Formula on is a european, slightly old money, exclusive sport. The man who owned formulaon and ran it as a kind of personal fiefed em for decades was called burney eccleston. He has gradually been moved aside by a private ecrety firm that took a controlling stake in two thousand six. And more recently, after c b c sold it to a us Melia conglomerate called liberty, who have taken mister eckleson out of the picture entirely.