(CNN) -- After more than half a century involved in motorsport, and three decades at the helm of Formula One, Bernie Ecclestone has no plans to quit just yet. In fact, the 81-year-old has told CNN that he will be in charge for as long as he lives. "It'll probably depend a lot (on) when I die," Ecclestone said ahead of this weekend's Monaco Grand Prix when asked about his retirement plans. "You never know, do you, with these things. I mean, it's not my intention to do such a thing. If I thought I couldn't do all the things I do, then the answer would be then we'd certainly consider it. At the moment it's not quite like that."
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Bernie Ecclestone tells CNN he intends to run Formula One until he dies
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The octogenarian has been running the sport for the last 30 years
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Ecclestone hopes grands prix in France and a second race in the U.S. can be agreed
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The 81-year-old defends the decision to host a race in Bahrain last month
We have races in other parts of the world so we should have maybe another race in @placeholder."