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Ferrari has the power to “veto” the successor to Ecclestone. Options
Tomick
#1 Posted : 06 December 2013 16:10:30

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Bernie Ecclestone has clarified that a prospectus states:

“We must obtain the written consent of Ferrari prior to the appointment of any person as our chief executive officer if, within the past five years, he or she has held a senior executive office or an ownership interest of 5% or more in any Team or automobile manufacturer which either owns more than a 5% interest in a Team or is a supplier of engines to a Team.”
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