McLaren CEO Brown resigns from Motorsport Network role after magazine controversy
McLaren CEO Brown resigns from Motorsport Network role after magazine controversy
McLaren CEO has stepped down from his role with Motorsport Network (MSN) as scrutiny increases on the media giant's activities.
MSN have recently confirmed the sale of Racing F1 magazine, while its other main print offering Autosport has had its weekly price raised from £3.99 to £10.99.
The latter move has been widely criticised and is seen as starting the slow death of a publication which has covered motorsport since 1950 – the year the World Drivers' Championship was launched.
Brown had served as MSN's non-executive chairman since January 2016, but reported his resignation a day after the company's digital jump was confirmed.
After careful consideration I have made the decision to resign from the role of non-executive chairman of Motorsport Network. I have had the privilege of watching some of the best people in the business doing what they do so well - bringing this great sport to the fans. 1/2
— Zak Brown (@ZBrownCEO) October 9, 2019
I have every confidence their passion and professionalism will continue to inform, educate and entertain motorsport lovers everywhere in the future. I wish all the staff and the company every success. 2/2
— Zak Brown (@ZBrownCEO) October 9, 2019
MSN CEO Yavor Efremov posted on Twitter, thanking Brown for his time at the company.
Without him, we would not have been able to grow Motorsport Network to the level we’ve reached today. I look forward to continuing our personal friendship and professional collaboration in the future." - Yavor Efremov, Motorsport Network CEO. 2/2
— Motorsport Network (@motorsport_net) October 9, 2019
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