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Formula 1

Domenicali outlines what's changed since Bernie Ecclestone left Formula 1

Speaking to RacingNews365.com, the Formula 1 CEO outlined the biggest changes since Liberty Media took over the sport from Bernie Ecclestone.

Stefano Domenicali believes the dynamic and quality of the teams and drivers in Formula 1 have changed since he first left F1 on 2014 as Ferrari team principal and the seven years that happened in between his return to the sport.

During that time period, Liberty Media took over as F1's commercial rights holder from CVC Capital Partners, which triggered a management change from Bernie Ecclestone to a team of professionals appointed by Liberty including Chase Carey and Sean Bratches.

"I would say the relationship between teams, the commercial right holders and the FIA are for sure different," Domenicali told RacingNews365.com. "There is more involvement in the discussions now.

“The second point is there are more drivers that are incredibly strong and an asset for the future. There were a few [top level drivers] in the past, but in terms of quantity and quality it is really much higher.

“The third one is that in terms of the fundamentals, you can see the teams are thinking in different ways, mainly the big teams. When I left Formula 1 the top teams had basically no limit in terms of budget, no limit in terms of approach.

"I already see now that these teams are thinking of Formula 1 in a different way, and the smaller teams now can see the Formula 1 of the future being an asset on which they can develop a real business."

Domenicali feels that the evolution from the post-Bernie Ecclestone era has happened in the right way and the F1 CEO believes Chase Carey has done an amazing job to make the sport what it is today.

"Bernie created Formula 1 and when there's this change of management or ownership, from the one who created the business to the one who has to take care of the future," added Domenicali. "It's natural that their has to be a discontinuity. It's human and it's logic.

"It has developed through the role of Chase in the right way because you cannot do a copy and paste of Bernie. I think Chase took that responsibility in a situation that was not easy at all and he did an incredible transfer to what is now a different Formula 1."

It's time for the latest episode of our new Formula 1 podcast, with F1 journalists Dieter Rencken and Thomas Maher discussing Max Verstappen's ever increasing championship lead, and whether Mercedes can turn things around over the next few races..

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