Bernie Ecclestone has revealed that he has lost his position as the CEO of the Formula 1 Group, and has been replaced by Liberty Media's Chase Carey. Ecclestone, 86, says he has been offered the title of 'Honorary President', but has acknowledged that he doesn’t know exactly what his role will be. “I was deposed today,” he told Auto Motor und Sport. “I am simply gone. It's official. I am no longer the leader of the company. My position has been taken by Chase Carey. “My new position is one of those American terms. It's something like an honorary president. I have this title now, even though I don't know what it means.” Asked about his future, he said: “My days in the office...
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