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New F1 boss to ‘rein in’ Ecclestone – report

A source has reinforced reports Bernie Ecclestone could be ‘reined in' by the incoming new F1 chairman. Last week, the Financial Times (FT) reported that F1 supremo Ecclestone's long reign is under threat by former Diageo chief Paul Walsh, who is being lined up to take over from current chairman Peter Brabeck. 'Paul has been courted for nine months now,' a source close to Walsh told Management Today. The FT had claimed CVC chief Donald Mackenzie is behind the impending change because he wants 'a more professional approach to the running of' the sport. The source close to Walsh confirmed: 'Paul would want to rein (Ecclestone) in to some extent from a good governance point of view' and...
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