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Volume: 12 Issue: 9
(September 2014)

Keywords:
governance bribery case closed formula one’s next steps early last month bernie ecclestone formula one chief executive bought his way

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Governance: Bribery case closed: Formula One’s next steps

Early last month, Bernie Ecclestone, the Formula One Chief Executive, bought his way out of a lawsuit initiated against him regarding an alleged bribe to influence the sale of a stake in F1. Nevertheless, it may soon happen that Mr Ecclestone, aged 83, will not be able to do what in his opinion he does best - run F1. Whether he stays on himself or appoints a successor, F1 must properly address a number of issues it is currently facing. Dr Péter Rippel-Szabó, an Associate with Bird & Bird, provides an overview of the current challenges the highly popular race series must confront.

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