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Maffei: Liberty's problems with F1 promoters? Blame Bernie!

Liberty Media chief executive Greg Maffei believes that former F1 supremo Bernie Ecclestone is to blame for F1's current difficulties with the sport's race promoters. Liberty is in the process of negotiating contract renewals with Spain, Great Britain, Germany, Italy and Mexico. However, promoters are now driving a hard bargain, unwilling to extend their agreements at all cost and searching for better overall deals with F1's commercial right holder. Ecclestone showed interest in buying Silverstone Maffei understands the fundamental reasons behind the promoters' demands, but the American executive also points finger at Ecclestone. "Bernie had done a very good job, arguably too good a...
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7y ago from F1i.com 0
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