F1 Team Chiefs See Role For Deposed Ecclestone

Team principals said Friday former powerbroker Bernie Ecclestone still had a role to play in Formula One following the high-profile takeover of the sport by Liberty Media. Ecclestone’s time as the colourful ringmaster of Formula One was effectively finished in January when US-based Liberty Media completed its takeover of motorsport’s most prestigious brand in a … Read more

US Media Firm Liberty Media To Buy Formula 1

US firm Liberty Media has confirmed it is buying the racing business Formula 1 for $4.4bn (£3.3bn). The move ends years of speculation about the ownership of the company. Bernie Ecclestone will remain as chief executive but Chase Carey, vice-chairman of 21st Century Fox, will become the new chairman. Liberty Media has stakes in several … Read more