Stefano Domenicali: State of the Nation Formula 1 Speech
Formula 1 President and CEO Stefano Domenicali has an upbeat outlook on the sport, predicting an exciting future and more in what has been titled F1 State of F1 Address official site.
Here’s what the chef has to say:
F1 gears up for another record year in 2022
The amazing news is that we are here in mid-October with six races to go and we have such an intense and open Formula 1 Championship that catches the attention of all our fans around the world.
We are moving in the right direction to achieve a record 22 Grands Prix in such a complex year with Covid-19. We had to be adaptable, flexible and proactive, but the payoff was a schedule with a steady pace given the circumstances. And that was made possible by our team here in F1, the FIA, the teams and the promoters.
Next year we launched the calendar with 23 Grands Prix. Thanks to the promoters and the teams, we have adapted the calendar to start in mid-March and end on November 20, one month before Christmas. We wanted to have the right pace for the schedule while still keeping the three week summer break and giving enough time to hardworking staff at the end of the season.
Next year will see the arrival of a new experience in Miami. And that comes after adding two new locations in Qatar and Saudi Arabia this year. Having three new events in the space of six months shows that the sport is in a good position.
Regarding the future beyond 2022, there will be more good news soon, which I don’t want to spoil by saying now. We are heading in the right direction and have reached a point where we can choose where F1 will go in the future.
We have so many requests to host a Grand Prix. This shows that our platform is attractive and that more and more governments see it as an opportunity to develop their businesses, their local economy and their community awareness. Exciting times to come.
Formula 1 is heading in the right direction
We live in difficult times, but Formula 1 is fortunate to attract investment at all levels.
Aston Martin is an incredible brand, an OEM with the right DNA for F1. That such a company invests so much money in F1 means that Lawrence Stroll believes in our project and believes that F1 is one of the most important pillars on which they will develop their strategy.
Stroll has set himself a goal of fighting for the world championship within five years. It’s ambitious, but I think with the level of investment it’s a realistic goal.
We’ve seen Red Bull already commit to building its own engine, with a big investment in the UK. And that’s another sign of real long-term loyalty to the championship. I am grateful for what they have done for F1 and what they continue to do.
And Williams is moving forward with a new owner, Dorilton putting in place the necessary steps to strengthen the future of the team. We hear that there are a lot of interested parties who want to buy teams and that means that F1 as a company is healthy, and that the choices we make like introducing sustainable fuels and overhauling the group. powerplant, are the right strategic technical approach for F1. .
We challenge the system with the ambition of cars that are lighter, able to compete with each other and that sound great. This is where we want to go and this is what we need to have in the future.
F1 Sprint having a positive impact on the weekend
We are satisfied with the lessons learned from the first two F1 Sprints. What is clear is that it changes the dynamics of the weekend but we want to wait for the last test in Brazil and then prepare the right package for the future.
The highlight has to be the weekend format. From Friday, the action mode is fully engaged. This is why the promoters are happy. We have received requests from many promoters to host the Sprint.
From a sporting point of view, we have seen that the less time you have to train, the more unpredictable the action is on the track in qualifying and in the race. We need to make some adjustments, but we are currently working on it.
It’s always easy to be negative and not to change, but we strive to move in that direction as we see the enthusiasm of the younger generation and the wider interest of those around the world.
Lots to play in the last six races
The last time we found ourselves in such a close fight for the championship, I was on the side of the team at Ferrari, the title going all the way to the final race in 2010 and 2012 – so I know what that means. to experience this kind of intensity.
It’s fantastic for Formula 1 to have such an intense fight, but I don’t want to focus just on that because we are fighting for other positions. McLaren and Ferrari, for example, are fighting for third place. And we have battles throughout the peloton, with the final constructors’ championship positions being critical for teams in terms of their positioning for the future.
I’m looking forward to the next six events because those are six opportunities for something new and amazing to happen in what has been one of F1’s great seasons so far.