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Domenicali poised to replace Carey as F1 boss
Former Ferrari Team Principal Stefano Domenicali is being lined up to replace Chase Carey as Formula 1’s new CEO. Carey has headed Formula 1 since the championship was acquired by Liberty Media at the start of 2017, though was always likely to walk away after 2020. Carey’s primary achievement was to secure a new Concorde Agreement, in the wake of being involved in the decision to introduce a budget cap for 2021, among other changes. Those talks with teams were delayed while Formula 1 navigated its way through the Coronavirus pandemic. It was confirmed earlier last month that all 10 teams had signed up to the new Concorde Agreement, which covers the 2021-25 seasons. Carey, 65, is set to...
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3y ago from MotorsportWeek.com
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