Liberty Media Corporation (“Liberty Media”) (NASDAQ: LSXMA, LSXMB, LSXMK, BATRA, BATRK, FWONA, FWONK) announced today that Stefano Domenicali will assume the role of President and CEO of Formula 1 in January 2021.
Chase Carey, the current Chairman and CEO, will move to the role of nonexecutive Chairman.
Greg Maffei, Liberty Media President and CEO:
“Chase has done a phenomenal job leading F1. He assembled a first-
His actions have reinforced F1 as the pinnacle of motorsport. As always, he has been a great partner and I look forward to his continued counsel in his new role as non-
Chase Carey, Formula 1 Chairman and CEO.
“It has been an honor to lead Formula 1, a truly global sport with a storied past over the last seventy years. I’m proud of the team that’s not only navigated through an immensely
challenging 2020 but returned with added purpose and determination in the areas of
sustainability, diversity and inclusion. I’m confident that we’ve built the strong foundation for the business to grow over the long term,” said “It’s
been an adventure and I’ve enjoyed working with the teams, the FIA and all of our partners. I look forward to staying involved and supporting Stefano as he takes the wheel.”
“I am thrilled to join the Formula 1 organization, a sport that has always been part of my life. I was born in Imola and live in Monza. I’ve remained connected to the sport through my work with the Single Seater Commission at the FIA and I look forward to connecting with the teams, promoters, sponsors and many partners in Formula 1 as we continue to drive the business ahead,” “The past six years at Audi and then leading Lamborghini have given me broader perspective and experience that I will bring to Formula 1.”
About Stefano Domenicali
Stefano began his professional career at Ferrari in 1991, where he held various positions,
increasing his responsibility until he became the Team Principal for Ferrari Formula 1 in 2008.
In 2014 he joined Audi AG as Vice President of New Business Initiatives and then was
appointed Chairman and Chief Executive Officer of Automobili Lamborghini in 2016. During his time at Lamborghini he successfully grew the brand in major global markets and across platforms, producing strong financial results. He is a member of the FIA World Motor Sport Council, on which he serves as President of the Single Seater Commission.
About Liberty Media Corporation
Liberty Media Corporation operates and owns interests in a broad range of media, communications and entertainment businesses. Those businesses are attributed to three tracking stock groups: the Liberty SiriusXM Group, the Braves Group and the Formula One Group.
The businesses and assets attributed to the Liberty SiriusXM Group (NASDAQ: LSXMA, LSXMB, LSXMK) include Liberty Media Corporation’s interests in SiriusXM and Live Nation
Entertainment. The businesses and assets attributed to the Braves Group (NASDAQ: BATRA, BATRK) include Liberty Media Corporation’s subsidiary Braves Holdings, LLC.
The businesses and assets attributed to the Formula One Group (NASDAQ: FWONA, FWONK) consist of all of Liberty Media Corporation’s businesses and assets other than those attributed to the Liberty SiriusXM Group and the Braves Group, including its subsidiary Formula 1 and minority equity investment in AT&T Inc.
Team and Driver Changes 2021 / updated Race Calendar 2021
McLaren announced that they would change from using Renault power units to ones built by Mercedes, resuming the McLaren-
Racing Point will become known as Aston Martin. The name change was brought about by the team's part owner Lawrence Stroll investing in the Aston Martin marque.
Renault will become known as Alpine.
Sebastian Vettel is set to leave Ferrari at the end of the 2020 championship and start with Aston Martin
Carlos Sainz Jr., who will leave McLaren will start racing with Scuderia Ferrari 2021.
Daniel Ricciardo is due to move from Renault to McLaren where he will replace Sainz. Fernando Alonso, double world champion, returns to F1 and will drive in Alpine's (Renault) first season.
Sergio Pérez is set to leave Racing Point as they become Aston Martin at the end of 2020,
preliminary Races / Venues 2021
The following eighteen Grands Prix are under contract to be held as part of the 2021 World Championship:
Grand Prix Circuit Ref.
Abu Dhabi Grand Prix United Arab Emirates Yas Marina Circuit, Abu Dhabi
Australian Grand Prix Australia Albert Park Circuit, Melbourne
Azerbaijan Grand Prix Azerbaijan Baku City Circuit, Baku
Bahrain Grand Prix Bahrain Bahrain International Circuit, Sakhir
Belgian Grand Prix Belgium Circuit de Spa-
British Grand Prix United Kingdom Silverstone Circuit, Silverstone
Canadian Grand Prix Canada Circuit Gilles Villeneuve, Montréal
Dutch Grand Prix Netherlands Circuit Zandvoort, Zandvoort
French Grand Prix France Circuit Paul Ricard, Le Castellet
Hungarian Grand Prix Hungary Hungaroring, Mogyoród
Italian Grand Prix Italy Autodromo Nazionale di Monza, Monza
Japanese Grand Prix Japan Suzuka International Racing Course, Suzuka
Mexico City Grand Prix Mexico Autódromo Hermanos Rodríguez, Mexico City
Monaco Grand Prix Monaco Circuit de Monaco, Monte Carlo
Russian Grand Prix Russia Sochi Autodrom, Sochi
Singapore Grand Prix Singapore Marina Bay Street Circuit, Singapore
United States Grand Prix United States Circuit of the Americas, Austin, Texas
Vietnamese Grand Prix Vietnam Hanoi Street Circuit, Hanoi
following races are not yet confirmed for the 2021 season:
Chinese Grand Prix (Shanghai)
Spanish Grand Prix (Circuit de Catalunya)
German Grand Prix
Austrian Grand Prix (Red Bull Ring)
Brazilian Grand Prix (Interlagos)
F1 Race Calendar 2020 season:
1. Austria Red Bull Ring 5 Jul
2. Styria Red Bull Ring 12 Jul
3. Hungary Hungaroring 19 Jul
4. Great Britain Silverstone 2 Aug
5. Anniversary Silverstone 9 Aug
6. Spain Catalunya 16 Aug
7. Belgium Spa-
8. Italy Monza 6 Sep
9. Tuscany Mugello 13 Sep
10. Russia Sochi 27 Sep
11. Germany Eifel Nurburgring 11 Oct
12. Portugal Algarve 25 Oct
13. Italy, Emilia Romagna Imola 1 Nov
14. Turkey Istanbul 15 Nov
15. Bahrain Bahrain 29 Nov
16. Sakhir Bahrain 6 Dec
17. Abu Dhabi Yas Marina 13 Dec
Foto: copyright fotoARTs NaaniiGlobal, 2012, Stefano Domenicali with Fernando Alonso, Scudería Ferrari, all rights reserved.