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F1 popularity to be unaffected if Ecclestone quits — Russian racer Kvyat

October 07, 2015, 16:59 UTC+3 SOCHI

According to media reports, Formula One could have new owners by the year-end

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© AP/Miguel Morenatti

SOCHI, October 7. /TASS/. Formula One racing will not lose its popularity if chief executive Bernie Ecclestone sells the business, Russian F1 racer Daniil Kvyat told TASS on Wednesday.

"Bernie Ecclestone’s experience is highly valuable for Formula One. This person has been at the helm for years," Kvyat said in comments on media reports that Formula One could have new owners by the year-end.

"He made Formula One as popular as football and tennis but I expect no big changes if Ecclestone quits," Kvyat added.

Reports suggest that US billionaire Stephen Ross and Qatar Sports Investments could become Formula One's new owners.

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