Bernie Out as F1 Supremo

skippy_ps

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Bernie Ecclestone has been removed from his position running Formula 1 as US giant Liberty Media completes its $8bn (£6.4bn) takeover of the sport.

Ecclestone, 86, who has been in charge for nearly 40 years, has been appointed chairman emeritus and will act as an adviser to the board.

Chase Carey has had Ecclestone's former role of chief executive officer added to his existing position of chairman.

Liberty has also brought ex-Mercedes team boss Ross Brawn back to F1.

The former Ferrari technical director, who had been acting as a consultant to Liberty, has been appointed to lead the sporting and technical side of the sport.

Ecclestone said earlier on Monday that he had been "forced out".


http://www.bbc.com/sport/formula1/38723001
 
What we really need is a racing series that allows genuine technological innovation. Maybe not possible with the current economics of racing.
 
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