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Ecclestone: Let’s see which way they would like to go
Bernie Ecclestone has cast doubt over his long-standing Formula One reign after the sport’s governing body approved the sale of its commercial rights to Liberty Media. Chief executive Ecclestone, who turns 87 in October, has ruled Formula One for 40 years. But American company Liberty may now choose to put their own team in place after clearing the final hurdle of their purchase, valued at more than £6bn, with a unanimous vote of approval from the FIA. American Chase Carey, the 21st Century Fox vice chairman, was installed as the new Formula One chairman when Liberty agreed to take control from private equity firm CVC Capital Partners last September. And Ecclestone, who expects the...
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8y ago from GrandPrix247.com
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