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CVC’s shock at F1 boss remarks
CVC, the private equity firm that owns Formula 1, yesterday said it was “shocked” at comments made by motor racing boss Bernie Ecclestone, who praised Hitler’s ability to “get things done”. The remarks are a massive humiliation for CVC, which invests money on behalf of Jewish funds. The 78-year-old racing mogul’s comments caused outrage at the weekend, provoking speculation the F1 could be boycotted by the Jewish community. Ecclestone has said he unreservedly apologises after facing international condemnation for his remarks about the German dictator.