Australian Grand Prix chief executive Andrew Westacott will step down from the role next year after Victoria secured the rights to the race for another two years.
Westacott, who has been at the helm since 2011, said the timing was right for him and “for the corporation as well”. He will finish as Australia’s GP chief – its longest serving CEO – at the end of the financial year.“I just love delivering major events, I love doing things for the state of Victoria, I love working with a great team,” Westacott told the“The timing was right for me and the timing is right for the corporation as well.
Victoria has hosted the Formula 1 grand prix for 25 years – since 1996 – after nabbing it from Adelaide. The race will now remain in Melbourne until 2037.Tickets sold out for next year’s event within hours of their release.Westacott said it had been a source of “immense pride” for him to work with the Australian Grand Prix Corporation, which is responsible for both the F1 race at Albert Park and the Australian Motorcycle Grand Prix at Phillip Island.
“He leaves AGPC positioned for continued global success and I wish him all the very best in his future endeavours,” Little said.
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