Claire Williams believes that there are exciting times ahead for Formula One following Liberty Media’s takeover of the sport.

It was announced on Monday that Liberty Media have completed their takeover of Formula One with Chase Carey replacing Bernie Ecclestone as Chairman and CEO of the sport while former Williams engineer Ross Brawn is returning to Formula One as Managing Director of Motorsport.

Williams paid tribute to Mr Ecclestone, In a statement she commented by saying:

Following the news today, it is fitting that we pay tribute to the immense role that Mr Ecclestone has played in shaping our sport over the last 40 years. Formula One would not be the global sport it is today without his influence, he has been pivotal in building the brand and turning it into the world’s most watched regular sporting event.

“Our relationship with him goes back to the very early days…the mutual respect emanating from those times has permeated all of our dealings since.

“As we move forward into a new era, I believe there are exciting times ahead.

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