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Stefano Domenicali, the esteemed CEO of Formula 1, has recently inked a new five-year contract, ensuring his leadership until the end of 2029. This announcement comes just ahead of the Australian Grand Prix in Melbourne, marking a significant moment in the 2025 F1 season.

Since taking the helm in 2021, Domenicali has been pivotal in elevating Formula 1 to unprecedented heights. His strategic vision and dedication have been instrumental in transforming the sport into a global phenomenon.

In a statement released by Formula 1, it was highlighted that "Stefano has been instrumental in driving the business to new levels of success and becoming the global sport it is today."

Expressing his enthusiasm, Domenicali stated, "I am honoured to continue to lead this incredible sport, which I love and has been part of my life since my childhood. Together, with all the relevant F1 stakeholders, we will continue to serve the best interest of our fans, as they are the heartbeat of everything we do. The passion, the energy and the adrenaline are the fuel that powers me every day to give my absolute best to Formula 1."

Domenicali's illustrious career includes a six-year tenure at Ferrari from 2008 to 2014, where he was the last team principal to lead the team to a world title—the constructors' championship in 2008. He later joined Lamborghini in 2016 before succeeding Chase Carey as the head of Formula 1 in 2021.

This contract extension underscores Domenicali's enduring impact on the sport and his commitment to steering Formula 1 towards a bright and dynamic future.