The 84-year-old F1 supremo's reappointment was confirmed by F1's official Twitter account on Friday.
Ecclestone, who has run Formula One since 1978, was joined on the board - as non-executive directors - by former Ferrari chairman Luca di Montezemolo and Paul Walsh, former CEO of drinks giant Diageo.
In August, Ecclestone settled his bribery case after arranging a controversial $100 million (75-million-euro) payment.
Ecclestone went on trial in April on charges of paying a $44-million bribe to a Bavarian state bank executive for help in maintaining his four-decade grip on F1.