Carey, a 62-year-old U.S. citizen who was executive vice-chairman of Rupert Murdoch's 21st Century Fox, was appointed Formula One chairman in September
Alpine Skiing - FIS Alpine Skiing World Cup - Men's Downhill Race - Kitzbuehel, Austria - 21/01/17 - Bernie Ecclestone, Chief Executive of the Formula One Group, and Mercedes' non executive chairman Niki Lauda watch the race. REUTERS/Leonhard Foeger, photo: Reuters/Leonhard Foeger
1 year ago
LONDON – Bernie Ecclestone has been replaced as Formula One supremo by the sport's new owners Liberty Media and offered a new honorary role, Auto Motor und Sport magazine reported on Monday. The 86-year-old Briton declined to comment on the report. The German publication quoted him as saying: "I was deposed today. I've gone. That's official. I am not running the company anymore. My position has been taken over by Chase Carey." Carey, a 62-year-old U.S. citizen who was executive vice-chairman of Rupert Murdoch's 21st Century Fox, was appointed Formula One chairman in September and has spent the past few months familiarizing himself with the glamour sport.