Chase Carey is not a household name like some of his counterparts in the world of entertainment and sports, but he is undoubtedly one of the most influential figures in the industry. As the CEO of Formula One, he has been instrumental in shaping the future of the sport and ensuring its continued success.
Carey assumed the role of CEO of Formula One in January 2017, following the sport’s acquisition by Liberty Media. Prior to his appointment, he had a long and successful career in the media and entertainment industry, working for companies such as News Corporation and DirecTV. His experience in the industry made him the perfect candidate to lead Formula One into a new era of growth and prosperity.
Under Carey’s leadership, Formula One has undergone significant changes aimed at making the sport more exciting and appealing to fans. One of his key priorities has been to increase the sport’s presence in new markets, particularly in the United States and Asia. He has also focused on improving the fan experience, through initiatives such as the launch of a new digital platform and the introduction of fan-friendly events.
Carey has also been a strong advocate for sustainability and environmental responsibility in Formula One. He has worked to reduce the sport’s carbon footprint and promote the use of alternative fuels. He has also been vocal in supporting diversity and inclusion in the sport, pushing for greater female participation in motorsport and promoting equality and diversity within Formula One’s teams.
Despite the challenges posed by the COVID-19 pandemic, Carey has managed to steer Formula One through a difficult period, ensuring that races continue to take place and fans can enjoy the sport safely. His leadership and vision have been crucial in ensuring the sport’s resilience and success in the face of unprecedented challenges.
In recognition of his contributions to the sport, Carey was awarded the prestigious CEO of the Year award by the Motorsport Industry Association in 2020. His leadership has been praised by fans, teams, and sponsors alike, and he has earned a reputation as one of the most respected figures in the motorsport industry.
As Formula One continues to evolve and grow under Carey’s leadership, it is clear that he will play a key role in shaping the future of the sport for many years to come. With his vision, passion, and dedication, Chase Carey is undoubtedly a driving force behind the success of Formula One.