F1 | Bernie Ecclestone "torpedoed" by Liberty Media. Chase Carey promoted

After nearly forty years of service, Bernie Ecclestone will step down as CEO of Formula One. Sensational and completely unexpected news that comes from the mouth of the person directly involved in the microphones of motorsport.com.uk. The arrival of Liberty Media has in fact changed the cards on the table, especially with regards to the management of TV rights and the revenues to be given to the teams at the end of each season, and the ideas of the American investors do not coincide with the projects in their heads by “Mr E”. Ecclestone will resign in the next few days, presumably before the start of the next tests, and will take on the role of "Honorary President".

A completely representative position that will not influence the choices that Liberty Media will make in the coming months. Chase Carey, already present in the paddock in some events of the last world championship, will assume the role of CEO and will begin the work of building the management group which from March will evaluate all the changes to be made to the "Formula One" product.

Here are the words of Bernie Ecclestone: “From today I will no longer be in charge of the company and any involvement I have with Formula One will be completely minimal. I was dismissed, stop. Game over. I'll take over as 'Honorary President', but she's just an American and I honestly don't even know what that's for. The positive thing is that I will be able to work less and enjoy more the few Grands Prix that I go to see. I will keep several friends in Formula One and fortunately I have enough money to watch the races live (he's joking. ed.).

Bernie Ecclestone, we remember, has commanded the Circus since 1975, the year of the foundation of FOCA (Formula One Constructors Association. ed.), and in his very long career he has worked with people of the caliber of Enzo Ferrari, Colin Chapman, Ken Tyrell, Franck Williams and Max Mosley. He was the main architect of the famous "Concord Agreement" and his choices made the "Formula One" product one of the most successful in the world economic panorama (especially with regards to the management of TV rights. Ed.).

An absolutely historic page of the Formula One Circus comes to an end in the true sense of the word.

Roberto Valenti