Bernie Ecclestone has controlled the commercial rights to Formula One for so long it seems like he always has and always will. But that's not exactly the full story. While Ecclestone was the first to negotiate for control over the sport's commercial aspects – namely its television broadcasting rights – there was a time when he had to relinquish control. And that time may come again soon. After wrestling for the commercial rights as a team owner and head of the Formula One Constructors Association (FOCA) in the 1970s, Ecclestone's burgeoning business empire was forced to sell a controlling interest to other parties.
Autoblog
See also:
gadgetsblog, Bribery scandal leaves F1's commercial future in jeopardy
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