Formulation One (F1) motor racing is near unveiling a shake-up of its industrial management that may embrace the departure of one in all its prime executives.

Sky Information understands that F1, which is owned by Liberty Media Group, will affirm as early as subsequent week that Sean Bratches, a former govt on the sports activities broadcaster ESPN, is stepping down after three years within the function.

Sources stated that Mr Bratches was unlikely to be immediately changed, together with his duties being divided amongst different senior executives on the firm.

The transfer shall be introduced throughout F1’s shut season, with the primary Grand Prix of 2020 scheduled to happen in Melbourne, Australia, in mid-March.

Hamilton's fifth win came at the Mexican GP in October last year
Picture: Lewis Hamilton received the 2019 driver’s title – his sixth

This yr’s calendar will embrace 22 races, the most important quantity within the sport’s historical past – with additions to the schedule together with the Netherlands and Vietnam.

It emerged earlier this week that F1 had additionally struck a deal to take the game to Saudi Arabia within the coming years.

Mr Bratches’ departure from F1 has been anticipated for a number of months, and follows an overhaul of its industrial organisation within the wake of Liberty Media’s takeover in 2016.

Extra from Enterprise

Beneath the management of Chase Carey, the American media govt who turned F1’s boss simply over three years in the past, it has tried to construct new audiences and reignite waning enthusiasm for the game in some key broadcast markets.

Since then, broadcast and digital viewing figures have grown, in response to the corporate.

Nonetheless, Mr Carey acknowledged in an interview final November that attracting international sponsors had been “slower and doubtless more durable than I’d’ve anticipated”.

F1 pledged late final yr to turn into carbon impartial by 2030, saying that vehicles would start utilizing biofuel in a landmark transfer to curb emissions.

Mr Carey took over the operating of the game from Bernie Ecclestone, who dominated F1 with an iron fist for many years.

He has insisted that he’ll stay in his function to supervise the implementation of latest technical and industrial laws, which come into impact subsequent yr.

Mr Carey is, nonetheless, more likely to step down quickly after that.

An F1 spokesman declined to remark.