Liberty Media, the company that has owned the exploitation rights of the Formula 1 World Championship since 2017, officially announced that Stefano Domenicali, former director of Ferrari between 2008 and 2014, will replace Chase Carey as president and CEO of the championship from next January .
Since he resigned his position as head of the
Scuderia
After failing to achieve the goal of winning the title with Fernando Alonso as the spearhead, Domenicali, 55, was recruited by Audi.
In 2016, the manufacturer of the rings appointed him as CEO of Lamborghini, whose sales grew 43% under his command in 2019. At the same time, the Italian has contributed in recent years to the restructuring of the categories training young drivers such as President of the Single-seater Commission of the International Automobile Federation (FIA).
With the appointment of this Friday, the
Il Cavallino Rampante
label
will have more presence than ever in F1 offices.
In his new role as promoter, Domenicali will have to agree with Jean Todt, current president of the FIA and whom he relieved in 2008, and with Ross Brawn, technical director of the event today and a key player in the five consecutive titles that Michael Schumacher was awarded wearing the red jumpsuit.
Carey, for his part, will step aside after three years as the highest-ranking executive of the Great Circus, which he disembarked alongside Liberty, and where he took over from Bernie Ecclestone, who was his patron for nearly four decades. .
Before leaving, the Irishman resolved the new Pact of Concord, the Magna Carta that includes all the aspects that govern the World Cup and that all the teams on the grid signed a few days ago.
At 66, Carey had always maintained that he had no interest in perpetuating his stay in the
paddoc
', and his work can be considered more than done once the new sporting and economic framework of the championship has been set.
“I am delighted to join F1, a discipline that has always been a part of my life.
I was born in Imola and I live in Monza ”, says Domenicali in the statement made public with the Russian Grand Prix underway.
“I have stayed connected to this sport thanks to my work with the FIA Single Seater Commission.
I look forward to connecting with F1 teams, promoters, sponsors and many partners as we continue to drive the business forward.