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What will the departure of Bernie Ecclestone mean for the sport of Formula 1?Formula 1 fans are set to be the big winners after the shock departure of legendary promoter Bernie Ecclestone . Without his crucifying event fees, circuits could reduce prices and new owners Liberty Media herald an era of more affordable tickets. Instead of fear of the internet and disregard for social media, F1 could make itself more accessible globally. The American owners are already pursuing a second and perhaps third Grand Prix on their own doorstep, with New York and Los Angeles at

the top of the agenda to join Austin. The new managing director of racing, ex-engineer Ross Brawn. has also promi

sed simpler and more competitive racing. Read MoreRelated

ArticlesBernie Ecclestones Formula One reign over after 40 years as Liberty Media confirm 6billion takeover Dominant Mercedes teams German driver N

ico Rosberg (Image: Getty) There shou

ld be good news for the teams, too. Soaring costs of competing, reaching 350million, are under scrutiny – and struggling smaller teams like Banbury-b

ased Manor, who are the latest to go into administration, are given a better chance of survival. A more equitable distribution of the sport’s 900million prize fund will also be reviewed.

And Liberty, who bought the sport for 6billion, promised to invest more to boost Grand Prix events into a Super Bowl-style extravaganza. Rather than occasional appearances from the likes of Taylor Swift, Rihanna and Muse, t

hey could become a regular feature. Read MoreRelated ArticlesLiving large - the racy past of Bernie Ecclestone and how he made big money from Formula 1 There is no doubting Ecclestone’s contribution to his sport, turning it from a rich enthusiasts’ play day in the 1950s to a multi-billion pound, British-made travelling mega-circus today. But he had become the fan who forgot the fans as he chased the high rollers, and surely even he would recognise the shiver of expectation now coursing thr

ough the sport. Hopefully the days of using clever camera angles to disguise empty grandstands and F1’s plummeting popularity will soon be over.

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