dans79 wrote:GitanesBlondes wrote:They wouldn't as whomever eventually takes over is going to be thinking solely in terms of maximizing CVC's profits.
A lot of people are forgetting that F1 is run solely as an investment for CVC. They will do the bare minimum to ensure they are making money. They didn't buy into F1 for altruistic reasons.
True, but hopefully the new person, would be self aware, and not routinely make him/herself look senile in the press. At this point Bernie hurts F1 more than he helps it as far as I'm concerned.
I've never bought into the Bernie as a senile old man.
It's probably the greatest act he has ever pulled off; convincing the bulk of F1 fans and even the teams for that matter that he is out of touch with reality. Just consider it from a logical point of view. What private equity group would ever have an 84 year old man being the point man making the big decisions if he was senile and out of touch with reality?
Simple answer is that they wouldn't. No company would unless they wanted to be a perennial money loser, and CVC is not that group.
If anything, Bernie's senile act went out the window as soon as the whole court case was cleared up.
There was a transcript with Bernie recently that Christian Sylt posted on Forbes.com where when you actually read the answers Bernie gives, you'll see he's quite in command of everything that is going on as well as quite lucid. Sure there's going to come a day where this no longer applies, but it still hasn't happened yet.