Former Ferrari chief to replace Carey as F1 CEO

Formulation One’s industrial rights owners Liberty Media on Friday confirmed that former Ferrari group chief Stefano Domenicali will succeed Chase Carey as president and chief authorities officer from January subsequent 12 months.

In a press launch confirming the widely-expected swap, Liberty Media talked about American Carey would take a spot as the game’s non-executive chairperson.

The strikes had been welcomed by predominant figures contained throughout the paddock, Pink Bull boss Christian Horner saying former rival Domenicali was “one amongst many good guys”.

Italian Domenicali, 55, joins two completely totally completely completely different former Ferrari staff in key positions inside F1 – Frenchman Jean Todt, who’s president of the ruling physique, the Worldwide Motoring Federation (FIA) and Briton Ross Brawn, who’s managing director for motorsport.

Domenicali, a hottest determine contained throughout the paddock, has been chief authorities of Lamborghini since 2016 and boss of the FI’s single-seater worth since he left Ferrari in 2014.

He talked about he was “thrilled” to be returning to F1, one scenario that had “recurrently been part of my life”.

“I’ve remained related to the game by the use of my work with the one seater worth on the FIA,” he talked about.

“I watch for connecting with the groups, promoters, sponsors and a considerable quantity of companions in Formulation 1 as we proceed to drive the enterprise forward.

“The sooner six years at Audi after which Lamborghini have given me broader perspective and expertise.”

Carey grew to point out into chief authorities officer in 2017 following American firm Liberty’s takeover.

He talked about: “It has been an journey and I’ve cherished working with the groups, the FIA and all of our companions. I watch for staying concerned and supporting Stefano as he takes the wheel.

“It has been an honour to info F1, a extremely worldwide sport with a storied earlier over the earlier 70 years. I am happy with the group that is not solely navigated by the use of an immensely troublesome 2020, nonetheless has returned with added perform and willpower contained throughout the areas of sustainability, differ and inclusion.”

Pink Bull group chief Horner added of Domenicali: “He is among the many many many many good guys.

“Having competed in route of him, when he was group principal at Ferrari, he had varied integrity, he was a racer and he was a competitor. He understands the enterprise.

“He is executed an outstanding job at Lamborghini and I actually really actually really feel he’ll better than attainable be a exact asset to Formulation One.”

Horner dismissed claims that it is possibly unhealthy for F1 to be dominated by three former Ferrari males.

“Clearly, you have a look on the make-up of the correct finish of the game with Jean Todt, Ross Brawn and Stefano and it looks as if a mid-1990s or early-2000 set-up,” he talked about.

“Nonetheless I do not assume that there’ll better than attainable be any specific bias or love contained in the path of Ferrari from any of these of us. I am optimistic Stefano will better than attainable be scrupulous in his impartiality.”

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