According to the F-1 press service, he will replace the head of Liberty Media Chase Carey in this position.

“Liberty Media confirms that Stefano Domenicali will take over as President and CEO of Formula 1 in January 2021.

Chase Carey will take over as non-executive chairman of the board, ”the statement said. 

Domenicali joined Ferrari in 1991 and replaced current FIA President Jean Todt as team leader in 2007.

Domenicali led the team until 2014.

Earlier it was reported that the Russians recorded a video message to Hamilton before the Formula 1 stage in Sochi.