Bernie Ecclestone offers aid in F1 promoters dispute

Bernie Ecclestone says he is willing to help resolve the ongoing dispute between several Formula 1 race promoters and Liberty Media.

The Formula One Promoters' Association, representing 16 of the 21 events on the calendar, held a meeting and afterwards revealed that the circuits are threatening to quit the sport. Although not supported by some race hosts including Russia and Mexico, they are nonetheless concerned about the loss of free television coverage, the addition of new races, and the terms of their contracts.

Ecclestone, now the nominal 'chairman emeritus' of F1 following his ouster by Liberty, has also been largely opposed to how the new owners have run the sport since the 2016 takeover.

But he told the Daily Mail newspaper that he is willing to get involved in the dispute with the promoters.

"If people say I should be involved that is up to them," Ecclestone, 88, said. "I am an employee of the company and will do what I am told. If they want me to help, I am willing to do so. I don't want to lie on my deathbed and see the sport I created go downhill."

Also not involved in the promoters' revolt are Monaco, Bahrain, Japan and Abu Dhabi.

Ecclestone has also been rumored as a possible buyer of Formula 1, should Libery prematurely decide to sell a controller share of the league.

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