Katharina Nowak has been named President of the Miami Formula 1 Grand Prix.Nowak previously served as Vice President of Business Operations for the race. At 28, she becomes the youngest president of a Formula 1 event, and one of only two women in the role across the world. She will...

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 Domenicali to take over from former CEO Chase Carey in 2021, and the former Ferrari team principal and Audi...

There’s nothing unusual about a team principal holding a press conference before the start of a new Formula 1 season. But this week, that team principal wasn’t preparing at team to race in Melbourne this weekend.Graeme Lowdon was named as the first team principal of the new Cadillac F1 team...

Liberty Media's new management structure is helping race promoters enjoy "a good collaboration" and make certain changes more easily than with Bernie Ecclestone, according to the Azerbaijan Grand Prix promoter.Ecclestone was replaced at the head of Formula 1 when Liberty completed its takeover of the sport at the beginning of...

Christian Horner is willing to receive less prize money for the next two years while Liberty Media continues to invest in Formula 1.Liberty has been on a recruitment drive since taking over the sport at the start of this year, putting in place a structure it hopes will allow it...

Formula 1 chairman and chief executive Chase Carey believes Bernie Ecclestone's approach to management has led to "a level of frustration" within the sport.Carey took over from Ecclestone when Liberty Media completed its acquisition of Formula 1 in January of this year, quickly putting in place a three-man management team...

Former Formula 1 boss Bernie Ecclestone has admitted that he no longer has any influence on management of the sport, despite being given the title of "chairman emeritus" by its new ownership group.Ecclestone, 86, was removed by Liberty Media as CEO in January in favor of Libert's Chase Carey (pictured...

Bernie Ecclestone may have been ousted by Formula 1's new owners, but says he has no interest in being involved in the creation of a rival series, in response to speculation to that effect that surfaced last week."I wish to clear up the rumors that I am starting a series...

Paul Pfanner is the President and CEO of Racer Media & Marketing, Inc. and the founder of RACER Magazine and RACER.com. This week could go down as a turning point for motor racing worldwide. The defining moment of this new era was the long-anticipated end to the Bernie Ecclestone era...

Bernie Ecclestone was removed as F1's CEO by Liberty Media because his approach "was not right in today's world," according to Chase Carey, the man who replaced him.Liberty completed its acquisition of Formula 1 on Monday, with Ecclestone being given the role of chairman emeritus as Carey took over the...