Sport Domenicali to replace Carey as F1 CEO from January

LONDON (Reuters) - Former Ferrari team boss Stefano Domenicali will replace Chase Carey as Formula One's chief executive from January next year, the sport's commercial rights holders Liberty Media announced on Friday.

© Reuters/Brandon Malone Ferrari Formula One team principal Domenicali attends a news conference after the second practice session of the Australian F1 Grand Prix in Melbourne

© Reuters/TRACEY NEARMY Formula One F1 - Australian Grand Prix

Carey, who replaced Bernie Ecclestone in 2017 when U.S.-based Liberty took over the sport, will move to the role of non-executive chairman.

Former Ferrari chief to replace Carey as F1 CEO: reports

Former Ferrari team principal Stefano Domenicali is set to become the new CEO of Formula One after leaving the Italian team earlier than expected, media reports said Wednesday. The 55-year-old Italian is to replace Chase Carey, who has been in charge since US group Liberty Media took over the sport in 2017, according to the BBC and Autosport. While Formula One officials would not confirm the appointment of Domenicali, senior sources in F1 told the BBC it was a done deal.The news -- which will also see American Carey remain as chairman in some form -- has been communicated to the team bosses.

© Reuters/ANTON VAGANOV Formula One F1 - Russian Grand Prix

Domenicali, 55, is currently chairman and chief executive of Italian sportscar maker Lamborghini. He also serves as head of the governing FIA's single-seater commission.

(Reporting by Alan Baldwin, editing by Christian Radnedge)

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