Ecclestone steps down from Formula 1 board

Ecclestone steps down from Formula 1 board

16 January 2014 – Bernie Ecclestone will step down as a director of Formula 1's management board with immediate effect, but the 83-year-old is to remain involved in the general running of the sport for the forseeable future.

Earlier on Thursday, German prosecutors announced that Ecclestone will face a court hearing in April relating to allegations that he bribed banker Gerhard Gribkowsky during the sale of Formula 1 back in 2006.

Although current Formula 1 owners CVC Capital Partners have permitted Ecclestone to continue in his day-to-day role, it has been decided that, for the duration of the trial, he will be absent from the board.

A statement issued by Delta Topco Ltd read: "Mr Ecclestone has reassured the board that he is innocent of the charges and intends to vigorously defend the case which will commence in April 2014.

"After discussion with the board, Mr Ecclestone has proposed and the board agreed that until the case has been concluded, he will step down as a director with immediate effect, thereby relinquishing his board duties and responsibilities until the case has been resolved.

"The board believes that it is the best interests of both the F1 business and the sport that Mr Ecclestone should continue to run the business on a day-to-day basis, but subject to increased monitoring and control by the board. Mr Ecclestone has agreed to these arrangements."

Ecclestone's removal from the board means that greater responsibility will be handed to other leading figures.

The statement added: "The approval and signing of significant contracts and other material business arrangements shall now be the responsibility of the Chairman, Mr Peter Brabeck-Letmathe, and the Deputy Chairman, Mr Donald Mackenzie."

related

Comments

Latest News
Full
Compact

  1. Wednesday 27 May 2015

  2. 17:32

    Book F1 tickets and join the action live!

    F1
  3. Hinchcliffe released from hospital 16:48

    Hinchcliffe released from hospital

    James Hinchcliffe was released from hospital on Tuesday, following surgery for the injuries he sustained during practice for the…

    Indy
  4. Wilson to make FE debut in Moscow 15:33

    Wilson to make FE debut in Moscow

    Justin Wilson will make his Formula E debut with Andretti Autosport at next month's Moscow round. Wilson competed in last…

    FE
  5. Grosjean 'didn't brake test' Verstappen 14:39

    Grosjean 'didn't brake test' Verstappen

    Lotus says it has data to prove that Romain Grosjean did not brake test Toro Rosso rival Max Verstappen prior to their collision…

    F1
  6. Video: Nico Rosberg's Monaco blog 14:16

    Video: Nico Rosberg's Monaco blog

    Nico Rosberg reflects on a dramatic Monaco Grand Prix that yielded his third straight win in the principality.

    F1
  7. Mallya targets constant points with new car 12:28

    Mallya targets constant points with new car

    Force India team boss Vijay Mallya has set his sights on recording constant points finishes when the outfit's full 2015…

    F1
  8. Verstappen vows to come back stronger 10:51

    Verstappen vows to come back stronger

    Toro Rosso rookie Max Verstappen says he will emerge a stronger driver from his dramatic accident at last weekend's Monaco Grand…

    F1
  9. Rossi in 'perfect' place for Mugello 10:35

    Rossi in 'perfect' place for Mugello

    MotoGP championship leader Valentino Rossi says he arrives at Mugello in a "perfect" frame of mind after his strong start to the…

    MotoGP
  10. 10:15

    Gallery: Best photos from the Monaco GP

    F1
  11. Häkkinen: Verstappen penalty unfair 10:12

    Häkkinen: Verstappen penalty unfair

    Mika Häkkinen believes that it was wrong of the stewards to hand Max Verstappen a grid penalty for his clash with Romain…

    F1
  12. Ecclestone: Rosberg, Vettel 'bad for business' 09:43

    Ecclestone: Rosberg, Vettel 'bad for business'

    Formula 1 supremo Bernie Ecclestone has said that German drivers Nico Rosberg and Sebastian Vettel are "not so good" for the…

    F1
  13. Feature: Monaco GP's key questions 09:27

    Feature: Monaco GP's key questions

    In the build up to last weekend's Monaco Grand Prix, GPUpdate.net posed five key questions and contemplated the potential…

    F1
  14. Video of the Day: Berlin ePrix highlights 05:00

    Video of the Day: Berlin ePrix highlights

    Watch highlights from the eighth round of the Formula E championship at Berlin's Tempelhof Airport.

    FE
  15. Tuesday 26 May 2015

  16. Scan reveals further Iannone injury 19:11

    Scan reveals further Iannone injury

    Ducati's Andrea Iannone has had another set back ahead of his home race in Italy this weekend after a scan revealed a further…

    MotoGP
  17. Daly to replace Hinchcliffe for Detroit 14:18

    Daly to replace Hinchcliffe for Detroit

    Conor Daly will remain in IndyCar after Schmidt Peterson Motorsports confirmed that he will replace the injured James…

    Indy
  18. Briatore: Alonso better off at McLaren 13:31

    Briatore: Alonso better off at McLaren

    Flavio Briatore says Fernando Alonso is better placed at McLaren compared to Ferrari, despite the Spaniard having failed to…

    F1
  19. No further action in de Villota accident 11:29

    No further action in de Villota accident

    Manor Grand Prix Racing will face no further action over the testing crash involving Maria de Villota following the conclusion…

    F1
  20. Williams cannot repeat Monaco - Smedley 11:08

    Williams cannot repeat Monaco - Smedley

    Williams Head of Performance Engineering Rob Smedley says the squad must examine where it went wrong at the Monaco Grand Prix in…

    F1
  21. Arrivabene: Ferrari outsmarted Mercedes 09:49

    Arrivabene: Ferrari outsmarted Mercedes

    Ferrari Team Principal Maurizio Arrivabene says the squad outsmarted Mercedes strategically in order to collect second position…

    F1
  22. Monaco Grand Prix: Winners and Losers 08:56

    Monaco Grand Prix: Winners and Losers

    Nico Rosberg took a third straight Monaco win as dominant Mercedes team-mate Lewis Hamilton was skewered by an incorrect pit…

    F1
  23. Video of the Day: Red Bull's Energy Station 05:23

    Video of the Day: Red Bull's Energy Station

    Find out more about Red Bull's floating Energy Station, which it brought to the Monaco Grand Prix.

    F1
  24. Monday 25 May 2015

  25. Montoya: First Indy 500 win was easier 15:45

    Montoya: First Indy 500 win was easier

    Juan Pablo Montoya described his first Indianapolis 500 win as "easy" compared to his victory at the 99th running of the…

    Indy
  26. Video: Max drives Jos around Monaco 14:27

    Video: Max drives Jos around Monaco

    Watch as Max Verstappen takes father Jos for a lap of the Monaco Grand Prix circuit in a Renault Clio.

    F1
  27. Smith, Espargaró set for Suzuka 8 Hours 13:42

    Smith, Espargaró set for Suzuka 8 Hours

    MotoGP team-mates Bradley Smith and Pol Espargaró will form part of the rider line-up for the factory Yamaha team at this…

    MotoGP
  28. Rosberg still thought Hamilton would win 11:52

    Rosberg still thought Hamilton would win

    Nico Rosberg has explained that he still thought Mercedes team-mate Lewis Hamilton would win the Monaco Grand Prix despite his…

    F1
  29. Massa hits out at 'dangerous' Verstappen 10:21

    Massa hits out at 'dangerous' Verstappen

    Williams driver Felipe Massa has criticised Max Verstappen following the Toro Rosso rookie's contact with Romain Grosjean, and…

    F1
  30. Kvyat buoyed by best Formula 1 finish 10:02

    Kvyat buoyed by best Formula 1 finish

    Red Bull driver Daniil Kvyat expressed his delight after securing the best result of his short Formula 1 career at the Monaco…

    F1
  31. Video: Ricciardo, Räikkönen make contact 09:42

    Video: Ricciardo, Räikkönen make contact

    Daniel Ricciardo barged past Kimi Räikkönen for fifth with this move late in the Monaco Grand Prix.

    F1
  32. Räikkönen expected Ricciardo penalty 09:36

    Räikkönen expected Ricciardo penalty

    Kimi Räikkönen says he expected Daniel Ricciardo to be penalised by the stewards after their clash in the closing stages of…

    F1
  33. Pérez: Force India maximising opportunities 08:34

    Pérez: Force India maximising opportunities

    Sergio Pérez says his Force India team is maximising its opportunities after he started and finished in seventh position at the…

    F1
  34. Video of the Day: Prost on Renault's F1 plans 05:27

    Video of the Day: Prost on Renault's F1 plans

    Renault ambassador Alain Prost discusses the French brand's future intentions regarding Formula 1.

    F1
  35. 01:12

    Championship standings after Monaco

    F1
  36. Sunday 24 May 2015

  37. 21:54

    Latest IndyCar photos: 99th Indy 500

    Indy
  38. Montoya wins thrilling Indy 500 21:41

    Montoya wins thrilling Indy 500

    Juan Pablo Montoya has won the 99th running of the Indianapolis 500 in a back-and-forth battle with several cars, beating…

    Indy
  39. 18:02

    Latest F1 photos: Sunday in Monaco

    F1
  40. Button says points a 'hugely positive step' 17:40

    Button says points a 'hugely positive step'

    Jenson Button says scoring points in the Monaco Grand Prix marks a "hugely positive step" for the renewed McLaren-Honda…

    F1
  41. Renault 'going in the right direction' 17:30

    Renault 'going in the right direction'

    Renault believes that it is heading "in the right direction" after the brand recorded its best result of the season at the…

    F1
  42. Verstappen given five-place grid penalty 16:47

    Verstappen given five-place grid penalty

    Max Verstappen has been given a five-place grid penalty for the Canadian Grand Prix following his clash with Romain Grosjean in…

    F1
  43. 16:35

    Follow the 99th Indianapolis 500 live!

    Indy
more news