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He negotiated lucrative television contracts with broadcasters worldwide, expanding Formula One's reach into new markets and increasing its fan base. Ecclestone's relentless pursuit of financial growth for the sport resulted in the formation of the Formula One Group, a conglomerate that controlled the commercial rights of Formula One.Īs the chief executive of the Formula One Group, Ecclestone implemented a series of groundbreaking changes that transformed the sport. In 1978, he formed the Formula One Constructors' Association (FOCA), a union of the teams competing in the championship, with the aim of negotiating better television rights deals and sponsorships.

However, it was Ecclestone's role in revolutionizing the commercial aspects of Formula One that truly set him apart. Under his guidance, the team achieved immense success, winning multiple championships and establishing Ecclestone as a force to be reckoned with in the world of Formula One. Armed with a sharp and astute business acumen, Ecclestone started managing drivers and teams, making shrewd deals, and building his network within the motorsports industry.Įcclestone's breakthrough came in the 1970s when he took over the management of the Brabham Racing Team. However, he soon realized that his real passion lay not in racing but in the business side of the sport. Born on October 28, 1930, in Bungay, Suffolk, England, he is widely recognized as the key figure who transformed Formula One into a global billion-dollar sport and cemented its status as one of the most prestigious and widely watched racing competitions worldwide.Įcclestone's journey into the world of motorsports began in the late 1940s when he started racing motorcycles. Bernie Ecclestone is a renowned British business magnate and former chief executive of the Formula One Group.

Instal the new for apple Supremo 4.10.1.2073