SkyNews said:Carey To Take F1 Helm As ?6.1bn Liberty Takeover Nears Finish Line
One of the media industry's top executives will be named as the new boss of Formula One (F1) motor racing early this week as a prelude to the sport's first change of ownership for more than a decade.
Sky News understands that Chase Carey, a long-standing lieutenant of Rupert Murdoch, is likely to be named as chairman of F1's parent company as soon as Monday.
Peter Brabeck-Letmathe, who has chaired F1 for the last two years, is to step down from the role but is expected to remain on the board as a non-executive director.
Mr Carey's appointment will come just hours before CVC Capital Partners, which has owned a controlling stake in F1 since 2005, signs a deal to hand over ownership of the sport in a deal worth more than $8bn (?6.1bn).
http://news.sky.com/story/carey-to-...n-liberty-takeover-nears-finish-line-10565003
Bernie says he'll still be around and choose whichever position he feels like assuming. Somehow doubt that... Im not at all familiar with this guy's idea of what he wants to do with F1 but i hope it's something better than the current "change the rules every couple years" bullcrap.