Stefano Domenicali, who has guided Formula 1 through explosive growth on the calendar and in popularity in recent years, will stay on as president and chief executive through 2029 under a five-year contract extension announced by the the global racing series and ownership group Liberty Media.

Stefano Domenicali will remain as CEO of Formula 1 until at least the end of 2029 after signing a five-year renewal to his agreement with the sport’s owner Liberty Media. Liberty selected

Stefano Domenicali will continue as president and CEO of Formula One Management for a further five years, the commercial rights holder for the Formula 1 championship has announced. The ex-Ferrari F1 team boss has helmed FOM since the start of 2021 and has overseen a period of strong growth in terms of fan interest in the series and improved financial health for its stakeholders – including the teams.

F1 has issued a major announcement over the future of Formula 1 president and chief executive Stefano Domenicali.

Stefano Domenicali has been confirmed to remain as president and CEO of Formula One Management (FOM) for an additional five years.

Stefano Domenicali will remain at the helm of Formula One until at least the end of 2029 after being handed a five-year contract extension by the sport’s commercial rights holders, Liberty Media.

Stefano Domenicali has confirmed his future plans after a signing a new deal to serve as president and CEO of Formula 1 until 2029.

Formula One have announced a major power play by tying down chief executive Stefano Domenicali to a new long-term contract. We'll be bringing you the very latest updates, pictures and video on this breaking news story.

The 59-year-old Italian’s deal will run until 2029, and was announced just 24 hours before the first track action of the new campaign at Melbourne’s Albert Park.