News Details

In The Pitlane: Chase Carey's F1 Report Card

It has now been officially confirmed Chase Carey will leave his role as chairman and CEO of F1 with former Ferrari team principal Stefano Domenicali replacing him at the helm. So, how has Carey performed in his role? Well, Liberty Media purchased F1 from CVC capital partners back in 2017 outbidding a consortium led by Stephen Ross, the Miami Dolphins owner, and the sovereign wealth fund of Qatar. This was Liberty’s second attempt at purchasing F1 after losing out to CVC in 2014. F1 was good for CVC but not F1 generally as under Bernie Ecclestone’s continued leadership or more accurately dictatorship CVC used F1 as an ATM taking an estimated $4.4-billion out through dividends and share...
Full Story »
4y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Domenicali confirmed as new F1 CEO, replacing Carey

Russian Grand Prix – Liberty Media has confirmed Stefano Domenicali...
4y ago from FormulaSpy.com

Formula One Confirms Domenicali Will Replace Carey As...

Formula One has announced that ex-Ferrari team principal Stefano...
4y ago from Formula1News.co.uk

Stefano Domenicali to replace Chase Carey as Formula 1...

The idea of Chase Carey stepping down as Formula 1 CEO is not surprising...
4y ago from TheParcFerme.com

Domenicali poised to replace Carey as F1 boss

Former Ferrari Team Principal Stefano Domenicali is being lined up to...
4y ago from MotorsportWeek.com

Elsewhere On The Network

Popular On MGPToday.com

Brazil replaces Argentina as 2026 MotoGP calendar...

The 2026 MotoGP calendar has officially been released and the new season...
12h ago from MotorsportWeek.c...

Motegi remains on MotoGP calendar through 2030

MotoGP has officially confirmed that the Japanese Grand Prix at Motegi...

Marco Bezzecchi explained what ‘key moment' he...

Marco Bezzecchi explained his first lap was the "key moment"...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Popular On GunnersToday.com

Alexander Isak open to leaving Newcastle with...

t;li>Striker not in squad for pre-season friendlies in AsiaCristhian...
4h ago from TheGuardian.com

'His professional and human conduct was reprehensible'...

Football coach and pundit Laurindo Filho has lambasted Arsenal-bound...
7h ago from SportsKeeda.com

New signing profile: Cristhian Mosquera

After four arrivals in as many weeks, Arsenal continued their summer...
9h ago from Arseblog.com

Arsenal sign Mosquera from Valencia

Arsenal have completed the signing of Cristhian Mosquera from Valencia in...
9h ago from SkySports.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.