Stefano Domenicali will remain at the helm of Formula 1 until at least December 2029, following a contract extension offered by Liberty Media. The announcement comes just days before the start of the new season in Melbourne, Australia, reinforcing the long-term stability of F1’s leadership.
Domenicali, who has served as Formula 1’s CEO since 2021, has agreed to a five-year extension to his current contract, ensuring his leadership continues well into the future. His tenure has already seen significant growth and transformation within the sport, including increased global engagement, the expansion of the race calendar, and the introduction of major technical and regulatory changes aimed at improving sustainability and competitiveness.
The 59-year-old Italian brings extensive experience to his role, having previously served as Team Principal at Ferrari and later as CEO of Lamborghini. Under his leadership, Ferrari enjoyed a period of success in the late 2000s, while Lamborghini saw remarkable growth and expansion during his time at the company.
Domenicali took over as CEO of Formula 1 in 2021, succeeding Chase Carey, and has since played a key role in shaping the modern era of the sport. His leadership has been instrumental in securing new race venues, strengthening the sport’s digital presence, and implementing new sustainability initiatives, such as F1’s push towards carbon neutrality by 2030.
With his contract now extended until the end of 2029, Domenicali is expected to continue focusing on expanding the sport’s global reach, enhancing fan engagement, and ensuring Formula 1 remains at the forefront of technological innovation. His leadership has already brought major developments, including the return of the Las Vegas Grand Prix, an expanded race calendar, and significant rule changes aimed at increasing competition among teams.
His continued tenure suggests that Liberty Media and F1 stakeholders are confident in his ability to drive the sport forward in an era of rapid change, particularly with the upcoming 2026 regulation overhaul, which will introduce a new generation of power units and stricter sustainability targets.
The decision to retain Domenicali until 2029 provides stability and continuity for Formula 1, ensuring that the sport remains on its current growth trajectory. With increasing global interest, new markets, and evolving technical challenges, his leadership will be crucial in navigating the next phase of Formula 1’s evolution.
As Formula 1 heads into the 2025 season, Domenicali’s extended contract ensures a clear and consistent vision for the future, reinforcing the sport’s commitment to innovation, competition, and sustainability in the years to come.
