FORMER FERRARI TEAM PRINCIPAL Stefano Domenicali is reportedly set to replace Chase Carey as Formula 1’s chief executive ahead of the start of next season.
As per the reports, Carey is set to remain involved in F1 beyond the end of the year in a revised position.
Official confirmation by Liberty Media of Domenicali’s appointment has not yet been issued, but teams were informed of the news on Tuesday, Motorsport.com, quoting top industry sources, reported.
Domenicali was the team principal of Ferrari in F1 between 2008 and 2014, having previously served as its sporting director since 1998. He played a key role in its run of six consecutive constructors’ championships victories at the turn of the century.
After resigning from Ferrari in April 2014, Domenicali joined Audi later that year as its vice-president of new business initiatives, before moving to sister VW Group brand Lamborghini in 2016 as CEO. Throughout his time with Lamborghini, Domenicali has retained a role within the FIA as its president of the single-seater commission that he took up in late 2014.
Carey was appointed chairman of F1 upon Liberty Media’s acquisition of F1 back in September 2016, and became CEO once the deal was finalised in January 2017, taking over from Bernie Ecclestone.
