Stefano Domenicali He is the current president and CEO of Formula 1, a position he took up in 2020, instead. Chase Careyafter being selected by Liberty Media, a competing company. The Italian, who led Ferrari between 2007 and 2014, is discussing his renewal, although according to the latest rumors circulating in the Anglo-Saxon press, his position may be threatened.
According to the ‘Daily Mail’, Domenicali’s ‘head’ is in danger and Liberty are considering a replacement, including three senior club bosses.Christian Horner (Red Bull), Toto Wolff (Mercedes) and Zak Brown (McLaren)while the Italian still has one year left on his contract.
The German journalist Ralf Bach added to the story by warning that Domenicali was chosen for preventing the arrival of Andretti as the eleventh team in the group despite the positive decision of the FIA and his name appears in the investigation of non-compliance with the recommendations of the Department of Justice. of the United States, and the wires that interfere.
The exclusive portal motorsport.com denies this and confirms that Domenicali is about to seal his continuation in the F1 title. The Italian has several open trips, on the one hand, at the level of the calendar, to negotiate with different trips, including Barcelona, renewal of the Pact of Concorda document signed by the teams and the FIA and which establishes the sporting, financial and commercial basis for the competition.
It should be remembered that Domenicali recently closed a contract with LVMH, the multinational luxury group led by Bernard Arnauld, for the next ten years, as well as another very important contract to consolidate this partnership. Santander Bank as an F1 sponsor.
