"The Economist" article on F-1 "Chicanery"

Very interesting (and confusing!). And these people get away with it too...

 

I saw the article, too, and had to read it twice to really get the gist of it. In summary, between a series of corporations, trusts, and their associated legal structures, Bernie and his wife have a substantial minor ownership of various F1 governing bodies, but majority control, and some of the real major shareholders are considering legal action so they can have proportionate representation on the various boards of directors.

As the article pointed out, the real race for F1 this season is not on the track, but in the legal arena.