Wednesday 23 May 2012

GPUpdate

Briatore steps down from QPR role

22 February 2010

Ex Renault Team Manager Flavio Briatore has elected to depart his role as Chairman at Queens Park Rangers football club, the English squad has confirmed. Much talk had surrounded the Italian's future with the team following his involvement in the highly controversial 'Crashgate' scandal of last year.

With Briatore having been one of the principal players in the race-fixing controversy of Singapore 2008, his position at the football club also became under threat following his ban from motorsport by governing body the FIA; the English Football League's 'Fit and Proper' regulation states that any individual could receive the same fate in football, should they have been barred from any sport by its governing body.


Briatore joined Bernie Ecclestone as a QPR shareholder in 2007
Briatore joined Bernie Ecclestone as a QPR shareholder in 2007

However, it now turns out that Briatore has decided to quit his football role. 'The Board of Directors of QPR Holdings Ltd today announces Flavio Briatore has decided to step down as Chairman with immediate effect,' reads a Friday statement on the club's website. 'The Board has appointed Ishan Saksena as the new Chairman.'

"My three years as Chairman of QPR have been an exciting and incredible experience," commented Briatore, who was joined as a shareholder by F1 commercial rights holder Bernie Ecclestone. "I'm proud to have helped save this historical club and to have contributed in paving the way to its future success.

"Although my commitment to the club remains unchanged, I now feel the need to focus my energies into other fields as well."

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