Former Ferrari team principal Stefano Domenicali is to become President and CEO of Formula 1 in January 2021, with Chase Carey, the current Chairman and CEO, moving to the role of non-executive Chairman.
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Sergio Perez has announced he will leave Racing Point after seven seasons at the end of the current 2020 campaign. The decision by the Mexican appears set to signify that four-time world champion Sebastian Vettel will take his place at the team next to Lance Stroll next season.
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Renault’s Formula 1’s outfit will be renamed for the 2021 season and become known as the Alpine F1 Team. Alpine is the French manufacturer’s historic sportscar brand and was relaunched in 2017. It already features in the World Endurance Championship, but has never previously been used in F1.
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Williams Racing has confirmed that Britain’s George Russell and Canada’s Nicholas Latifi will continue to remain with the team for next season of Formula One. The move means Valtteri Bottas is likely to remain at Mercedes.
Though Russell had signed a multi-year deal with the team till the end of 2021, there were speculation of his possible move to Mercedes’ works team.
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Carlos Sainz will join Ferrari from next season on a two year deal replacing Sebastian Vettel. The Spaniard’s seat at McLaren has already been filled by Daniel Ricciardo who leaves Renault.
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