Wasserman (2003) suggests that Founder-CEO succession in organizations involves a transition from a leader to a “professional management” team. This unique and timely qualitative study on Formula One’s 82 year old CEO identifies the roles he undertakes. This archival analysis of online publications, ranging from the 1997 sale of the commercial rights to the start of the 2011 season, is an in-depth examination of his predominant role of negotiator within the organization and the context in which this role is fulfilled. The purpose of this paper is to examine whether the current incumbent Bernie Ecclestone would be more effectively succeeded by a professional management team.
Ciolfi, Jennifer L. Ms and Stuart, Stephen Dr
"Organizational Succession in F1: An Analysis of Bernie Ecclestone’s Roles as CEO of Formula One Management,"
International Journal of Motorsport Management: Vol. 2
, Article 1.
Available at: http://scholar.wssu.edu/ijmm/vol2/iss1/1