Bernie Ecclestone

Date of Birth: October 28, 1930

Zodiac Sign: Scorpio

Biography

Bernard Charles Ecclestone, known as Bernie Ecclestone, is a British business magnate best known for his significant influence in the world of Formula One racing. Born on October 28, 1930, in St Peter, South Elmham, Suffolk, England, Ecclestone rose from humble beginnings to become one of the most powerful figures in motorsport. He left school at 16 to work as a chemical laboratory assistant and later went into business trading spare motorcycle parts. His early involvement in motorsports began with motorcycle racing, and he eventually moved into car racing as both a driver and a manager. Ecclestone’s most notable achievement is his transformation of Formula One into a globally recognized and highly lucrative sport. He took control of the commercial rights to Formula One in the late 1970s and turned it into a billion-dollar industry through savvy business deals and media rights management. His business acumen and sometimes controversial decisions have earned him both admiration and criticism. Despite stepping down from his chief executive role in Formula One in 2017, Ecclestone’s legacy in the sport remains indelible.

5 Interesting Facts about Bernie Ecclestone

1. Bernie Ecclestone initially pursued a career in motorcycle racing before transitioning to car racing.

2. He bought the Brabham Formula One team in 1971 and owned it until 1987.

3. Ecclestone was instrumental in the formation of the Formula One Constructors Association (FOCA).

4. He is known for his role in negotiating lucrative television contracts that significantly boosted Formula One’s global reach and profitability.

5. Ecclestone has been involved in various legal controversies, including a high-profile bribery case in Germany, which was settled in 2014.

5 Most Interesting Quotes from Bernie Ecclestone

1. “You can’t make a revolution with silk gloves.”

2. “The problem is that the people with the most money are the most boring.”

3. “I think people should make up their own minds as to what they want to do with their lives.”

4. “I’m not a great planner; I just make it up as I go along.”

5. “If you want to be successful, you must respect one rule: Never lie to yourself.”

Highest Net Worth Achieved

Bernie Ecclestone’s highest net worth is estimated to have reached approximately $3.5 billion.

Children

Bernie Ecclestone has four children: 1. Deborah Ecclestone, from his first marriage to Ivy Bamford. 2. Tamara Ecclestone, from his second marriage to Slavica Radić. 3. Petra Ecclestone, also from his marriage to Slavica Radić. 4. Ace Ecclestone, from his current marriage to Fabiana Flosi.