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2016-09-08 14:15

STILL AROUND: Bernie Ecclestone's will still hang around for at least the next three years. Image: Ap / Luca Bruno

London - Bernie Ecclestone is staying in Formula 1, despite earlier speculation that the F1 supremo would be ousted amid the sale deal to Liberty Media.

That deal was announced late on Wednesday (September 7,) but must first be approved by European authorities and the FIA.

But when it does go through, Ecclestone will still be chief executive.

Retiring not on the cards now

85-year-old Ecclestone told Express newspaper: "They want me to be here for three years.

"I'll be 89 by then and probably then I might want to retire or do something else. But I'm carrying on.  I'll just have a bit of help."

READ: F1 sold for $8-billion to Liberty Media

Some of that 'help' will be from Chase Carey, a 21st Century Fox executive who will be the new chairman.

Ecclestone said: "He can do lots of things that I haven't done with this social media, which he seems to be in touch with."

Amid the high-profile sale by CVC, Ecclestone announced that he will miss next weekend's Singapore grand prix (September 16-18).

Ecclestone concluded: "Because all this is going through, CVC want me to be in London to help them with all sorts of things."

A photo posted by FORMULA 1® (@f1) on

Read more on:    bernie ecclestone  |  london  |  motorsport  |  f1

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