Ecclestone asked to stay on at Formula One amid takeover talks

Bernie Ecclestone says he has been asked to stay on at Formula One by Liberty Media once their takeover is completed.

The sport's commercial supremo claims John Malone's organisation have asked him to carry on for another three years.

Liberty Media are set to buy the motorsport for £6.4billion in the coming days.

"They want me to be here for three years," Ecclestone told Reuters on Wednesday.

Media reports have suggested the first part of a broader deal between outgoing rights holders CVC and Liberty Media could be announced on Wednesday.