F1 introduced on Friday that ex-Ferrari staff principal Domenicali can be taking on from Chase Carey because the sequence’ CEO and president at the beginning of subsequent yr.
Carey will keep on with F1 as a non-executive chairman, having served as CEO since Liberty Media’s takeover of the sequence in January 2017.
Domenicali’s appointment has received widespread reward all through the F1 paddock given his racing information and observe document of serving to develop manufacturers, as seen at Lamborghini in recent times.
Mercedes staff boss Wolff felt it was “an important transfer” by Liberty Media to nominate Domenicali. “Stefano is, foremost, a person with an important persona, integrity, and information of the game,” Wolff stated.
“He has been a sporting director, a staff principal, he has gone by way of troublesome instances and thru profitable instances, and has been concerned within the Audi Formulation 1 mission for some time.
“In the long run, he was the man who led Lamborghini to large performances, large monetary performances and actually, the automobiles are nice. I feel he’s a really, superb alternative for the function.”
F1 has thought-about various format adjustments and tweaks underneath Liberty’s stewardship, with the newest drive coming to introduce some reverse grid dash races rather than qualifying at choose occasions subsequent yr.
Wolff has lengthy acknowledged his opposition to the plan, and lately warned F1 in opposition to turning into “WWE” or “Massive Brother” by focusing an excessive amount of on leisure.
Wolff stated that he anticipated Domenicali would veer away from introducing too many synthetic components into F1.
“As a result of he is aware of the game inside out, I feel sport comes first,” Wolff stated. “He’s going to avoid, for my part, synthetic issues.
“He’s a purist, however equally understands that you want to hold your spectators and your audiences .
“That stability is basically sophisticated to have proper, and I feel he’ll get that proper.”
Domenicali will take over from Carey in January with a lot of the groundwork for the upcoming seasons already accomplished, together with the signing of the brand new business phrases for F1 with the Concorde Settlement that was accomplished final month.
Wolff however believed Domenicali’s job checklist can be “large” upon taking on the reins, however was excited by what the Italian might supply.
“He had Chase battle his manner by way of to get the Concorde achieved, and that is one thing we have to acknowledge,” Wolff stated.
“I consider at instances very irritating for him to cope with the FIA and 10 opportunistic groups. However it’s good that it’s achieved.
“It leaves Stefano in place to actually take care of the game, how it may be optimised, increase extra sponsorship, do nice broadcasting offers, deliver us to thrilling locations and thrilling race tracks, and win a brand new technology, as new followers, over all these channels that exist in the present day.”