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Ecclestone asked to stay in F1 for three years
Formula 1 supremo Bernie Ecclestone has reportedly been asked to stay on for three years once the expected takeover of the sport is completed by Liberty Group. After recent heightened speculation it was believed Ecclestone may be on the way out of F1 as part of the Liberty Group sale, who have been in extensive takeover talks in a reported £6.5bn deal. The new ownership would see equity firm CVC Capital Partners sell its controlling share of the sport to Liberty Group headed by US television mogul John Malone. READ: Teams cautious as F1's £6.5bn sale looms However, latest reports by Reuters state Ecclestone says he has been approached to remain in charge of F1 for three years as part of...
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