Long term Formula 1 boss Bernie Ecclestone has been removed as “the sport needs a fresh start” according to new boss Chase Carey. The American Carey officially replaced Ecclestone, who has been in charge of F1 for over 40 years, when Liberty Media completed its $8 (£6.4) billion takeover earlier this week.
When speaking to the BBC, Carey stated that, although he had “tremendous respect” form the former F1 chief, things needed to change.
When asked about Liberty’s plans for the sport, Carey’s first response was to crank the USA, he also discussed Ecclestone’s reluctance to use various forms of social media and other digital platforms to grow the sport worldwide. There was a promise to protect the “historic races”, as they see Europe as the foundation of the sport, which would include the British Grand Prix.
The move sees a change from the existing hierarchy, that had Ecclestone as a lone ‘dictator’ at the top overseeing everything, where now Liberty Media have installed Carey as the new Chairman/ President of Formula 1, with former Mercedes F1 boss Ross Brawn as Managing Director to run the sporting side of the business, while ex ESPN sales and marketing boss Sean Bratches will run the commercial side of the sport. Although Ecclestone has been removed from his position of Chief Executive, he has been offered a new advisory role under the title of Chairman Emeritus.