Soon, Domenicali will assume Formula One’s Chief Executive role, succeeding current boss, Chase Carey.
From 2008 to 2014, Stefano Domenicali was probably in a perilous position–terminated as Ferrari’s team manager. But it didn’t spell the end of his executive career. Domenicali moved on to become the head of one of the most popular and iconic performance cars around, Lamborghini. Domenicali also served as the head of FIA’s single-seater commission.
His rebound continued yesterday. Soon, Domenicali will assume Formula One’s Chief Executive role, succeeding current boss, Chase Carey.
Before he leaves, Carey’s primary goal is to ensure that all ten teams agree to a new Concorde Agreement. If approved, between 2021-2025 the new agreement would give the sport an extra share of prize money and a new governance framework.
In related news, FIA owner Jean Todt has a contract renewal coming up, and he is not expected to continue in that role. Todt, like Domenicali, was once affiliated with Ferrari, as is the current managing director of Motorsport, Ross Brawn.
With critical positions filled and opening up, fresh leadership is in store for the sport.