Sep 20, 2016

    F1 chairman hints at rift with Ecclestone

    NEW chairman Chase Carey said Formula One cannot continue as a "dictatorship", as speculation grows over the role of long-term supremo Bernie Ecclestone under the sport's incoming American owners.

    Ecclestone has built F1 into a global powerhouse over the past four decades but Carey said US mogul John Malone's Liberty Media now want to take it to new heights.

    "You cannot make everybody happy all the time, but you've got to understand what everybody wants and then find

    a path," he told the official

    F1 website at the

    Singapore Grand Prix.

    "Sure, that is not a task for a committee, as committees tend to become bureaucratic - but there also can't be a dictatorship - even if probably here they are used to it."

    It indicates an ideological split between the moustached American Carey and Ecclestone, 85, who has warned he could walk away if things do not

    go his way under Liberty.

    Under the takeover, which values F1 at US$8 billion

    (S$11 billion), flamboyant deal-maker Ecclestone remains as chief executive with Carey brought in as chairman.

    "The only thing I have to do is die and pay my tax. Short of that, I don't have to do anything," Ecclestone told Sky Sports, when asked about how he might work with Carey.

    Carey said he was a "bit

    too old to be an apprentice" under Ecclestone after a

    30-year career in media

    and entertainment.

    "With all credit to Bernie, he's had enormous success - the world admires Bernie

    for the business that he has built," Carey added.

    "But I still think that there

    is another level that we can take Formula One to."

    It could also signal a shift from Ecclestone's strategies which have placed F1 races

    in Baku, capital of Azerbaijan, and Yeongam in rural

    South Korea.