Chase Carey Rejoins Liberty Media Board to Guide F1

Chase Carey, the former CEO of Formula 1, is rejoining Liberty Media’s board of directors to assist current F1 chief Stefano Domenicali. Although Carey stepped down as CEO in 2021 and concluded his role as chairman in 2022, he will now lend his extensive experience to guide the company as it sharpens its focus on core motorsport assets, particularly F1 and MotoGP. Liberty Media’s chairman praised Carey's crucial role in the growth of F1, highlighting his efforts in renegotiating key agreements and expanding the race calendar during his tenure.

As Liberty Media prepares for a transformative phase in the global sports landscape, Carey's insights will support the strategic alignment of its motorsport operations. His official return to Liberty Media’s executive committee is effective January 1, 2025. With the company shifting toward premium sporting assets, Carey's proven track record in enhancing the value of F1 is expected to be a vital asset in navigating this new chapter and pursuing further growth in the sports and entertainment sector.