Chase Carey, who was CEO of F1 from 2017 to 2021, has been appointed to the board of the championship's owners, Liberty Media.
The 71-year-old was also chairman of the series from 2016 to 2022. He will serve on the executive committee of the Liberty Media board, effective from 1st January 2025.
"Chase has been an excellent partner to Liberty for many years, from our investment in DIRECTV in 2008 to Liberty’s purchase of Formula 1 in 2017 where his role as CEO was key to securing the acquisition," said Liberty Media chairman John Malone.
"He was instrumental in building a successful foundation at F1 from which the business has grown materially.
"Chase’s knowledge and expertise across media, entertainment, sports, business and more will be valuable to the board as our companies execute on their next chapters of growth and value creation."
Carey added: "Liberty is at an exciting point in its storied evolution, with a more focused asset base centred around high-quality, premium sporting assets that I know well.
"I look forward to contributing to Liberty as a director in partnership with John, Liberty management and the portfolio company leadership teams."
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