It’s being reported that Bernie Ecclestone could step down as the big boss of Formula 1 as soon as this week.

F1 could be set for a big change...
F1 could be set for a big change…

F1’s new owners Liberty Media could bring big changes to the series and one of them could happen sooner than expected.

With the takeover set to be completed in the next few weeks, having been approved unanimously by the World Motor Sport Council, we could see F1 chief Ecclestone leave his role in a matter of days.

That’s according to a report by the BBC. Ecclestone has previously said Liberty asked him to stay on for another three years but apparently F1’s new owners want a proper revamp.

Liberty has already brought in Chase Carey, former executive at 21st Century Fox, as F1 chairman and reportedly ex-ESPN executive Sean Bratches is in line to run the commercial side, with Ross Brawn tipped to be in charge of the sporting and technical aspects of F1.

Will Bernie be out the door by the end of January?
Will Bernie be out the door by the end of January?

The BBC’s report suggests Ecclestone could depart as soon as this week, or within a month at the latest.

Ecclestone has been at the helm of F1 for the last 40 years, so his exit would be huge news and a massive change. But, it could well be just what F1 needs.