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The Architect of Acceleration: Bernie Ecclestone and the Rise of Formula 1’s Elite Era

Bernard Ecclestone is credited as one of the most influential figures in the history of Formula 1, transforming the sport from a European-centric competition into a global media and commercial powerhouse.

Por: Alejandro Carrillo April 22, 2025

Bernard Ecclestone is credited as one of the most influential figures in the history of Formula 1 / Photo via F1

Bernie Ecclestone journey began far from the luxury circuits and sponsorship deals. Born on October 28, 1930, to Sidney and Bertha Ecclestone, he was raised in modest surroundings of Bexleyheath, UK. His father worked as a fisherman, and his mother stayed at home, reflecting the humble beginnings from which his empire would rise.

Long before he revolutionized the sport’s structure, Bernard Ecclestone was behind the wheel himself. In the early 1950s, he entered the world of Formula 3, even co-founding the Compton & Ecclestone team. However, a crash in 1951 at Brands Hatch abruptly ended his driving career.

That moment shifted his path, pushing him toward team management and driver representation. Among the notable talents he managed were Stuart Lewis-Evans and Jochen Rindt, the latter becoming Formula 1 World Champion in 1970.

From pit lane to power

Despite his growing interest in motorsport, Ecclestone also explored other business avenues. He made strategic investments in real estate and auctions, accumulating both wealth and an influential network. But his defining impact on Formula 1 began in 1972, when he purchased the Brabham team for £100,000. Within a decade, Brabham secured two world titles, in 1981 and 1983, with Brazilian driver Nelson Piquet.

That same year, Bernard Ecclestone co-founded the Formula One Constructors Association (FOCA) alongside other team owners. This marked a pivotal moment in the sport’s commercial development. FOCA challenged the FIA’s control over television rights and commercial revenues, with Ecclestone at the forefront of negotiations.

His efforts culminated in the creation of the Formula One Promotions and Administration (FOPA) in 1981, which later evolved into Formula One Management (FOM). Through this structure, Ecclestone centralized the control of the race organization, sponsorship, and media rights.

Wheel deals and world titles

Under his guidance, Formula 1 expanded beyond its traditional venues. New races were introduced across Asia, North America, and the Middle East, significantly increasing global viewership. The sport began to attract major corporate sponsors and media deals, turning Formula 1 into a premium global product.

The legacy of Bernie Ecclestone is visible in the sport’s financial achievements. In 2023, Formula 1 generated $3.222 billion in revenue—a 25% increase from the previous season. Broadcasting rights accounted for over $1 billion, making up more than 32% of total income, a model developed under Ecclestone’s commercial leadership.

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From the pit lane to the boardroom, Bernie Ecclestone reshaped Formula 1 with a business-minded vision that prioritized growth, spectacle, and global appeal. What began as a passion for racing became a lifetime quest to redefine a sport—and in doing so, he left a permanent mark on the world of motorsport.

Key information about Bernie Ecclestone

When did Bernard Ecclestone acquire the Brabham team? In 1972, for £100,000.
What major organization did Ecclestone help found in 1972? He co-founded the Formula One Constructors Association (FOCA).
How much revenue did Formula 1 generate in 2023? It generated $3.222 billion.
What was Ecclestone’s original role in racing? He started as a Formula 3 driver before becoming a team manager.