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By racechick
#413648
he's just been on the tele, BBC news. Asked about the case and why he paid the 60 mil, he replied. "I'm innocent. I paid the money to make it all go away. " :thud::headshake::knob:
User avatar
By stonemonkey
#413649
Really RC, what did you expect him to say?
User avatar
By racechick
#413650
"Bribery got me what I wanted in the past, I thought I'd try it again. I've got it off to a fine art now." No?
User avatar
By stonemonkey
#413652
I'm sure that's what he wanted to say but his advisors helped him out with some of the wording.
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By darwin dali
#415248
Red Bull boss Christian Horner, a long-time ally of Ecclestone, also welcomed the news.

"It's great that Bernie is full time again! Formula One needs Bernie at the moment. There are a few issues to get on top of and there is no one better to do it than the little man himself."

Read more at http://en.espnf1.com/f1/motorsport/stor ... lTuD1ZJ.99

:hehe:
User avatar
By darwin dali
#423119
Bernie likes paying taxes in Switzerland:ferret:


Formula 1 head and billionaire Bernie Ecclestone denies using Switzerland as a tax haven. In an interview with the Tages-Anzeiger newspaper, he says did not come here to optimise his tax burden.

The 84-year-old, who lives in Gstaad in canton Bern, pays tax on a lump sum basis. This taxation deal, available to foreign nationals resident in Switzerland, is based on the taxpayer’s annual living expenses rather than on their income and assets.

As Ecclestone told the newspaper, he also has a home in London and pays taxes in Britain. His fortune is estimated at between CHF2.5-3 billion ($2.6-3.1 billion); he declined to reveal his tax bill to the Tages-Anzeiger, saying simply, “I can tell you that I pay a lot of taxes in both countries”.

Switzerland and Britain have a double taxation accord stipulating that people with homes in both countries need only pay taxes in one of them. Asked why he pays in two countries, Ecclestone said he was aware that he could take advantage of that agreement.

“I voluntarily and happily pay taxes in Switzerland because I know that in Switzerland, the tax money isn’t wasted,” Ecclestone said, referring to Switzerland as his second home.

He also cited his donations to projects like the Glacier 3000 mountain cable way project as well as the renovation of Hotel Olden in Gstaad.
By What's Burning?
#423121
When asked about his philanthropic efforts, Mr. Ecclestone stated he's not signed a deal with them to host a GP yet.
User avatar
By Jabberwocky
#423250
My biggest thing about the 3 car teams is that someone has to come last, and they get the least money from sponsors.

So if 2 more teams are going to go, I am guessing Sauber, and Force India. What happens in 2015 when Toro Rosso are back markers and bring in no TV money. Boom they fold, year later when Lotus are in the same boat?
By What's Burning?
#423251
hard the take him seriously... and then you realize he's driving the bus.
User avatar
By darwin dali
#423269
Sometimes it is better the devil you know

LdM vs SM? :wink:
By What's Burning?
#423270
The serious damage Bernie is doing through FOM is really to the venue operators. More than the revenue from TV that's shared amongst the team. The reality is that most circuits big and small that host an F1 event are doing so at a loss when all is said and done. The charge to host an event is obscene and it's why the cost for a decent grandstand is 500 dollars for the weekend, and even with this it's not enough for the operators to make it work. They take zero in from advertising and from my understanding don't even take money in from on track corporate hospitality as that's also bundled in to the FOM contract.

The sport is being stabbed to death by the little troll with a double edged knife.

Oh yeah, one more thing, those engines that he didn't say a peep about the the last three years while the FiA was working out the regulations with the manufacturers... according to Bernie they should throw them out because that's what really damaging the sport. :rolleyes:

Talk about someone needing to trip the fool so he falls and breaks a hip.
By LRW
#423282
The serious damage Bernie is doing through FOM is really to the venue operators. More than the revenue from TV that's shared amongst the team. The reality is that most circuits big and small that host an F1 event are doing so at a loss when all is said and done. The charge to host an event is obscene and it's why the cost for a decent grandstand is 500 dollars for the weekend, and even with this it's not enough for the operators to make it work. They take zero in from advertising and from my understanding don't even take money in from on track corporate hospitality as that's also bundled in to the FOM contract.

The sport is being stabbed to death by the little troll with a double edged knife.

Oh yeah, one more thing, those engines that he didn't say a peep about the the last three years while the FiA was working out the regulations with the manufacturers... according to Bernie they should throw them out because that's what really damaging the sport. :rolleyes:

Talk about someone needing to trip the fool so he falls and breaks a hip.


:clap:

My thoughts exactly.
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