– Formula 1's new CEO, Chase Carey, says a new management structure was required at the top of the sport moving forward as it has not grown sufficiently in recent years.Liberty Media, which completed its previously announced takeover of F1 on Monday, has appointed Ross Brawn and Sean Bratches to respective sporting and commercial roles.Meanwhile, Carey has taken over from Bernie Ecclestone as CEO, with the 86-year-old moving into the role of Chairman Emeritus, after spending almost four decades at the helm.Speaking in an interview with Sky Sports, Carey said: "We felt that particularly over the past four to five years the business had not grown, the sport had not grown, to its...
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