Ferrari could veto Ecclestone's successor
Bernie Ecclestone has revealed that Ferrari is the only team that would have the power to veto his successor.
Christian Horner was named as Ecclestone's preferred candidate to replace him as CEO of Formula One, with Ecclestone saying "Christian would be ideal. I would be happy to hold his hand. We could have a transitional period. It needs someone who knows the sport. If someone comes in from outside, a corporate type, I don't think I could work with them. It wouldn't last five minutes."
However, in an interview with CNN, Eccelstone claims he only made the comments because Horner was nearby at the time at that Ferrari would have the power to reject such a move.
"Somebody said to me, 'What happens when you go, what's going to happen?' Christian walked past and I said: 'What about him? He is a good guy.'
"Firstly CVC would never agree and secondly Ferrari would have a say."
The prospectus for the flotation of Formula One on the Singapore stock exchange has previously revealed that Ferrari also has the right to veto any changes to the regulations.
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