Good Bad Billionaire Bernie Ecclestone: Fast money
Mar 5, 2024
Explore the rise and fall of Bernie Ecclestone in Formula One, from humble beginnings to billionaire status. Delve into his lavish lifestyle, legal troubles, and power struggles in the sport. Uncover his controversial legacy and questionable philanthropy, leaving fans and critics divided.
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Bernie's Early Hustle
- Bernie Ecclestone started with paper rounds and selling motorbike parts for profit at a young age.
- His early hustle and entrepreneurial spirit led him gradually from racing bikes to car dealership ownership.
Stuart Lewis-Evans Tragedy
- Bernie managed his friend and driver Stuart Lewis-Evans who tragically died in the 1958 Moroccan Grand Prix.
- This loss deeply affected Bernie and pushed him away from racing towards business roles.
Buying Brabham Racing Team
- Bernie bought the Brabham Formula One team in 1971 for £100,000 and focused on improving its business operations.
- He treated ownership seriously versus the typical glamorous and risky racing culture of the 1970s.