Formula One has been experiencing a multitude of big changes recently. It was purchased by U.S. company Liberty Media back in September, with the goal of making the sport bigger and better for fans. Now, it seems Liberty is implementing some of its planned revisions, starting by ousting longtime F1 boss Bernie Ecclestone.
German publication got the chance to talk to Ecclestone about his future with Formula One. "I do not run the company anymore. This role is now occupied by Chase [Carey]," he said.
Carey, a former executive at 21st Century Fox, was appointed F1 Chairman by Liberty when the purchase was first announced. At the time, it was unclear whether Ecclestone would still play a role in the management of the sport. Now, that's been made clear, by none other than Ecclestone himself.
"My days in office are now somewhat calmer," Ecclestone went on. "Maybe I'll come to a Grand Prix sometime. I still have a lot of friends in the Formula One. And I still have enough money to be able to afford a visit to a race," he said.
It's still unclear—even to Ecclestone—whether he still retains a role in the FIA World Council. "I doubt it. I have to talk about it with Jean Todt about it," he said.
Jean Todt currently serves as the FIA World Council's President.
Considering Ecclestone has run Formula One for over forty years, this is a huge change for the sport. Hopefully for the better.
Update: It looks like Liberty Media has given Ecclestone the position of "Chairman Emeritus," according to F1 writer Joe Saward.