A brief history of Formula One (Part 3)

In the early 1970s Bernie Ecclestone reorganized the management of Formula One’s commercial rights, turning the sport into an international billion-dollar business. In 1971 he invested in the Brabham team and so gained a seat on the Formula One Constructors’ Association (FOCA) and in 1978 he was voted president. Until Ecclestone, circuit owners controlled many […]