Ecclestone gets his job back, di Montezemolo returns

Bernie Ecclestone will remain in control of the F1. The 84-year-old Briton will return to his position as Managing Director of Formula One Group and its place on the Board of Directors announced this Thursday the main shareholder CVC. Ecclestone offered his resignation last January following the announcement of his trial in Germany on suspicion of corruption during the sale of F1 rights in 2006, before the end of the proceedings against a check of 100 million. The Council will always be chaired by the Austrian Peter Brabeck-Letmathe, also president of the Nestlé group.

Among the new features which will take effect on January 1, 2015, we will note the return of the Italian Luca di Montezemolo as Non-Executive Director. The former president of Ferrari, who left the brand last September, had already held this position between 2012 and 2014, as representative of the trans firmalpine. The British Paul walsh, former Managing Director of Diageo (company specializing in alcoholic beverages) has also been appointed non-executive Director.