Particle.news
Download on the App Store
5 ARTICLES
·
2mo ago

Stefano Domenicali Extends Formula 1 Leadership Through 2029

The F1 CEO has signed a five-year contract extension, continuing his role in overseeing the sport's global growth and expansion.

Formula One F1 - F1 75 Live Season Launch - Arrivals - The O2, London, Britain - February 18, 2025 Formula One Group CEO Stefano Domenicali and his wife Silvia Colombo arrive before the launch REUTERS/Maja Smiejkowska/File Photo
Stefano Domenicali, CEO of the Formula One Group, looks on in the Paddock prior to the Sprint ahead of the F1 Grand Prix of Qatar at Lusail International Circuit on November 30, 2024 in Lusail City, Qatar.
Stefano Domenicali will remain Formula One president and CEO until 2029

Overview

  • Stefano Domenicali will remain as Formula 1's President and CEO through the 2029 season after signing a five-year contract extension with Liberty Media.
  • Domenicali has led F1 since 2021, overseeing significant growth, including the addition of 24 races and new U.S. Grand Prix events in Miami and Las Vegas.
  • Under his leadership, the series has expanded its global reach, secured high-profile partnerships like a 10-year deal with LVMH, and will add an 11th team, Cadillac Formula 1, in 2026.
  • The announcement comes ahead of the 2025 season opener in Australia, where reigning champion Max Verstappen begins his quest for a fifth consecutive title.
  • Liberty Media praised Domenicali for accelerating F1's commercial success and fan engagement, citing his energy and strategic vision as key to the sport's continued growth.