October 28, 2006

Bernie Ecclestone

Ecclestone is the president and CEO of Formula One (F1) Management and F1 Administration. Originally a racer, he gave up the sport after an accident in 1951, later returning as a manager and, eventually, a team owner. In the 1970s, he negotiated broadcasting rights with major TV networks that helped market the sport worldwide. In 2004, his home became the most expensive house ever sold when a steel magnate bought it for how many millions of dollars?
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