F1 CEO Domenicali sees compensation drop despite record revenues

Stefano Domenicali, President and CEO of Formula 1, experienced an 8.7% decrease in his annual pay for 2025, receiving £7.999 million compared to £8.765 million in 2024. Despite significant revenue growth of 9.2% year-over-year to £429.6 million, elevated operational expenses led to a minimal increase in pre-tax operating profit. The drop in Domenicali's pay is linked to performance-based compensation and fluctuations in share options rather than a decline in the sport's financial success. Formula 1 Management's operational costs surged due to increased logistics for a busy 24-race calendar. Domenicali's reduced pay reflects a strategic reinvestment in operations as the series prepares for significant changes in 2026.

• 12:02 PMYahoo Sports — Formula 1 Chief Takes a Shock Drop in Pay as Logistics Costs Explode