Domenicali remains until 2029: Formula 1 celebrates the new era!

Domenicali remains until 2029: Formula 1 celebrates the new era!

Melbourne, Australien - Stefano Domenicali remains President and CEO of Formula 1 until at least 2029! This important decision was announced in an official notification to "X" and illustrates the future orientation of sport. The Italian, who has been at the head of Formula 1 since 2021, has agreed with Liberty Media on an extension of the contract that secured him in office for another five years. Derek Chang, CEO of the F1 owner Liberty Media, Domenicalis praised excellent leadership skills, which would have massively stimulated the growth and popularity of Formula 1 both commercially and with regard to the fan bond. This happens just a few days before the upcoming Grand Prix of Australia in Melbourne, which underlines its central role in sport.

Domenicalis Influence in motorsport

The 59-year-old Italian brings impressive professional experience that he previously gained as a team leader at Ferrari and as CEO of Lamborghini. Since taking office, Formula 1 has experienced an unprecedented global expansion and increased popularity. "I feel honored to continue this incredible sport. I am grateful for Liberty Media for her trust," said Domenicali enthusiastically. His commitment and passion for sport are unmistakable and contribute to accompanying Formula 1 on their chance of success, such as