Paddy McNally

Patrick Sean McNally is an Irish autosports businessman, and the former owner of Allsport Management. McNally worked alongside Bernie Ecclestone, specifically on the trackside advertising and running of the Paddock Club - which McNally founded in the 1970s. In 2006, he sold Allsport to Ecclestone, for a reputed £260 Million.[2] The Sunday Times Rich List, estimates his wealth at £610 Million, but this is likely exaggerated.

Paddy McNally
Born
Patrick Sean McNally

County Donegal, Ireland[1]
OccupationBusinessman
Children2

Early life

McNally was born in County Donegal, Ireland.[1] He started his career as a motorsports journalist.[3] In the 1960s, McNally was a contributor to Autosport magazine.

Career

In the early 1970s, McNally founded Allsport Management, which provided corporate entertainment and trackside advertising for Formula One events.[4]

Based in Geneva, Allsports owned the trackside advertising rights at Formula 1 circuits and operated The Paddock Club, the F1 hospitality provider.

In 2006, he sold Allsports Management to CVC for $334 million.[3] In 2011, McNally announced his retirement from the Formula One circuit.[5][6]

Personal life


McNally was married to Anne Downing, daughter of Ken Downing, a successful racing driver, with whom he had two children, before her death in 1980.[7] McNally has homes in Switzerland, Saint-Tropez, the Cote d'Azur and Verbier.[3][4] He previously dated Sarah, Duchess of York, but as a widower he declined to marry her.[8]

McNally also owns Warneford Place, Wiltshire, the former home of Ian Fleming. In 2004, the property was burgled.[9]

References
  1. "Irish Rich List 2019: profiles 18-50, featuring U2". The Sunday Times. 24 March 2019. Retrieved 30 July 2021.
  2. "Express magazine on McNally".{{cite web}}: CS1 maint: url-status (link)
  3. "Paddy McNally". Irish Independent. Retrieved 17 August 2020.
  4. "Paddy McNally". Irish Independent. Retrieved 17 August 2020.
  5. "Allsport boss Patrick McNally to retire". Reuters. 7 December 2010. Retrieved 17 August 2020.
  6. 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.
  7. "From Connaughts to Sea Diamonds - Ken Downing". F1 GPDC. 30 May 2017. Retrieved 2 November 2020.
  8. Cochrane, Kira (24 May 2010). "Why I feel sorry for Sarah Ferguson". The Guardian. Retrieved 2 March 2018.
  9. "Daring raid on tycoon's home". Wiltshire Gazette & Herald. 22 June 2004. Retrieved 17 August 2020.
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