Yas Marina Circuit appoints new CEO

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A new CEO has been appointed to the Abu Dhabi racetrack Yas Marina Circuit.

The board of Abu Dhabi Motorsport Management announced on Wednesday Tareq Al Ameri would take over from Richard Cregan, who will retain an advisory role while moving on to lead the Formula One Russian Grand Prix.

Al Ameri, 34, has been part of the team that has developed the circuit, which hosts the Abu Dhabi Formula One event each November, since its inception five years ago.

“With the success of the past five years as a catalyst, I look forward to Al Tareq leading the further growth of this business, which encompasses both meaningful social engagement and sustainable commercial outcomes,” Yas Marina Circuit chairman Khaldoon Al Mubarak said.

Al Ameri said he had developed a passion for motorsport since joining the Yas Marina Circut commercial division.

“I have been bitten by the motorsport bug – and that will always be our core business,” he said.

“The Abu Dhabi Grand Prix is an iconic fixture on the F1 calendar and that alone is a truly fantastic achievement for everyone involved.

“The Grand Prix will always be the focus but we must keep driving forward what we do throughout the year – from exciting motorsport racing to bringing even more fantastic events to the circuit.”

Al Ameri said the venue also would continue to vie for non-motorsport events such as hosting the World Economic Forum, which it did in 2011 and 2013.

The circuit attracts about 25,000 people each month for activities including go-karting and track cycling nights to healthy lifestyle programs and special events.

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