Chase Carey is one of the highest earning sports and media executive in the world. We profile the current CEO and Chairman of the Formula One group.
Formula One is one of the most lucrative and expensive sport in the world. It has the biggest names in the automobile industry – from Ferrari to Mercedes, and from Renault to Honda.
Currently, the sport is ‘owned’ by the Liberty Media group. Following the takeover, Chase Carey took over the role of F1 Boss from Bernie Ecclestone at the start of the 2017 season.
Also read: Bernie Ecclestone becomes a father aged 89.
Who is Chase Carey?
Chase Carey is an Irish-American executive, who has worked for numerous top organisations in the media industry. He has previously worked for News Corp., 21st Century Fox, Sky, among others.
Since he took over at the helm of affairs of F1, he has helped reach it to all parts of the world. This is significant as Formula One was primarily seen as a white-dominated, European sport.
But now, races are being held all across the globe, the newest entrant being the Asian country Vietnam. Canadian Lance Stroll, Mexican Sergio Perez, Thai Alex Albon, are some of the non-European racers in the grid currently.
— Formula 1 (@F1) July 10, 2020
What is Carey’s Net Worth?
Chase Carey is estimated to be somewhere in the region of $44 million. His salary as Vice-Chairman of 21st Century Fox’s Board is over $2 million. He has residences in Ireland and New York. He counts Harvard Business School as his alma mater.
Apart from F1, he also follows the New York Yankees and the Giants American football team.