Ecclestone Returns to F1 Board as Montezemolo, Walsh Join
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Bernie Ecclestone was reappointed to Formula One’s board of directors, 11 months after stepping down to deal with a bribery trial in Germany.
Ecclestone, who has remained as series chief executive throughout the period, settled the case with a $100 million payment in August. Luca di Montezemolo, the former Ferrari SpA chairman, and former Diageo Plc CEO Paul Walsh join the board as non-executive directors, the auto-racing competition’s controlling shareholder CVC Capital Partners Ltd. said in an e-mailed statement.