to...
On Sunday in St. Petersburg, Mick Schumacher will... Read More »
55m ago from F1i.com
