Former Formula One champion Lauda dead at 70

FILE PHOTO: Niki Lauda poses at the airport in Duesseldorf, Germany, March 20, 2018. REUTERS/Leonhard Foeger

(Reuters) - Three-times Formula One world champion Niki Lauda, regarded as one of the finest racers of all time and who later became a successful airline entrepreneur, has died at 70 after battling declining health.

Austrian Lauda, who was treated in hospital in January for about 10 days while suffering from influenza and had a lung transplant last August, died on Monday night, his family said in a statement.

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