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Chase Carey to Replace Bernie Ecclestone as Formula One Group CEO

Long standing F1 chief Bernie Ecclestone will be replaced by Liberty Media’s Chase Carey as Formula One Group CEO.

Liberty Media who are on the verge of a complete take over of Formula One have installed one of their own as CEO. They have, however, not left Ecclestone in the woods. They have offered him an honorary position as president. The 86-year old has said that he is not sure what that role would entail.

Speaking to German publication Auto Motor Und Sport Ecclestone said that he was deposed in a meeting on Monday.

“I was deposed today. I am simply gone. It’s official. I am no longer the leader of the company.

“My position has been taken by Chase Carey.

“My new position is one of those American terms. It’s something like an honorary president. I have this title now, even though I don’t know what it means.”

When asked about his future plans Eccelstone said that he has enough money to attend a race this season since his time in the office will be quieter.

A formal announcement is expected on Tuesday regarding Carey’s appointment. It is understood that Ross Brawn will take up a role in a sporting capacity alongside former Sales & Marketing Executive at ESPN, Sean Bratches.

About Ritesh K Bhana

Ritesh likes to think he is a true Tifosi, but he still remains fair to other teams. He supports two other teams which are not Red Bull and McLaren. Follow Ritesh on twitter @Humanshield_1

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2017 Hungarian GP Broadcast Times

CDTBSTGMT+2Local
Free Practice 1Friday 03:00Friday 09:00Friday 10:00Friday 10:00
Free Practice 2Friday 08:00Friday 13:00Friday 14:00Friday 14:00
Free Practice 3Saturday 04:00Saturday 10:00Saturday 11:00Saturday 11:00
QualifyingSaturday 08:00Saturday 13:00Saturday 14:00Saturday 14:00
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2017 Drivers Championship

Pos.DriverPoints
1 Sebastian Vettel177
2 Lewis Hamilton176
3 Valtteri Bottas154
4 Daniel Ricciardo117
5 Kimi Raikkonen98
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