So, Ioan, who was it that sold the 100 year, non-negotiable commercial rights to this evil Bernie for US$350 million, without putting it up to tender in a deal every analyst says was undervalued by billions?
that would be your innocent max, and it would have only happened two ways.
1. he was a poor negotiator, beaten up in negotiations by the evil bernie and even reaping less of a cut of F1's profits for the FIA's cash tin than the much-derided Balestre had negotiated.
2. he was in cahoots with so called evil bernie (which might explain the mysterious US$300 million payment that encouraged his residential move to monaco in the first place.
there is not another explanation for that deal and it doesn't matter which one is the real reason, because either way, he's not fit to continue in that position.
Not only that, but he is trying to renegotiate the non-negotiable (it was written into the original contract), largely to reduce evil bernie's tax liability.
poor evil bernie, who from 2010 will pay just US$3.5 million a year for global commercial rights to Formula One and who will have to pay tax as well!
how will he ever manage between chuckling to himself about the President of the FIA and his negotiating powers...
if you want to ignore the ignimony of the scandal - and plenty of people do, even though lesser scandals have brought down bigger corporate leaders - measure him on his professional record and financial record as FIA president. and you'll still arrive at the conclusion that the man is not fit for the job.
