Bernie Ecclestone cedes control of F1

After nearly four decades of commanding over Formula One, Bernie Ecclestone on Monday finally relinquished control of the sport. He didn’t have much say in the decision which was made by F1’s new owner Liberty Media. The American media giant agreed in September 2016 to buy control of F1 in a deal worth approximately $8 billion. It…

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Bernie Ecclestone cedes control of F1