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In Good Company with Nicolai Tangen

Formula 1 CEO: Sport Evolution, Elite Drivers and Full-Speed Leadership

In Good Company with Nicolai Tangen

Norges Bank Investment Management

In Good Company, Business, Norges Bank, Nicolai Tangen

4.8186 Ratings

🗓️ 21 May 2025

⏱️ 47 minutes

🧾️ Download transcript

Summary

Buckle up as Nicolai Tangen goes behind the scenes with Stefano Domenicali, President and CEO of Formula 1, to explore how the world's most exhilarating motorsport is evolving at breathtaking speed. From transforming a traditionally male-dominated audience to attracting younger, more diverse fans worldwide, Domenicali reveals how F1 has become an entertainment phenomenon without sacrificing its sporting essence. Discover what makes a truly exceptional F1 driver and learn about F1's ambitious plans for sustainable fuels, the delicate balancing act between historic tracks and emerging venues, and why Domenicali believes "there is only full speed" when leading at the highest level. Tune in!


In Good Company is hosted by Nicolai Tangen, CEO of Norges Bank Investment Management. New full episodes every Wednesday, and don't miss our Highlight episodes every Friday.


The production team for this episode includes Isabelle Karlsson and PLAN-B's Niklas Figenschau Johansen, Sebastian Langvik-Hansen and Pål Huuse. Background research was conducted by Torgeir Rimstad and David Høysæter.

 



Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

Hi everybody, I'm Nicola Tangan, the CEO of the Norwegian Southern Wealth Fund, and today I'm in really, really good company in the fast lane, actually, with the motorsport legends, Stefano Domenicali.

0:12.3

Stefano is the president and CEO of Formula One. Great, and thanks for joining us.

0:17.1

Thank you, thank you, Nicolae, and thanks to all our fans and supporters, and above all, maybe new people that they don't have a clue who I am.

0:25.0

That's great.

0:25.6

So we can connect with them.

0:35.5

Now, Stefano, first of all, is Formula One a sport or a TV show?

0:40.3

Well, it's definitely a sport, but of course when you're talking about TV show, I need to

0:44.8

understand what you think is a TV show. Is a negative approach or a positive comment?

0:49.3

I would say what is definitely different from the past is F1 is listening what is all around the world.

0:57.0

So we definitely need to understand what are the ingredients to be relevant in the world of

1:05.0

I said entertainment. Because sport is a part of what I believe a bigger picture, what an entertainment platform

1:12.2

should be. And we are definitely that. It's an entertainment platform where we have at the

1:17.8

center of course the sporting challenge, the sporting fight on the track with the drivers

1:22.6

who are for us the jewel of our sport and the cars, which represent the technological aspect of us.

1:30.3

But today, F1 is not only about it,

1:33.7

is about having people gathering together,

1:36.9

having people that have the chance to have fun, enjoy,

1:39.8

and giving the chance to other opportunities

1:42.3

like business development for partners,

1:45.0

or having the chance for everyone to connect with what we can offer,

1:50.0

to make sure that in a sort of situation where I can choose a lot of things,

1:56.0

you can be attracted of our menu.

...

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