{"id":32561,"date":"2017-01-24T12:05:32","date_gmt":"2017-01-24T12:05:32","guid":{"rendered":"https:\/\/indiansportsnews.co.in\/?p=32561"},"modified":"2017-01-24T12:05:32","modified_gmt":"2017-01-24T12:05:32","slug":"bernie-ecclestone-forced-out-as-formula-1-boss","status":"publish","type":"post","link":"https:\/\/indiansportsnews.co.in\/?p=32561","title":{"rendered":"Bernie Ecclestone forced out as Formula 1 boss"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\" alignleft size-full wp-image-32560\" src=\"https:\/\/indiansportsnews.co.in\/wp-content\/uploads\/2017\/01\/bernieecclestone2.jpg\" alt=\"bernieecclestone2\" width=\"520\" height=\"346\" style=\"margin-right: 8px; margin-bottom: 8px; float: left;\" srcset=\"https:\/\/indiansportsnews.co.in\/wp-content\/uploads\/2017\/01\/bernieecclestone2.jpg 520w, https:\/\/indiansportsnews.co.in\/wp-content\/uploads\/2017\/01\/bernieecclestone2-300x200.jpg 300w, https:\/\/indiansportsnews.co.in\/wp-content\/uploads\/2017\/01\/bernieecclestone2-150x100.jpg 150w\" sizes=\"auto, (max-width: 520px) 100vw, 520px\" \/>London:Bernie Ecclestone has revealed that he was removed as Chief Executive Officer of the Formula 1 Group by US-based Liberty Media, which consolidated its takeover of the motor sport.<\/p>\n<p>The 86-year-old Briton shared the news with German magazine Auto Motor und Sport on Monday, reports Efe.<\/p>\n<p>&#8220;I was deposed today. I am simply gone. It&#8217;s official. I am no longer the leader of the company. My position has been taken by Chase Carey,&#8221; Ecclestone said, referring to the 21st Century Fox vice-chairman who became chairman of F1 in September.<\/p>\n<p><strong>Also Read :<a href=\"tennis-news\/international\/43846-leander-paes-martina-enter-australian-open-quarters\">Paes-Hingis beat Dellacqua-Reid 6-2, 6-3 to enter Australian Open quarterfinal<\/a><\/strong><\/p>\n<p>Auto racing&#8217;s international regulatory body, the FIA, gave its approval last week to Liberty Media&#8217;s acquisition of commercial rights to F1 for $4.4 billion.<\/p>\n<p>Ecclestone, who has dominated Formula 1 for four decades, told the German publication that he will remain involved with the sport, though the nature of his continuing involvement was not immediately clear, even to him.<\/p>\n<p>&#8220;My new position is one of those American terms. It&#8217;s something like an honorary president. I have this title now, even though I don&#8217;t know what it means,&#8221; he said.<\/p>\n<p>Reflecting on his contribution to the sport, he said: &#8220;I&#8217;m proud of the business that I built over the past 40 years and all that I have achieved with Formula 1. I would like to thank all of the promoters, teams, sponsors and television companies that I have worked with.&#8221;<\/p>\n<p>&#8220;I&#8217;m very pleased that the business has been acquired by Liberty and that it intends to invest in the future of F1. I am sure that Chase will execute his role in a way that will benefit the sport,&#8221; he added.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\" alignleft size-full wp-image-32560\" src=\"https:\/\/indiansportsnews.co.in\/wp-content\/uploads\/2017\/01\/bernieecclestone2.jpg\" alt=\"bernieecclestone2\" width=\"520\" height=\"346\" style=\"margin-right: 8px; margin-bottom: 8px; float: left;\" srcset=\"https:\/\/indiansportsnews.co.in\/wp-content\/uploads\/2017\/01\/bernieecclestone2.jpg 520w, https:\/\/indiansportsnews.co.in\/wp-content\/uploads\/2017\/01\/bernieecclestone2-300x200.jpg 300w, https:\/\/indiansportsnews.co.in\/wp-content\/uploads\/2017\/01\/bernieecclestone2-150x100.jpg 150w\" sizes=\"auto, (max-width: 520px) 100vw, 520px\" \/>London:Bernie Ecclestone has revealed that he was removed as Chief Executive Officer of the Formula 1 Group by US-based Liberty Media, which consolidated its takeover of the motor sport.<\/p>\n<p>The 86-year-old Briton shared the news with German magazine Auto Motor und Sport on Monday, reports Efe.<\/p>\n","protected":false},"author":1,"featured_media":32560,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[37],"tags":[3888,20843,7074,466,20070],"class_list":["post-32561","post","type-post","status-publish","format-standard","has-post-thumbnail","category-others","tag-bernie-ecclestone","tag-chase-carey","tag-formula-1","tag-indian-sports-news","tag-other-sports"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bernie Ecclestone forced out as Formula 1 boss - IndianSportsNews.com - Latest Updated Sports News &amp; Sports Blogs of Cricket, Hockey, Golf, Football, Tennis &amp; Other Sports<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/indiansportsnews.co.in\/?p=32561\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bernie Ecclestone forced out as Formula 1 boss - IndianSportsNews.com - Latest Updated Sports News &amp; Sports Blogs of Cricket, Hockey, Golf, Football, Tennis &amp; Other Sports\" \/>\n<meta property=\"og:description\" content=\"London:Bernie Ecclestone has revealed that he was removed as Chief Executive Officer of the Formula 1 Group by US-based Liberty Media, which consolidated its takeover of the motor sport. 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