• Categories
    • Accessories
      • Exterior Accessories
      • Interior Accessories
    • Cleaning & Detailing
    • Electronics
      • Audio
    • Engine & Performance
    • Home Care
    • Motorbikes & Bikes
    • Off-road Vehicles
    • RV Campers
    • Tires & Wheels
    • Tools
  • About Us
GrandPrixTimes
  • Categories
    • Accessories
      • Exterior Accessories
      • Interior Accessories
    • Cleaning & Detailing
    • Electronics
      • Audio
    • Engine & Performance
    • Home Care
    • Motorbikes & Bikes
    • Off-road Vehicles
    • RV Campers
    • Tires & Wheels
    • Tools
  • About Us

Bernie Ecclestone confirms talks with EU competitions commission

Formula One Management chief executive Bernie Ecclestone has confirmed that talks with the European Competitions Commission (ECC) have taken place over the sport’s governance and prize money structure.

Formula 1 teams Force India and Sauber wrote to the ECC last September to lodge an official complaint. In their joint letter, they stated that the way in which prize money is distributed is “unfair and unlawful” and also criticised the way rules are voted on by a selection of the larger teams.

Whilst no official investigation has yet taken place, Ecclestone confirmed that competitions commissioner Margrethe Vestager is getting “more and more interested” in the structure of F1.

“They’re starting to get more and more interested in the anti-competitive way that we’ve got,” he is quoted as saying by Autosport.

“Conversations have taken place and they will do what is the right thing to do.”

When asked if the ECC could cancel the various contracts Ecclestone holds with individual teams should an investigation take place and side with Force India and Sauber, he replied: “Yeah, if the EU got really excited about it they could look at it and say, ‘You’ve got to tear that up’.”

Featured Posts
  • Are Mercedes struggling this year in 2022? 1
    Are Lewis Hamilton & Mercedes Struggling In This Years F1?
    • May 7, 2022
  • Car rear suspension system 2
    An Introduction to Car Suspension: Full Guide
    • May 7, 2022
  • Man holding disk brake 3
    The True Cost of Replacing Brake Pads
    • June 8, 2020
  • Car alarm 4
    Car Alarm Keeps Going Off? – Read This
    • June 6, 2020
  • New car alternator 5
    Cost of Getting Your Alternator Repaired
    • June 4, 2020
Categories
  • Accessories (2)
  • Audio (2)
  • Blog (5)
  • Cleaning & Detailing (20)
  • Electronics (12)
  • Engine & Performance (10)
  • Exterior Accessories (10)
  • General (6)
  • Interior Accessories (4)
  • Mechanics (15)
  • Models (3)
  • Tires & Wheels (9)
  • Tools (6)
  • Travel (1)
GrandPrixTimes
  • About
  • Terms of Service
  • Privacy Policy
  • Contact
Published by Phillips Media Group Ltd.

Input your search keywords and press Enter.