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Dear Bernie (Ecclestone)…

Dear Bernie,

Bernie Ecclestone - "F1 Supremo" & Andy Warhol Stunt Double

Bernie Ecclestone - "F1 Supremo" & Andy Warhol Stunt Double

You must be under a lot of stress nowadays, as the global economic meltdown is affecting your business – Formula 1. I’m sure despite your denials to the contrary, Honda’s exit from the sport was damaging. Sure, you can shrug your shoulders and brush it off but any time a team fails and leaves, that’s really a reflection on you, FOM (Formula One Management) and CVC Partners.

Let’s think about how many teams have left Formula 1 in the past few decades – Eurobrun, Tyrrell, Prost, Jaguar, Minardi, Fondmetal, Super Aguri, Leyton House, Stewart, Benetton, BAR, Honda, Brabham, Lotus, etc, etc, etc. Sure, some of these teams were bought out and renamed, but the fact remains – this level of turnover can’t be healthy for any professional sports organization, especially one that is concerned one of the most expensive in the world to run. If the same number of teams left, say, the NFL or NBA, there would be outrage from fans and participants alike, but no such thing happens in F1. Because… you own every thing. And became a VERY rich man for owning the commercial rights to F1.

You’ve made a mockery as of late abandoning the GP in multiple countries because the venue wasn’t up to snuff, safety issues and so on. Let’s count the ways – Indy, Montreal, Kyalami, Adelaide, Phoenix, Detroit, Las Vegas, Jerez, Paul Ricard, Hermanos Rodriguez (Mexico City), Autopolis, Suzuka and so many more. But let’s face it. The true reason for abandoning these cities wasn’t those reasons you cite. Rather, it’s because they wouldn’t submit to your demands for fees. And you’ve made a mockery of grand prix racing in general by going to countries and cities where the locals couldn’t give two shits about motorsports. So why, Bernie? Why?

And now that the FOTA (Formula One Team Association) is making a LEGITIMATE stink about how the revenue split should be reconsidered, you’re lashing out. For the 9 teams still in the game to get less than 50% of revenues, while your 80-something self and CVC Partners getting the remainder doesn’t seem right to me. Without the teams, both the factory and privateer squads, you would be nothing. And especially in these hard economic times ahead, it seems ever so prudent and appropriate that the share of revenues should lean toward the teams, not YOU.

Face it, Bernie. You aren’t going to live for much longer. And you aren’t going to take all that cash with you. You live the lifestyle of a multi-millionaire. That’s not too shabby for a guy who left school at age 16. So let’s loosen up that wallet a bit and give more to the teams. And count your blessings.

Yours Truly,
SportsflyJohn

December 28, 2008 - Posted by | Features & Opinions, Formula 1, Motorsports, Talkin Trash | , , , , , , , , , , , ,

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