Former Formula One boss Bernie Ecclestone has accused the new owners of ignoring his input as the run the business as they deem fit.
The 86-year old claimed the new owners did not like how he ran things and that they were ready to make changes.
The Liberty Media took over the sport early this year, ousting the former Chief Executive.
Ecclestone returned to a F1 paddock for the first time since the takeover as he appeared at the Bahrain event. He was kept on by the new owners for consultation when necessary but Ecclestone is saying it was for optics as he barely sees anything going on.
“What people don’t understand is I’m still in the company. Everything’s the same. I’ve been upgraded from chief executive to a much higher position. It’s so high, I can’t even see what’s going on,” he said.
On the other hand the current FA chair Chase Carey thanked the former F1 boss for his efforts in making the sport a global brand. However, he added that things needed to be done differently.
“In recent years, there are things we think can be done to really take the sport to another level so we are looking to bring in a number of new initiatives, marketing, digital, sponsors, and create more of a spirit of partnerships amongst the teams, the promoters and the like,” he said.
The sport is now run on a day-to-day basis by former Mercedes boss Ross Brawn and US TV marketing guru Sean Bratches. Ecclestone says he expects them to better the US1.5billon annual revenuesince they feel they can do a better job.