Friday, February 6, 2015

Bernie Ecclestone: From Racer to Motorsports Magnate



Before Bernie Ecclestone gained control of the commercial rights of the Formula One Group, the company that runs the FIA Formula One Championships, he started as a racer himself. 

Ecclestone, a fisherman’s son studied Chemistry in college, but his passion for motorcycles was what made him the successful man he is today. He began his business empire by selling motorcycle parts right after the 2nd World War. He then went into business with Fred Compton and opened up the Compton and Ecclestone motorcycle dealership. He also joined several races at the Brands Hatch racing circuit, but decided to quit after meeting a number of accidents while racing.

After his stint as a racer, he focused on his business ventures – some of which were still related to motorsports. He came back to the racing circuit in 1957, this time as the manager of Formula One racer Stuart Lewis Evans. He eventually went on to own his F1 team and is now the head honcho of the Formula One Group.

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