Ecclestone steps down as F1 director but will continue to run the business 16 January, 2014 Bernie Ecclestone still the F1 kingpin Formula 1  chief executive Bernie Ecclestone will continue to run the motor racing business despite a forthcoming bribery trial but will face greater control from the company board, Formula One said in a statement on Thursday. Ecclestone, who denies wrongdoing, will step down as a Formula One director pending the conclusion of a trial scheduled to start in Germany in late April, but will run the business on a day-to-day basis. 'The approval and signing of significant contracts and other material business arrangements shall now be the responsibility of the...
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