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The first thousand five hundred and sixteen chapters

"One of the world's three major sports events, the F1 event that is as famous as the Olympics and the World Cup, may face its first suspension since its establishment 68 years ago!"

The French Sports Channel, a subsidiary of Lagardere Media Group, was the first to start striking momentum in France, with the advantage of its own media and mouthpiece, that is, it can snatch the other party's head before the opponent can react.

In the field of public opinion and media, Chuke Technology, Lagardale, and LMC Free Media Group have completely exaggerated Bernie Extone and CVC private equity funds.

"It is reported that the suspension faced by F1 this time may be due to internal income distribution issues. In recent years, various voices have frequently been heard within the entire F1 due to revenue issues. Every year, the F1 team has withdrawn from the F1 competition. There are rumors that the world's first F1 track, located in the Silverstone Circuit in the UK, may also have to withdraw from the F1 event due to loss issues!"

The German No.1 Sports TV, owned by Constantine Media, was trying hard to blackmail F1 and Bernie, and even the first Sports TV station did not broadcast the match between Bayern Munich and Schalke in the Bundesliga that night.

Instead, a special documentary called "F1 Lost Ten Years", released a lot of insider information in F1. Among them, Bernie Extone's insider trading CVC private equity funds is only part of the old history. In addition, major F1 teams have struggled to survive and are exploited by Bernie. The small F1 team has no sponsors or advertisers at all, and they cannot get F1 resources and can only act as cannon fodder.

The entire special documentary, which is facing nearly 40 million sports users in Europe, has severely criticized Bernie Extone, believing that F1 has not made any progress in the past decade. On the contrary, the F1 team has fewer and fewer races, which is entirely because of Bernie Extone. He regards F1 as a private cash machine. In the 40 years he has been in charge of F1, his net worth has exceeded 4 billion US dollars, which is almost equivalent to the total valuation of an F1 event!

Following closely behind, Time Warner TV, a subsidiary of LMC Free Media Group, also began to report on F1 internal strife, and Viacom CBS TV also began to report on big fanfare.

It is not limited to the sports industry, the entire F1 shutdown spreads across the entire media industry like a hurricane. North American CBS, Time Warner, European BBC, ITV, Tokyo NHK and then domestic CCTV all started to report on this on the news channel.

Not to mention the Internet media field, the media under Chuke Technology has been clamoring for a long time in the Internet media. Yahoo News, Microsoft MSN News, Facebook, Renren, Youtube, MSN, Oriental Network and other global Internet media are all competing to report.

Among them is the domestic Central Media and TV station, who stood directly on the side of Oriental Sports, and cursed Bernie Extone in a corner.

"Today, there was an unexpected event in the F1 event. Many F1 teams and the track demanded the removal of Bernie Extone's position. The specific situation is still unknown. Bernie has been in charge of F1 for more than 40 years. In these forty years, Bernie has made F1 one of the three major sports events in the world. Last year, Forbes estimated the net worth of Bernie was 4 billion US dollars, ranking ninth on the British rich list."

Just listen to everything. Just listening to the previous words, it seems that the good central media gave Bernie a compliment, but it is a bit unfair to contact the latter words. "But in recent years, although F1's revenue has continued to expand, with a net profit of more than US$1.1 billion last year, ranking fifth in the world's most profitable sports event, second only to the Champions League and the American Football League. However, F1 teams have withdrawn from F1 events for three consecutive years, including the Honda F1 team that withdrew from the early this year. It is reported that they cannot afford the team that continues to lose money!"

"In addition, the losses of major F1 tracks are even more terrible. Because there is no advertising investment and naming rights, and based on ticket revenue of less than ten races a year, the world's top F1 tracks are constantly being abandoned. Even in Shanghai F1, Yanjing F1 profit is not very ideal."

The previous words of the Central Media and the later ones make people feel a little bit more interesting. Bernie's wealth continues to rise, but F1 events and F1 tracks continue to lose money. Where did the money you made go?

This makes people think a lot. In addition to F1's cheating income dividend system, F1's income distribution is highly confidential. This is the only one of all sports events in the world, that is, the money earned by F1 is not announced to the public. The outside world does not know how to distribute it. It is entirely decided by Bernie.

When these reports appeared in front of domestic audiences, countless people had a saying in their minds, "Old but not die is a thief." Bernie is completely cheating, and the entire F1 problem was caused by Bernie Extone.

The preconceived concept is terrible. Even if there are reports of whitewashing Bernie, it cannot completely change the impression of ordinary people.

Not only at home, but also under the promotion of Lagardere, Chuko Technology, and LMC Free Media Group, the global mainstream media basically seem to be on the opposite side of Bernie Extone.

Even though British BBC TV stations and others continued to speak for Bernie, the surging public opinion had already rushed towards Bernie and F1 holding companies, and the voices of Bernie's stepping down were already rising one after another.

If so many media were watching F1 before, Bernie Extone would probably wake up with a smile, which means that a large number of advertisers and sponsors were coming.

But so many media have brought Bernie Extone down, so that is not a good thing.

Faced with the surging public opinion, the British investigative agency that had been blatantly standing on Bernie's platform, also felt tremendous pressure. After all, the face is still a little bit more. Although they don't want it at all, the London investigative agency had to announce that it would accept the lawsuit against Bernie by Constantine Media Group!

The entire F1 turned into a mess almost overnight, and Bernie may face jail. The lawsuit from Constantine Media Group, sky-high compensation, strikes of major F1 teams, suspension of the F1 track, led to the ongoing Bahrain Formula 1, and the ongoing Bahrain Formula 1. Yanjing Sports Club and Lagardale Sports Group took advantage of the situation to announce that the F1 event will no longer sponsor the F1 event before the F1 matter is resolved.

This has added fuel to the fire. Major F1 sponsors and advertisers were also afraid that F1 would really close, so they would waste their money and announced that they would suspend sponsorship expenses.

However, major sports TV stations are still broadcasting the competition with great enthusiasm. After all, they have already paid for it. More importantly, even if there are no cars on the track, countless users around the world who are watching the fun are still eating this melon.

For a time, a famous scene that had not been seen in F1 for decades appeared. The participating F1 team, the drivers were basking in the sun at the departure point with a confused look on their faces. The major sports TV stations broadcasting F1 events were facing the empty track. The event commentator was eating the big melons of F1. The most nonsense was that the ratings were actually pretty good. It can be seen that eating melons and watching the fun is a common feature of everyone in the world. After all, there are still two countries that have artillery fires all over the sky. People from the third country stand on the hillside to watch the fun, which is more leisurely than a spring outing. The scene seems nothing now...

"Bernie, this matter must be resolved. Once the suspension exceeds 24 hours, this year's F1 event may not continue!"

At the headquarters of CVC Private Equity Fund, a group of boards and F1 executives gathered together, and the two sides were arguing. As the major shareholder of F1, CVC Private Equity Fund asked Bernie to solve this problem immediately, but F1 holding company, which has always ignored CVC Private Equity Fund, naturally ignored these things.

The smoke-filled conference room, MacKenzie's smell of smoke, and more and more unfavorable news made MacKenzie lose patience. He didn't want F1 to be shut down. In addition to the huge losses, the price of F1 will be lower once. The other party can shut down F1 once, and the F1 company that has been held in the key will be swallowed up in the end!

Bernie Eckstone's hair became whiter overnight, without makeup, and the wrinkles on her face became a little bit more.

"I will solve this problem. Those are just clowns. F1 is definitely supporting me. If you didn't let me participate in this damn board, the F1 Grand Prix held in Bahrain would not have been suspended at all!"

Bernie also said helplessly. Suddenly, the opponent launched a fierce attack, and wave after wave, which caught Bernie off guard. If he rushed to the Bahrain F1 Grand Prix scene in person, he would definitely be able to stay in the venue and would not allow a sudden suspension to happen.

"I promise that this matter will be resolved soon. Lagardere Sports, Oriental Sports and the LMC Free Media Group cannot do anything about F1. Those F1 teams and tracks that follow the buzz will also be punished as they deserve!"

Bernie said murderously. Now, if Bernie doesn't know who his opponent is, he has been driven home to retire more than ten years ago.

When he saw Bernie Extone, he thought it was just F1's business. Mackenzie said irritably, "Bernie, we believe you, otherwise the board of directors would not have accompanied you until now, but do you know that it is not only F1's problem now, but CVC is being reviewed in more than 40 regions in North America, Europe, and Asia because it involves insider trading. Once this lawsuit is lost, CVC private equity funds will face punishment of more than a few billion US dollars, and the entire CVC private equity funds may be swallowed up!"

Mackenzie said with red eyes that the situation was beyond his expectations, especially in North America. For such things, he stretched his hands very long and could find faults even if he had nothing to do, not to mention that there was profitability this time. Mackenzie has heard that the Wall Street group and some people he didn't know are promoting this matter. He wants to give CVC private equity funds a blow. If possible, not only will he make a mistake from CVC, but he will also swallow CVC's investment industry in North America!

North America is indeed eyeing CVC private equity funds, and it is acting quickly. It has started to review CVC North American investment. The reason for its speed is that it is due to the gambling institutions in Las Vegas. For those who are blocking their way, they can do everything. When CVC private equity funds become the biggest obstacle to F1 cooperation with gambling institutions, those gambling institutions in Las Vegas and even European gambling institutions naturally caught CVC private equity funds and tried hard.
Chapter completed!
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