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Ecclestone replaced as F1 chief
Bernie Ecclestone has been replaced as the boss of Formula One, the sport's new rights owner Liberty Media has confirmed. The 86-year-old's position as the sport's chief executive has been in doubt since the sale of its commercial rights to Liberty Media was approved by the FIA last week. A statement released by Liberty on Monday evening confirmed the takeover is complete and said Ecclestone would be taking up a new role as chairman emeritus, with Formula One chairman Chase Carey succeeding him as chief executive. The statement carried quotes from Ecclestone, who said: "I'm proud of the business that I built over the last 40 years and all that I have achieved with Formula One, and...
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