Bernie Ecclestone Biography

Born 28th October 1930 Suffolk, England, Bernard "Bernie" Ecclestone is the president and CEO of Formula One (F1) Formula One Management and Administration. It also has a healthy share of Alpha Prema, the parent company of Formula One.

This is why Ecclestone is often used as the primary authority in Formula 1 races. The popular press often addresses as "F1 Supremo". Ecclestone has also co-owner of Queens Park Rangers Football Club in its early years,Ecclestone was a competitor and race driver manager Stuart Lewis-Evans and Jochen Rindt.

At the end of World War II, Ecclestone went into self-employment, trade of spare parts for motorcycles. He then formed the Compton & Ecclestone motorcycle dealer with Fred Compton, and also in 500cc Formula 3000. It was limited to a few events, but had to give up racing all together after a serious accident in 1951 at Brands Hatch.

After the accidentEcclestone began a lucrative career in real estate and loan financing and managed the company weekend Car Auctions. Ecclestone to run again in 1957 and Managed Lewis-Evans and purchased the F1 Connaught team.

Ecclestone continued to manage Lewis-Evans, when he moved the team Vanwall, but would retire after that during an incident in which Lewis-Evans suffered fatal injuries in an accident shook the Moroccan Grand Prix. But friendship with fellow ex Roy EcclestoneSalvadori led him to manage and a partial owner of Rindt's Lotus Formula 2 team.

Rindt also suffered fatal injuries during an accident at the Monza circuit. After the two deaths, Ecclestone has given the administration time and moved to full ownership. In 1972 he bought the Brabham team and began to press for control of F1 team, finally, is the Formula One Constructors' Association, with Frank Williams, Teddy Mayer, Ken Tyrrell, Max Mosley, and Colin Chapman.

Ecclestonewas CEO of Foca in 1978, and negotiated next Mosley, legal issues with the FIA, who finally granted television rights to FOCA. Soon established Ecclestone Formula One Promotions and Administration, what the teams 47% of revenue, 30% to the FIA, and 23% to FOPA. mix in 1990, television rights between Ecclestone, the teams and the FIA, Ecclestone just to see emerge on top in 1997.

In 1999 Ecclestoneunderwent major heart surgery, but is still strong and a sense of business as usual. He is one of the richest people in England, and it is a bit 'to donate some of his immense wealth for a good cause. Ecclestone is also the main reason for the worldwide popularity of F1.

Without television coverage of F1 would reach only a small percentage of his fan base going. As proof of ability to sell Ecclestone, has sold a home in London who has never lived in the steel magnateLakshmi Mittal to 57.1 million pounds (over 100 millionUSD).