Components 1 chief government Stefano Domenicali has signed a brand new five-year contract to the top of 2029.
The Italian, a former Ferrari group principal and Lamborghini chief government, has held the position since 2021.
The deal was introduced simply days earlier than the season-opening Australian Grand Prix in Melbourne.
“Stefano has been instrumental in driving the enterprise to new ranges of success and changing into the worldwide sport it’s at this time,” learn an F1 assertion.
Domenicali mentioned: “I’m honoured to proceed to guide this unbelievable sport, which I really like and has been a part of my life since my childhood.
“Collectively, with all of the related F1 stakeholders, we’ll proceed to serve the very best curiosity of our followers, as they’re the heartbeat of the whole lot we do.
“The fervour, the power and the adrenaline are the gasoline that powers me on daily basis to offer my best possible to Components 1.”
Domenicali spent six years at Ferrari between 2008 and 2014 and is the final group principal below whom the group received a world title – the constructors’ championship in 2008.
He joined Lamborghini in 2016 earlier than succeeding American Chase Carey as head of Components 1 5 years later.
