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Ecclestone 'proud' of Formula 1 input
– Bernie Ecclestone says he is "proud" of the way Formula 1 has developed under his guidance, following confirmation that Chase Carey will replace him as CEO of the sport.Ecclestone, who has been involved in Formula 1 for over half a century, and acted as its CEO for almost four decades, claimed on Monday that he was "deposed" by Liberty Media.Liberty later confirmed that it had completed its $8 billion takeover of Formula 1, with Carey replacing Ecclestone as CEO, and Ecclestone moving into the role of Chairman Emeritus.In a lengthy press release, Liberty recognised Ecclestone's "valuable service to F1 over many years" and stated that he will "be...
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8y ago from GPUpdate.net
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