<span style="color: #222222;">Three-time Formula One world champion Niki Lauda has passed away. He was 70. <br />''<br />''The veteran Austrian's family said in a statement that Lauda, who underwent a lung transplant in August, passed away peacefully on Monday.<br />''<br />''One of the best-known figures in motor racing, Lauda took the title for Ferrari in 1975 and 1977 and McLaren in 1984. <br />''<br />''He is also remembered for his remarkable recovery and return to racing after being badly burned in a crash in the 1976 German Grand Prix.</span><br />