Stefano Domenicali could be F1's new CEO.
It seems the VW Group's umbrella of ultra-luxury marques can't escape the media spotlight of late, with big shake-ups happening left and right. First came the news that Bugatti is being sold to Rimac, and now it seems Lamborghini might need to find a new CEO. This is after a report has surfaced from RaceFans that suggests Lamborghini CEO, Stefano Domenicali, will take over the role of Formula 1 CEO. This wouldn't be an entirely new field for Domenicali who, prior to taking the reins at Lamborghini in 2016, was the boss of Ferrari's Formula 1 team.
The position of F1 CEO has been filled since January 2017 by Chase Carey, who has held office since F1 was purchased by the American firm, Liberty Media. Should the report prove accurate, it would see F1's management contingent be made up of largely ex-Ferrari personnel. Currently, the post of managing director is held by ex-Ferrari design boss, Ross Brawn, while Jean Todt, former sporting director at Scuderia Ferrari, is the current FIA president. Carey is still expected to retain involvement in the sport, however, as he also holds the reposition of F1 chairman and will retain links to F1 in "an outward-facing role."
But what of Lamborghini? The manufacturer has only confirmed Stefano's departure, citing a 'new and prestigious professional role' from the new year. But it might not all be doom and gloom for the Italian marque. After the bombshell of Bugatti being offloaded to Rimac was dropped, the future of Bugatti CEO, Stephan Winkelmann was unsure. Initial reports cited he would not be retained at Bugatti. The new opening at Lamborghini could be an ideal way for him to stay within the VW umbrella, however, as he could reprise his role as President and CEO of Lamborghini - a role he previously filled from 2005 to 2016 before he took over operations at Audi Sport and then Bugatti. In his tenure at Lamborghini, he oversaw numerous successes including the Lamborghini Huracan, the Aventador, and numerous one-off specialties.