The defending world champions Red Bull Racing team Principal Christian Horner says that Bernie Ecclestone is absolutely the right guy to be running Formula One.
Formula One commercial right holder Bernie Ecclestone leading this sport, over 40 years, but his control is presently under investigation as he is facing two separate court cases.
Ecclestone last month indicted by German prosecutors following his payment of $44m (£29m) to Gerhard Gribkowsky of Bayern Landesbank to smooth the sale of a 47% stake in the sport to its current owners, the private equity company CVC Capital Partners, in 2006.
“Bernie is a unique individual who has run Formula One tremendously successfully for the last 40 or 45 years, the business, as it is today, is because of the way he has run it and operated it. It is unimaginable for him not to be there.” Horner said.
“It’s obviously very difficult for us to judge the issues (Ecclestone) is currently dealing with, but I’m sure he is fully focused. So long as Bernie is able to run the business, then he is absolutely the right guy to be running it. It’s as simple as that.” Horner added
“And he has the full backing of the shareholders of Formula One. Bernie is a remarkable guy, and I doubt he has given much thought to succession to be honest with you because he is focused on the here and now, which is where the issues tend to be. ”
“I hope he goes on for a long time to come.”