I want to talk a little bit about CVC and the way the sport is being run commercially. It seemed to make sense to split this from the 'breakaway' stuff because that is largely polluted by the debate for and against Mosley.
I've said from the start that this is only a tiny part of the problem, and that the key problem is rather CVC. Dieter Recken put it recently that if CVC wasn't around leeching half of the revenues, that the issues of governance would probably go away. Ed Gorman at the times characterised it the other way, that if Mosley went the problems with the financial sideo f things would go away.
That is dead wrong.
That's wrong. Mosley only began pushing for this stupid Formula after Ecclestone started making noises about needing to decrease the share of revenue given to the teams. Both men have worked together to try to break up FOTA, just as they've worked together for the past 30 years. Who do you think sold the rights to Ecclestone? Who do you think turned a blind eye when he hawked them to CVC and made himself a billionaire in the process? Mosley is the central problem because he's Ecclestone's inside man. Money is an issue but it's Mosley who ensures that Ecclestone always has the upper hand in the negotiations.