Finding Formula 1's next owner

Finding Formula 1's next owner

Dieter Rencken investigates the ever-intensifying battle over Formula 1's lucrative commercial rights, and asks if the present owners are preparing an exit strategy

Last week this column related how F1's three primary factions - the Formula One Teams Association (FOTA), the FIA and Bernie Ecclestone - are squaring up to negotiate a renewed Concorde Agreement, the covenant which governs this most complex and expensive of sports. If it erred in any way it was in underestimating the full extent of the politics raging between the FIA and the Formula 1 commercial rights holder.

No sooner had this column predicted an escalation in hostilities than Ecclestone reportedly referred to the FIA as "a joke".

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