Talks over becoming F1 boss "never went anywhere"

Ross Houston
September 27, 2020

Formula 1's commercial rights owners Liberty Media on Friday confirmed that former Ferrari team chief Stefano Domenicali will succeed Chase Carey as president and chief executive officer from January next year.

Carey was installed in the role following Liberty Media's takeover of the sport in 2017, replacing long-serving F1 boss Bernie Ecclestone.

"I think everyone knows that there have been exploratory talks, but that hasn't gone any further".

"Actually, I don't think they could have really chosen someone better to replace some big shoes that Chase has".

"It leaves Stefano in a good position to really look after the sport, how it can be optimised, raise more sponsorship, do great broadcasting deals, bring us to exciting places and exciting race tracks, and win a new generation, as new fans, over all these channels that exist today".

But after helping to transform the sport, a grateful Steiner said: "We have to thank Chase for what he did for us and what he will be doing because he stays on as a non-executive chairman". He's got a good family and good morals.

"If he takes that role I think it's great for the sport".

According to Lamborghini, Domenicali announced he would be leaving the Italian supercar brand to take on a "new and prestigious professional role" beginning in January. "I was born in Imola and live in Monza".

"The past six years at Audi and then Lamborghini have given me broader perspective and experience".

Renault team boss Cyril Abiteboul said that Domenicali's current role with a sportscar manufacturer gave him useful knowledge, especially at a time when names like Aston Martin and Alpine are entering F1.

The Italian said: 'I am thrilled to join the Formula 1 organisation, a sport that has always been part of my life.

Domenicali has been with Lamborghini since 2016, but has also helped with the FIA's Single Seater Commission to restructure the junior motorsport ladder.

Red Bull team chief Horner added of Domenicali: "He is one of the good guys. I'm sure Stefano... will be scrupulous in his impartiality". "And then my personal experience also with Stefano, during my time at Porsche is simply that he's a great personality, a great character and I benefitted a lot also, working on special projects with him, from his experiences so we would definitely welcome Stefano taking over this position". "He's done a great job at Lamborghini, and I think he will be a great asset to F1".

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