Post by Lee on Sept 19, 2016 12:11:38 GMT
Singapore 2016 was the first GP since Liberty Media took over and it will be interesting to see how things pan out and what future path the "sport" takes. Chase Carey Formula 1's new chairman attended the event but despite saying he wanted to "bring the sport the leadership it needs to be taken to another level" gave very little away. What was probably far more telling was that he apparently spent much of his time away from Bernie Ecclestone, there has been plenty of speculation that the pair have different views on the direction the sport should be heading.
Ecclestone will apparently carry on for a further three years but many predict he will go long before then, possibly as soon as the end of the 2016 season. It is also unsurprisingly rumoured that the new owners have already started drawing up a short list of potential replacements. It is expected that rather than a single replacement they would split the job up into sporting and commercial roles. The list is said to include, Martin Whitmarsh, Ross Brawn and Stefano Domenicali for the sporting side and for the commercial side the favourite appears to be Zak Brown, the founder of the world’s biggest sports marketing company and F1’s main sponsor finder. Alejandro Agag, the current chief executive of Formula E could well be under consideration as well.
It is certainly time for a change at the top and there is plenty of potential to make improvements but equally the new management need to be aware of the foundations of F1 and what has made it so good over the years. I like many feel it has lost its way, I don't know what the answer is but I am pretty certain it isn't as simple as following the normal USA sports model!
Ecclestone will apparently carry on for a further three years but many predict he will go long before then, possibly as soon as the end of the 2016 season. It is also unsurprisingly rumoured that the new owners have already started drawing up a short list of potential replacements. It is expected that rather than a single replacement they would split the job up into sporting and commercial roles. The list is said to include, Martin Whitmarsh, Ross Brawn and Stefano Domenicali for the sporting side and for the commercial side the favourite appears to be Zak Brown, the founder of the world’s biggest sports marketing company and F1’s main sponsor finder. Alejandro Agag, the current chief executive of Formula E could well be under consideration as well.
It is certainly time for a change at the top and there is plenty of potential to make improvements but equally the new management need to be aware of the foundations of F1 and what has made it so good over the years. I like many feel it has lost its way, I don't know what the answer is but I am pretty certain it isn't as simple as following the normal USA sports model!