CVC, the controlling shareholder of the Formula One Group, today announces three appointments to the Board of the Formula One Group.Luca di Montezemolo and Paul Walsh have been appointed as Non Executive Directors, with effect from 1st January 2015Read more http://www.formula1.com/news/headlines/2014/12/16737.html

Bernie Ecclestone has regained his position on the board of Formula 1's management group, while ex-Ferrari president Luca di Montezemolo (pictured above with Ecclestone) has also been handed a renewed position.F1's commercial czar formally stepped down at the beginning of the year, while he fought bribery charges in Germany relating...

Bernie Ecclestone appears once again to have outwitted, outplayed and outlasted a potential threat to his leadership of Formula 1. Britain's Financial Times reports that Paul Walsh, the former CEO of consumer goods conglomerate Diageo who was tipped earlier this month to become chairman of the Formula 1 board, has...

Britain's Financial Times reports that Paul Walsh, former CEO of consumer goods conglomerate Diageo, is being lined up to become chairman of the Formula 1 board, which the newspaper says "could signal the beginning of the end of Bernie Ecclestone's control of the sport."A board meeting is being scheduled for...