In this file photograph taken on September 10, 2019, Lamborghini Chairman and CEO Stefano Domenicali smiles as he attends a press day at the IAA Car Show in Frankfurt. Former Ferrari team principal Stefano Domenicali is set to become the new CEO of Formul
LONDON: 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.
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.
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.