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So long, farewell: A look at the journey of F1 legend Niki Lauda

F1 legend and three-time champion Lauda, 70, drives into Elysian Fields; passes away in Austria

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Niki Lauda during a practice session with Formula One team Ferrari at the Hockenheim circuit, Germany in 1977. Pic/AFP

Niki Lauda during a practice session with Formula One team Ferrari at the Hockenheim circuit, Germany in 1977. Pic/AFP

Legendary F1 driver Niki Lauda has died at the age of 70, his family said in a statement released to Austrian media on Tuesday. "With deep sadness, we announce that our beloved Niki has peacefully passed away with his family on Monday," the statement read. Lauda's death comes eight months after he underwent a lung transplant.

"His unique achievements as an athlete and entrepreneur are and will remain unforgettable, his tireless zest for action, his straightforwardness and his courage remain," added the statement. "A role model and a benchmark for all of us, he was a loving and caring husband, father and grandfather away from the public, and he will be missed."

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