Home Mobile Forum News Cookbook FaceBook Us T-Shirts etc.: Europe/Worldwide. eBay Motorsport Links Advertising  
Site Partners: SpotterGuides Veloce Books  
Related Sites: Your Link Here  

Go Back   TenTenths Motorsport Forum > Single Seater Racing > Formula One


Reply
 
Thread Tools Display Modes
Old 28 Mar 2020, 21:07 (Ref:3967444)   #106
Richard Casto
Subscriber
Veteran
 
Richard Casto's Avatar
 
Join Date: Sep 2009
United States
Durham, NC, USA
Posts: 3,492
Richard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of Fame
Quote:
Originally Posted by Mike Harte View Post
He actually ran FOM from a room in his London home - not his Biggin Hill office that was his investment group's H/Q - and he did so with the aid of just one personal assistant.
Other than working out of his house, that describes most executives. What did the structure look like below him? Everyone can't report to the top.

Note, I am not trying to take anything away from him. I have no doubt he is a force. I am just saying, no single individual can do it all in a sizable organization.

Richard

Last edited by Richard Casto; 28 Mar 2020 at 21:13.
Richard Casto is offline  
__________________
To paraphrase Mark Twain... "I'm sorry I wrote such a long post; I didn't have time to write a short one."
Quote
Old 28 Mar 2020, 23:45 (Ref:3967454)   #107
wnut
Veteran
 
Join Date: Jun 2009
Posts: 7,375
wnut has a real shot at the championship!wnut has a real shot at the championship!wnut has a real shot at the championship!wnut has a real shot at the championship!wnut has a real shot at the championship!wnut has a real shot at the championship!
Quote:
Originally Posted by P38 in workshop View Post
Did you ever ask one of the old time mechanics how much they enjoyed being out of a job at the end of the racing season?I agree that the barriers are too impenetrable these days and the retinue of hangers on has become much too large.

Yeah just ask Bernie's ol employees, Charlie Whiting(difficult), Herbie Blash, they did just fine out of Bernie shutting his team down. In all fairness to Bernie, he looked after a lot of people he didn't have to.
wnut is offline  
Quote
Old 29 Mar 2020, 11:20 (Ref:3967522)   #108
Mike Harte
Subscriber
Veteran
 
Mike Harte's Avatar
 
Join Date: Oct 2011
United Kingdom
W. Yorkshire
Posts: 3,385
Mike Harte has a real shot at the podium!Mike Harte has a real shot at the podium!Mike Harte has a real shot at the podium!Mike Harte has a real shot at the podium!
Quote:
Originally Posted by Richard Casto View Post
Other than working out of his house, that describes most executives. What did the structure look like below him? Everyone can't report to the top.

Note, I am not trying to take anything away from him. I have no doubt he is a force. I am just saying, no single individual can do it all in a sizable organization.

Richard

Richard, that was all there was as far as running FOM was concerned; one could almost say it was one man and his dog! There was no one other than his PA. FOM only expanded beyond the two of them from the moment that Liberty took over, leasing grand office space in the most expensive part of London, and taking on loads of staff to do all the work that, basically, one man had done before.

Of course, he also employed others, such as the team that drove, erected and worked in his hospitality unit at meetings. But as far as any work connected with how F1 was run commercially was concerned, it was pretty well all done personally by Mr E. He, single-handed, negotiated all contracts, from Concorde Agreements to circuit sanctioning fees to track side advertising, and so on.
Mike Harte is offline  
Quote
Old 29 Mar 2020, 11:28 (Ref:3967523)   #109
Mike Harte
Subscriber
Veteran
 
Mike Harte's Avatar
 
Join Date: Oct 2011
United Kingdom
W. Yorkshire
Posts: 3,385
Mike Harte has a real shot at the podium!Mike Harte has a real shot at the podium!Mike Harte has a real shot at the podium!Mike Harte has a real shot at the podium!
Quote:
Originally Posted by wnut View Post
Yeah just ask Bernie's ol employees, Charlie Whiting(difficult), Herbie Blash, they did just fine out of Bernie shutting his team down. In all fairness to Bernie, he looked after a lot of people he didn't have to.

Mr E was probably the most generous hearted person that worked in the world of F1, provided that you didn't cross him in public. Over the years he has bailed out several teams, most recently (a couple of years ago) when he paid the wages of one the struggling teams for a couple (or possibly more) months- I cannot remember which one at present.

And he always did so without seeking attention.
Mike Harte is offline  
Quote
Old 29 Mar 2020, 12:12 (Ref:3967525)   #110
Richard Casto
Subscriber
Veteran
 
Richard Casto's Avatar
 
Join Date: Sep 2009
United States
Durham, NC, USA
Posts: 3,492
Richard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of FameRichard Casto will be entering the Motorsport Hall of Fame
Quote:
Originally Posted by Mike Harte View Post
Of course, he also employed others,
I am not trying to be a jerk, but that is my point. While he may have been primary negotiator on contracts, I doubt he drafted final text, I doubt he did his own accounting work, etc. The list goes on. I have personally worked for someone in the past who came from the same mold and have great respect for this person. They were deeply involved in everything, but, it required a group of people under him to make it happen and not just anyone can work for a boss like that. My point is you can't parachute someone like that into an existing organization and expect the current staff to sync up with that type of management style.

New owners are highly likely to bring in a number of their own people at the top. Such as I expect Liberty has done. I expect that group may not mesh well with BE and I expect BE would want to make changes.

I suspect we both agree and our differences may just be semantics.

Richard
Richard Casto is offline  
__________________
To paraphrase Mark Twain... "I'm sorry I wrote such a long post; I didn't have time to write a short one."
Quote
Old 29 Mar 2020, 12:34 (Ref:3967529)   #111
chillibowl
Veteran
 
chillibowl's Avatar
 
Join Date: Mar 2005
Canada
winnipeg, canada
Posts: 6,832
chillibowl will be entering the Motorsport Hall of Famechillibowl will be entering the Motorsport Hall of Famechillibowl will be entering the Motorsport Hall of Famechillibowl will be entering the Motorsport Hall of Famechillibowl will be entering the Motorsport Hall of Famechillibowl will be entering the Motorsport Hall of Famechillibowl will be entering the Motorsport Hall of Famechillibowl will be entering the Motorsport Hall of Famechillibowl will be entering the Motorsport Hall of Famechillibowl will be entering the Motorsport Hall of Famechillibowl will be entering the Motorsport Hall of Fame
He may have had scores of lawyers, accountants, and bankers, but surely BE bribed them all by himself!
chillibowl is offline  
__________________
The child is grown, the dream is gone, and I have become comfortably numb
Quote
Old 29 Mar 2020, 14:10 (Ref:3967538)   #112
Mike Harte
Subscriber
Veteran
 
Mike Harte's Avatar
 
Join Date: Oct 2011
United Kingdom
W. Yorkshire
Posts: 3,385
Mike Harte has a real shot at the podium!Mike Harte has a real shot at the podium!Mike Harte has a real shot at the podium!Mike Harte has a real shot at the podium!
Richard, I think that to just finish this discussion off, it would be fair to just say that Mr E was the sole decision maker, and that any work that was done for and on behalf of FOM was at the direct instruction of Mr. E. As you say, he may not have personally drafted every bit of paper that flowed from FOM, but he did personally approve them after they had been drafted and before they went out to the recipient.
Mike Harte is offline  
Quote
Old 29 Mar 2020, 15:37 (Ref:3967554)   #113
P38 in workshop
Racer
 
Join Date: Feb 2008
Posts: 475
P38 in workshop has a lot of promise if they can keep it on the circuit!
Quote:
Originally Posted by wnut View Post
Yeah just ask Bernie's ol employees, Charlie Whiting(difficult), Herbie Blash, they did just fine out of Bernie shutting his team down. In all fairness to Bernie, he looked after a lot of people he didn't have to.

I don't think you understood my original reference.In bygone times it was common for the smaller teams to dismiss their mechanics at the end of the season.There was often a vague promise to hire them again for the following season.It certainly went on into the eighties.Compensating employees who have been made redundant was a more recent thing and it only applied to those with more than 2 years in a job.I know the same sort of thing was still happening in F3 in the nineties because the son of an acquaintance finished an apprenticeship in car mechanics and fancied a switch to racing.It was made clear to him that the job finished after the last race of the season.Fortunately by that time he managed to find another job a bit further up the motorsport ladder and moved on seamlessly.



I seriously doubt that Bernie's style of management could come back to a company quoted on a stock exchange.For one thing the "key man" insurance might be prohibitively expensive and for another all the finances would have to be open.On the other hand,if it was taken private anything might happen.It certainly doesn't benefit from being run by somebody who thinks a "Superbowl" is something to inflict on the host nation every couple of weeks.I suppose an American background isn't really ideal because geographically they are isolated from so much of the world and consequently out of step with it.
P38 in workshop is offline  
Quote
Reply

Bookmarks




Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Here I come! Devlin Formula One 22 24 May 2000 13:34
Who here loves parity? Crash Test WTCC & European Touring Car Series 1 22 May 2000 03:34
Bit dead in here isn't it? Graham Sportscar & GT Racing 4 6 May 2000 12:59
Y2K Moderators...reply here! Invader Announcements and Feedback 2 13 Feb 2000 12:28


Powered by vBadvanced CMPS v3.2.3

All times are GMT. The time now is 19:31.


Powered by vBulletin® Version 3.8.9
Copyright ©2000 - 2020, vBulletin Solutions, Inc.
Original Website Copyright © 1998-2003 Craig Antil. All Rights Reserved.
Ten-Tenths Motorsport Forums Copyright © 2004-2018 Royalridge Computing. All Rights Reserved.