The head of management F1 Bernie Ecclestone may leave a leadership position this week, according to BBC Sport, citing its sources.
The American company Liberty Media is close to acquiring 100% of the commercial rights of F1 for 8 billion US dollars.
It is reported that Liberty Media will start the reorganization of F1, starting with the highest ranks. There is information that the post of Executive Director of the 86-year-old Ecclestone will replace the former head of ESPN Sean Bratches.
Bernie Ecclestone may leave Formula 1
This will draw a line under the 40-year rule of Ecclestone in the Big Prizes.
It is reported that Liberty Media will offer Bernie to take a formal position of President for life of F1, which the Briton will likely refuse.
At the moment Ecclestone is on vacation at a ski resort, so the exact date of his departure is unknown.
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