Bernie Ecclestone

Bernard Charles "Bernie" Ecclestone (born October 28 1930 in the UK) is the president and CEO of Formula One Management and Formula One Administration, and as such is generally considered the primary authority in Formula One racing. His control of the sport, which resulted from his pioneering the sale of television rights in the late 1970s, is chiefly financial, but under the terms of the Concorde Agreement he and his companies also manage the administration, setup and logistics of each Formula One grand prix.

Political involvement

In 1997 Ecclestone was involved in a scandal when it transpired he had given the Labour Party a million pound donation - which raised eyebrows when the Labour government changed its policy to allow Formula 1 to continue being sponsored by tobacco manufacturers. The Labour Party returned the donation.

Related Topics:
Labour Party - Tobacco

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