The larger-than-life figure of Bernie Ecclestone once again wielded it's power on Thursday. Having successfully negotiated the retirement rumours, the de facto boss of Formula One was re-instated to the board that runs this lucrative sports as a business.
Former Ferrari chairman Luca Di Montezemolo is returning to the board of Formula One as a non-executive director along with former Diageo chief executive Paul Walsh, controlling shareholders CVC said on Thursday.
Formula One supremo Bernie Ecclestone has revisited his German bribery trial in a mischievous Christmas card depicting himself handing over $100 million to a masked highwayman pointing a pistol at him.
The Indian Grand Prix is expected to return in 2016 as a "fruitful" meeting between Formula One boss Bernie Ecclestone and race promoters has prepared the ground for the comeback of the high-profile event.
Formula One would rather cater for rich over-70s than chase a younger generation that cannot afford luxury watches and is more interested in social media, according to commercial supremo Bernie Ecclestone.