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Tuesday 24 January 2017

Bernie Ecclestone removed as Liberty Media completes $8bn takeover

Bernie Ecclestone at the 2016 US Grand Prix
Bernie Ecclestone has been removed from his position running Formula 1 as US giant Liberty Media completed its $8bn (£6.4bn) takeover of the sport.
Ecclestone, 86, who has been in charge for nearly 40 years, has been appointed chairman emeritus and will act as an adviser to the board.

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