Hot on the heels of renewed talk of a F1 ‘breakaway’ series, reports quote Ron Dennis as accusing Bernie Ecclestone of stealing the sport’s commercial rights from the teams.<\/p>\n
The McLaren supremo’s comments appear in the new Ecclestone biography called ‘Bernie’.<\/p>\n
“Bernie effectively stole formula one from us,” Dennis charged.<\/p>\n
He is referring to the transfer of F1’s lucrative commercial rights from the team-led Formula One Constructors’ Association (FOCA) to Ecclestone’s company in the 90s.<\/p>\n
“He used this commercial benefit to persuade the teams to accept a contract that eliminated them from the passing of rights as had previously existed,” Dennis said in the book.<\/p>\n
McLaren – as well as Williams – contested the transaction, claiming that some of the profits of the rights’ subsequent sale belonged to them.<\/p>\n
The British teams also sued the law firms that represented them for giving bad advice, but Ecclestone insists they simply regretted not making a wiser decision.<\/p>\n
“It’s only when things started to look good and I invested the money and it started to work that they thought maybe they should have done it,” said the 80-year-old.<\/p>\n
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