Senior sources have confirmed that Former Ferrari team boss Stefano Domenicali is set to replace Chase Carey as the sport’s chief executive before next season.

Domenicali, 55, is currently chairman and chief executive of Italian sportscar maker Lamborghini. He also serves as head of the governing FIA’s single-seater commission.

The appointment would leave three of the sport’s top jobs in the hands of former Ferrari men. The FIA is run by a former Ferrari team boss, Frenchman Jean Todt, while Formula One’s managing director for motorsport Ross Brawn is a former Ferrari technical director.