Toto Wolff, Mercedes F1 team boss, believes the sport must move on from Bernie Ecclestone
Ecclestone was 'deposed' as chief executive at the beginning of the week as US media giant Liberty completed their £6billion take over of F1.
He has been replaced by former 21st Century Fox executive Chase Carey who has promised to take the sport forward and criticised Ecclestone for allowing it to stagnate.
And while Wolff was quick to praise the 86-year-old's influence, he also called on his fans and colleagues to move forward with the new owners.
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"The Ecclestone era ending is a pretty big thing," said Wolff.
"We need to embrace the future and we shouldn't be too nostalgic about the past.
"This sport has a huge opportunity for growing bigger and bigger and we could all benefit from this.
Toto Wolff is keen for F1 to move forward into post-Bernie Ecclestone era
Bernie Ecclestone had been in charge of F1 for the last four decades until Monday's sacking
"We need to push in that direction."
Ecclestone has been shunted sideways into an advisory role but Liberty are reportedly expecting him to leave entirely and found a rival series.
But Wolff has called for calm after the reshuffle and wants F1 to ensure that any changes to the status quo are properly thought through.
"I think we need to acknowledge that Formula 1 is a technical sport, so it will always polarise," added Wolff.
"There are people who will say that they hate it and others will say that they love it.
"That is OK.
"But one thing is for sure – we shouldn't make it a beta test.
"We shouldn't mess with our loyal fans and our audiences by implementing rules and regulations that we haven't assessed properly.
"We should use data in a scientific approach and see what works in other sports and other entertainment platforms, then combine that with the great strengths and assets of Formula 1."