WATCH: Motorsport world reacts to three-time F1 world champion Niki Lauda's death

<i> Image: AFP / Erwin Scheriau </i>
<i> Image: AFP / Erwin Scheriau </i>
Erwin Scheriau

Having cheated death during his career, three-times F1 champion Niki Lauda's has died at the age of 70.

Lauda had been recovering after a lung transplant eight months ago, and has had several setbacks since then. Family has reported that he had died peacefully in a statement on Monday, May 20.

His family said in a statement released to Austrian media early Tuesday, AFP reported.

"With deep sadness, we announce that our beloved Niki has peacefully passed away with his family on Monday," the statement read.

"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.

What was your favourite moment in Niki Lauda's F1 career? Email us

Earlier this week, GMM reported that Niki Lauda's push to return to good health and the F1 paddock has suffered yet another setback.

Osterreich newspaper has reported that the F1 legend and Mercedes team chairman had been receiving kidney dialysis treatment at a private clinic in Switzerland.

It followed an earlier setback for the 70-year-old in the wake of his lung transplant last year, when he had to return to intensive care with Influenza.

In addition to his 2018 lung transplant, Lauda had kidney transplants in 1997 and 2005.

F1 and other motorsport drivers pay tribute to the incredible man:

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