STEFANO DOMENICALI: EX-FERRARI BOSS TO HEAD FORMULA 1| RACING NEWS | AUTO REPORTER
Former Ferrari team principal Stefano Domenicali will become the new boss of Formula 1 next year.
Stefano Domenicali left Ferrari early in 2014. Now he is the chief executive of sports car manufacturer Lamborghini.
The appointment of Stefano Domenicali has not yet been announced by Formula 1 but has been confirmed by other senior sources.
Chase Carey, CEO and chairman of F1 as US group Liberty Media got over the sport in 2017, will stay as chairman in a manner yet to be decided.
A spokesman for F1 refused to comment on Domenicali's new position. Domenicali himself did not respond to a request to comment quickly.
Domenicali has not yet signed a contract; however, the news has been given to team bosses.
The imminent appointment involves the sport's commercial rights holder, and the governing body will both be led by Stefano Domenicali.
At the end of 2007, Stefano Domenicali took over at Ferrari from current FIA president Jean Todt.
Todt has said he will not stand for re-election when his third term ends next year.
Domenicali is a respected and well-liked figure in F1, a charismatic and cheerful character with a solid management track record.
He is the last team principal below whom Ferrari won a world title - the constructors' championship in 2008.
He resigned in 2014 but then, president Luca di Montezemolo's wish for him to dismiss Ferrari's engine head after the team badly undervalued the new turbo-hybrid engine regulations' requirements.
Domenicali later took up a senior management role at Audi, before appointed as chief executive of Lamborghini, a portion of the VW Audi Group.
He additionally has a senior role at the FIA as head of the single-seater commission.