Web Reference: Bernard Charles Ecclestone (born 28 October 1930) is a British business magnate, motorsport executive and former racing driver. Widely known in journalism as the " F1 Supremo ", [a] Ecclestone founded the Formula One Group in 1987, [b] controlling the commercial rights to Formula One until 2017. Oct 13, 2023 · Ecclestone’s most significant contribution to Formula One came when he acquired the commercial rights to the sport. In the late 1970s, he founded the Formula One Promotions and Administration (FOPA) organization, which later became Formula One Management (FOM). Others have claimed that the sport would be more profitable without him and that Ecclestone is out of touch, however the majority are unsure. Ecclestone is one of the shrewdest businessmen alive and by looking back over his early life you can see what made this man who he is today.
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