Ex-Ferrari boss Domenicali announced as new CEO of Formula 1

Formula 1 has announced Stefano Domenicali's move to become the president and CEO of the F1 organisation, following his departure from Lamborghini

Ex-Ferrari boss Domenicali announced as new CEO of Formula 1

As reported earlier this week, Domenicali is set to take over from Chase Carey as the chief of F1 from the start of next year.

In a series of carefully timed statements, Italian sportscar manufacturer Lamborghini first announced that he was leaving his role as CEO of the company to take on a 'new and prestigious professional role' from January 2021.

Shortly afterwards, F1 announced Domenicali's new position with the sport's owners Liberty Media.

ANALYSIS: Why F1 teams shouldn't fear another ex-Ferrari boss in charge

Speaking about his new role, Domenicali said: "I am thrilled to join the Formula 1 organisation, a sport that has always been part of my life. I was born in Imola and live in Monza.

"I've remained connected to the sport through my work with the Single-Seater Commission at the FIA and I look forward to connecting with the teams, promoters, sponsors and many partners in Formula 1 as we continue to drive the business ahead."

Carey, who had always been clear that he did not intend to stay in F1 long, said he felt that his work to help frame new rules and a Concorde Agreement had laid some solid foundations for the future.

"It has been an honour to lead Formula 1, a truly global sport with a storied past over the last seventy years," said the American.

"I'm proud of the team that's not only navigated through an immensely challenging 2020 but returned with added purpose and determination in the areas of sustainability, diversity and inclusion.

"I'm confident that we've built the strong foundation for the business to grow over the long term."

Domenicali, a former team boss of Ferrari, has been CEO of Lamborghini since 2016 and has helped lead the Italian car maker to huge growth and record sales figures through 2019.

Alongside his role with Lamborghini, Domenicali has served as the president of the FIA's Single-Seater Commission, helping to oversee a restructuring of the junior motorsport ladder.

Domenicali's arrival as the head of F1 has been universally welcomed by teams, who believe his experience, skills and personality are the right fit to take the sport to a brighter future.

shares
comments
Teams back Domenicali appointment as F1 CEO
Previous article

Teams back Domenicali appointment as F1 CEO

Next article

F1 Russian GP: Bottas beats Hamilton to Sochi FP2 top spot

F1 Russian GP: Bottas beats Hamilton to Sochi FP2 top spot
Load comments
The six F1 subplots to watch in 2022 as a new era begins Plus

The six F1 subplots to watch in 2022 as a new era begins

As Formula 1 prepares to begin a new era of technical regulations in 2022, Autosport picks out six other key elements to follow this season

Why newly-retired Raikkonen won't miss F1 Plus

Why newly-retired Raikkonen won't miss F1

After 349 grand prix starts, 46 fastest laps, 21 wins and one world championship, Kimi Raikkonen has finally called time on his F1 career. In an exclusive interview with Autosport on the eve of his final race, he explains his loathing of paddock politics and reflects on how motorsport has changed over the past two decades

Formula 1
Jan 23, 2022
Unpacking the technical changes behind F1 2022's rules shakeup Plus

Unpacking the technical changes behind F1 2022's rules shakeup

Formula 1 cars will look very different this year as the long-awaited fresh rules finally arrive with the stated aim of improving its quality of racing. Autosport breaks down what the return of 'ground effect' aerodynamics - and a flurry of other changes besides - means for the teams, and what fans can expect

Formula 1
Jan 21, 2022
Why new era F1 is still dogged by its old world problems Plus

Why new era F1 is still dogged by its old world problems

OPINION: The 2022 Formula 1 season is just weeks away from getting underway. But instead of focusing on what is to come, the attention still remains on what has been – not least the Abu Dhabi title decider controversy. That, plus other key talking points, must be resolved to allow the series to warmly welcome in its new era

Formula 1
Jan 20, 2022
The Schumacher trait that will give Haas hope in F1 2022 Plus

The Schumacher trait that will give Haas hope in F1 2022

Mick Schumacher’s knack of improving during his second season in a championship was a trademark of his junior formula career, so his progress during his rookie Formula 1 campaign with Haas was encouraging. His target now will be to turn that improvement into results as the team hopes to reap the rewards of sacrificing development in 2021

Formula 1
Jan 19, 2022
The “glorified taxi” driver central to F1’s continued safety push Plus

The “glorified taxi” driver central to F1’s continued safety push

As the driver of Formula 1’s medical car, Alan van der Merwe’s job is to wait – and hope his skills aren’t needed. JAMES NEWBOLD hears from F1’s lesser-known stalwarts

Formula 1
Jan 15, 2022
When BMW added F1 'rocket fuel' to ignite Brabham's 1983 title push Plus

When BMW added F1 'rocket fuel' to ignite Brabham's 1983 title push

There was an ace up the sleeve during the 1983 F1 title-winning season of Nelson Piquet and Brabham. It made a frontrunning car invincible for the last three races to see off Renault's Alain Prost and secure the combination's second world title in three years

Formula 1
Jan 13, 2022
How “abysmal” reliability blunted Brabham’s first winner Plus

How “abysmal” reliability blunted Brabham’s first winner

Brabham’s first world championship race-winning car was held back by unreliable Climax engines – or so its creators believed, as STUART CODLING explains

Formula 1
Jan 10, 2022