Paddy McNally
Patrick Sean McNally (born 20 December 1937) is a British autosports businessman, journalist and racing driver.[1] He is the former owner of Allsport Management, a Swiss company which manages Formula One circuit advertising, corporate hospitality, and the Paddock Club. In 2006, he sold Allsport for £300 million.
Paddy McNally | |
|---|---|
| Born | Patrick Sean McNally 20 December 1937 Gravesend, Kent, England |
| Nationality | British Swiss |
| Occupations |
|
| Spouse | Anne Downing (died 1980) |
| Partner | Sarah, Duchess of York (former) |
| Children | 2 |
Early life
McNally was born in Gravesend on December 20, 1937.[2] He was the son of Captain Patrick McNally, an Irish Blueshirts officer, and his English wife Mary Outred.
McNally is of Irish background, originally from County Donegal, Ireland.[3][4][5]
Career
McNally started his career as a motorsports journalist in the 1960s,[5] contributing to Autosport magazine in London.[6] He later moved to Switzerland and began working as a sponsorship consultant for Marlboro and as a driver manager for James Hunt. McNally raced himself for one season in 1968 in a Porsche 911 T/R.[7][8]
In the early 1970s, McNally came into contact with Bernie Ecclestone, the 'F1 Supremo', and founded Allsport Management, a company which provided corporate hospitality and reformed trackside advertising for Formula One events.[9] He worked closely with Ecclestone and together they are credited for building the foundations of modern Formula One.[6] Based in Geneva, Allsport owned the lucrative advertising rights at Formula One circuits and operated The Paddock Club, the luxury hospitality provider.[7]
McNally had developed a system of signage which gave advertisers maximum exposure. He stated that he had formed a solution to "tidy up" trackside advertising with a strategy called "themed advertising", whereby one advertiser is given full exposure at each section of the course. This strategy proved very successful. McNally ultimately took over the sales of all Formula One trackside advertising, with the exception of the Monaco Grand Prix.[7][10]
In 2006, McNally sold Allsport Management to CVC Capital Partners for $334 million.[5] In 2011, he announced his retirement from the Formula One circuit.[11][12]
Personal life
McNally was married to Anne Downing, daughter of racing driver Ken Downing with whom he had two sons, Sean and Rollo, before her death in 1980.[13][14] He has homes in the Côte d'Azur and Switzerland, most notably in Verbier where his chalets are locally referred to as "the Castle", or occasionally, "Cocaine Castle".[9][14][15][16] He has also kept a Sunseeker yacht in Saint-Tropez.[5]
McNally dated Sarah Ferguson throughout the 1980s before her marriage to Prince Andrew, Duke of York. The pair remain close friends.[17][18][16] He is currently with his former cook Sarah Tyzack, who is nearly thirty years his junior.
McNally owns Warneford Place, Wiltshire, the former home of Ian Fleming. In 2004, the property was raided by the Johnson Gang.[19] In addition to Warneford, his principal residence, McNally owns Buckland House, Oxfordshire.[20]
After retirement, McNally has indulged in a lavish lifestyle and is an avid partaker of skiing in Switzerland and shooting at his estate in Wiltshire. He formerly owned Glenlochy Moor, near Inverness in the Scottish Highlands.[21][22]
References
- "Paddy McNally | Racing career profile | Driver Database". www.driverdb.com. Retrieved 31 January 2023.
- "Patrick McNally | BRDC Members | British Racing Drivers' Club". www.brdc.co.uk. Retrieved 15 November 2022.
- Maguire, Stephen. "Donegal Daily on McNally". www.donegaldaily.com. Retrieved 14 February 2023.
- "McNally tops Donegal Rich List with €517m". www.donegallive.ie. Retrieved 14 February 2023.
- "Paddy McNally". Irish Independent. Retrieved 17 August 2020.
- "Latest Formula 1 Breaking News - Grandprix.com". www.grandprix.com. Retrieved 31 July 2022.
- "Paddy McNally - Grandprix.com". www.grandprix.com. Retrieved 13 November 2022.
- "The First Homologated 911". www.blackbird-autojournal.com. 2 November 2016. Retrieved 14 February 2023.
- "Paddy McNally". Irish Independent. Retrieved 17 August 2020.
- Saward, Joe (4 January 2000). "The Paddock Club". GrandPrix.com. Archived from the original on 6 November 2011. Retrieved 18 October 2006.
- "Allsport boss Patrick McNally to retire". Reuters. 7 December 2010. Retrieved 17 August 2020.
- Dron, Will (6 May 2017). "Driving Rich List 2017: Triumph chief powers into second place but Bernie Ecclestone stays top". Sunday Times Driving. Retrieved 2 March 2018.
- "From Connaughts to Sea Diamonds - Ken Downing". F1 GPDC. 30 May 2017. Retrieved 2 November 2020.
- Kretschmer, Anna (11 October 2019). "Why Sarah Ferguson feared Prince Andrew would 'write her off'". Express.co.uk. Retrieved 2 October 2022.
- Journal, The Gentleman's. "'Sloane Square on the Slopes': The enduring British love affair with Verbier". The Gentleman's Journal. Retrieved 25 January 2023.
- "Sarah Ferguson Comforted By Old Irish Flame On Ski Holiday". 16 January 2022. Retrieved 25 January 2023.
- Cochrane, Kira (24 May 2010). "Why I feel sorry for Sarah Ferguson". The Guardian. Retrieved 2 March 2018.
- "Paddy McNally". paddymcnally.crazybillionaire.org. Retrieved 25 January 2023.
- "Daring raid on tycoon's home". Wiltshire Gazette & Herald. 22 June 2004. Retrieved 17 August 2020.
- "Georgian property: Buckland House lives again". www.telegraph.co.uk. Retrieved 25 January 2023.
- Hodgkin, Emily (17 August 2018). "Sarah Ferguson dated this man before she married Andrew". Express.co.uk. Retrieved 31 January 2023.
- "Wildlife police raid Scottish grouse moor". the Guardian. 21 March 2008. Retrieved 25 January 2023.