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Ecclestone and Montezemolo return to Formula 1 Board!

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Bernie Ecclestone has recently been reappointed to the Formula 1 board alongside the ex-Ferrari president Luca di Montezemolo, who resigned from Ferrari in the middle of the 2014 F1 season.

Eccelstone took himself off the board of F1’s holding company earlier in the year when his trial for bribery was being tried. Eccelstone ended making a $100 million settlement with the prosecution.

CVC Capital, who is the controlling partner of F1 confirmed on Thursday that Eccelstone and Montezemolo would return to the board.

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