by Chris Soulsby, Last Word on Motor Sport Managing Editor
Following the set $8.5 billion takeover of Formula 1 by Liberty Media, F1 boss, Bernie Ecclestone has said that has been asked to stay on for another three years as Formula 1 boss.
Bernie Ecclestone to stay for three more years after F1 takeover
American media company, Liberty Media, are set to take over Formula 1 in a reported $8.5 billion deal reports have confirmed. After this takeover, Formula 1 boss, Bernie Ecclestone has said that he has been asked to stay on in his role for another three years.
Ecclestone confirmed this to the Reuters news agency: “They want me to be here for three years”
Ecclestone, who is 85 has run Formula 1 for 40 years.
Beginning as a competitor in Formula 1, Ecclestone entered two Grand Prix in 1958 however, failed to qualify for both. He then swiftly moved to being a manager, managing the 1970 Formula 1 World Champion, Jochen Rindt.
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Main Photo
F1 supremo Bernie Ecclestone arrives in the paddock before final practice for the Formula One Grand Prix of Italy at Autodromo di Monza on September 3, 2016 in Monza, Italy.
