The News
Saturday 02 of November 2024

Motor Racing-Ecclestone Replaced as Formula One Boss


Bernie Ecclestone, Chief Executive of the Formula One Group, and Mercedes' non executive chairman Niki Lauda watch the race,photo: Reuters/Leonhard Foeger
Bernie Ecclestone, Chief Executive of the Formula One Group, and Mercedes' non executive chairman Niki Lauda watch the race,photo: Reuters/Leonhard Foeger
Carey, a 62-year-old U.S. citizen who was executive vice-chairman of Rupert Murdoch's 21st Century Fox, was appointed Formula One chairman in September

LONDON – Bernie Ecclestone has been replaced as Formula One supremo by the sport’s new owners Liberty Media and offered a new honorary role, Auto Motor und Sport magazine reported on Monday.

The 86-year-old Briton declined to comment on the report.

The German publication quoted him as saying: “I was deposed today. I’ve gone. That’s official. I am not running the company anymore. My position has been taken over by Chase Carey.”

Carey, a 62-year-old U.S. citizen who was executive vice-chairman of Rupert Murdoch’s 21st Century Fox, was appointed Formula One chairman in September and has spent the past few months familiarizing himself with the glamour sport.

ALAN BALDWIN