CVC succession plan starts...

[rubystone]

Justin King (father of Jordan King) to leave CEO role at Sainsbury's in July this year....

[Redlake27]

It has been rumoured that he could be a Bernie successor. He certainly would bring the type of businesslike credibility that F1 needs to attract new consumer sponsorship investment...rather than investment from obscure financiers.

[Likes Fast Cars]

rubystone - you know the track record of retailing CEO's moving to run anything other than a supermarket chain, not very successful. If they go for a listing (partial or full) the markets will want assurance that the (new) CEO is fully capable of doing the job. Let's hope whoever it is can improve F1.

[Derek Smith]

rubystone said:

Justin King (father of Jordan King) to leave CEO role at Sainsbury's in July this year....

His name's been mentioned a few times in the past.

He's a suits man I think, and they will become more influential as the days go by. If they are still looking for a floatation then the likes of King would, I assume, be the type to go for.

[Likes Fast Cars]

The “suits” have been (too) influential in the past, these days investors are looking for “put up or shut up”. That will be the challenge IMO, getting someone with real passion for the sport, financial savvy, AND the vision to create sustainable value.

[rubystone]

Likes Fast Cars said:

The “suits” have been (too) influential in the past, these days investors are looking for “put up or shut up”. That will be the challenge IMO, getting someone with real passion for the sport, financial savvy, AND the vision to create sustainable value.

I would have liked to have seen Adam Parr in the mix. Clearly a very clever coprorate guy but I get the feelling he has passion about the sport. I haven't yet laid my hands on his cartoon book (or perhaps we should term it a "graphic novel"), but it's meant to be very funny.

[Likes Fast Cars]

rubystone said:

I would have liked to have seen Adam Parr in the mix. Clearly a very clever coprorate guy but I get the feelling he has passion about the sport. I haven't yet laid my hands on his cartoon book (or perhaps we should term it a "graphic novel"), but it's meant to be very funny.

Maybe his cartoon book is good, but ADAM PARR? Do you want F1 to be "below par"?

[zoom star]

This Sainsbury guy was on the radio2 news saying he would not count himself out as the new boss of f1

[Likes Fast Cars]

Where there's smoke there's fire...

A real "I'm available" signal to CVC if ever I heard one.

[rubystone]

zoom star said:

This Sainsbury guy was on the radio2 news saying he would not count himself out as the new boss of f1

I heard the CEO of the 99p shop quoted as saying he hadn't ruled out the CVC post either

[belleair302]

I still think Zac Brown in the man CVC want to take over from Bernie.....American, has driven cars, owned a sponsorship agency, knows the corporate world and is wealthy enough to not bow to team owners and share holders.

[Eric Mc]

As long as it's not JONATHAN King.

[GadgeS3C]

Eric Mc said:

As long as it's not JONATHAN King.

Wasn't he involved in the Rocky Horror Show - his fashion sense might entice Max back