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F1 News - Daughter doesn't want to succeed F1 boss Ecclestone - August, 2011

Aug.22 (GMM) The daughter of F1 chief executive Bernie Ecclestone insists she has no plans to follow in her father's footsteps.

27-year-old Tamara Ecclestone, the eldest of Ecclestone's two daughters, has worked as a F1 reporter for Sky Italia and earlier studied at the London School of Economics.

But she told the Mail on Sunday that she has no plans to replace her dad, the British billionaire who for decades has sat at the helm of formula one.

"Recently my father declared that he could envisage a female CEO at F1 in the next three years. I wouldn't advise anyone putting a bet on that woman being me," said Tamara Ecclestone.

"Those are big shoes to fill and my feet are completely the wrong size for that job. I would hate to be the person to undo his years of amazing work. I'd reduce the whole operation to chaos within hours," she joked.

At any rate, Ecclestone said her diminutive father - who turns 81 in October - has no plans to step down.

"For my dad it's not about making more money, it's about the next successful deal," she said.

"It's not like he needs an extra few million. He doesn't need to work and hasn't needed to do so for years -- but he's got too much of an active mind to ever consider retirement.

"For him the financial rewards are secondary to the passion he feels for what he does," she added.

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