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Ecclestone steps down from F1 board

Bernie Ecclestone has stepped down from the board of the company which runs F1 though he will continue to run the business on a day-to-day basis.A brief statement issued by Delta Topco reads:'After discussion with the board, Mr Ecclestone has proposed, and the board has agreed, that until the case has been concluded, he will step down as a director with immediate effect, thereby relinquishing his board duties and responsibilities until the case has been resolved.'The board believes that it is in the best interests of both the F1 business and the sport that Mr Ecclestone should continue to run the business on a day to day basis, but subject to increased monitoring and control by the...
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6mo ago from Pitpass.com 0
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