The new investors will “have a view on the value of the sport," according to an insider. Decision makers at CVC have decided that Ecclestone "must go even if he wins his court case in Munich, where he is fighting bribery charges." They are convinced that Ecclestone, who will be 84 in October, "will continue to be an embarrassment, with HM Revenue and Customs likely to ask further questions about his complex tax affairs, which formed the basis of a Panorama investigation."
The identity of Ecclestone’s successor "is unknown," but reports that it could be Red Bull Team Principal Christian Horner "are wide of the mark." It is felt that he "does not have the corporate background that is required for the job." GUARDIAN