Chase Carey

Chase Carey
Fotóshírek szerkesztőség · CC0 · source
Name	Chase Carey
Birth date	2 February 1953
Birth place	Norwalk, Connecticut, United States
Alma mater	Bowdoin College; Columbia Business School
Occupation	Executive; media executive; sports administrator
Years active	1970s–present
Known for	Chief Executive Officer of News Corporation; Executive Chairman of Formula One Group
Spouse	Madeleine Carey

Chase Carey is an American media executive and sports administrator notable for executive roles at News Corporation, 21st Century Fox, and the Formula One Group. He served as CEO and President of News Corporation during the 1990s and 2000s, later becoming Executive Chairman of Formula One Group following its acquisition by Liberty Media. Carey is recognized for negotiating major broadcasting deals, leading corporate restructurings, and overseeing commercial expansion in international motorsport.

Early life and education

Carey was born in Norwalk, Connecticut, and raised in a family engaged in business and local civic life. He attended Bowdoin College, where he studied liberal arts and participated in campus organizations that connected him with networks in finance and media. Carey later earned an MBA from Columbia Business School, linking him to alumni from Goldman Sachs, Morgan Stanley, and other Wall Street institutions influential in late 20th-century media consolidation. Early exposure to regional business leaders and northeastern academic networks shaped his approach to corporate strategy and dealmaking.

Business career

Carey began his business career in the 1970s in financial services and telecommunications, holding roles that connected him to executives at AT&T, American Express, and NBCUniversal. He moved into executive positions at Fox Broadcasting Company and related entities, joining the corporate family of News Corporation under chairman Rupert Murdoch. As President and Chief Operating Officer of News Corporation, Carey negotiated content and distribution agreements with broadcasters such as Sky plc, BSkyB, and cable operators including Comcast and Time Warner Cable. He played an instrumental role in acquisition talks and strategic moves involving HarperCollins, MySpace, and satellite ventures with DirecTV. During his tenure, Carey worked closely with executives from Disney, ViacomCBS, and Sony Pictures Entertainment on carriage and licensing arrangements that reshaped international television markets.

After leaving News Corporation in the mid-2000s, Carey served on corporate boards including General Motors and took advisory roles with private equity firms such as Apollo Global Management and Carlyle Group. He also partnered with entrepreneurs and investors linked to Silicon Valley startups and digital media initiatives that intersected with platforms run by Google, Facebook, and Apple. Carey’s board service connected him to nonprofit institutions like Columbia University and cultural organizations such as the Museum of Modern Art through governance and fundraising efforts.

Formula One and Liberty Media

In the 2010s Carey became central to the commercial transformation of Formula One. After CVC Capital Partners-era ownership and subsequent interest from potential buyers including Waddell & Reed and consortiums tied to Bahrain Investment Authority, Liberty Media—led by investor John C. Malone—acquired Formula One Group. Carey was appointed Executive Chairman and later Chairman and CEO of the Group, working with commercial leaders from FIA-sanctioned motorsport and circuits like Silverstone Circuit and Monza Circuit. He negotiated global media rights deals with broadcasters including Sky Sports, ESPN, NBC Sports, and digital platform partners such as DAZN and streaming services connected to Amazon Prime Video.

Under Carey’s oversight, Formula One expanded race calendars to include events in United States Grand Prix, Azerbaijan Grand Prix, and new venues backed by sovereign wealth funds and private promoters, collaborating with city governments and investors from Saudi Arabia, Singapore, and the United Arab Emirates. Carey worked alongside technical and regulatory figures from the FIA and promoters like Liberty Media executives to modernize the commercial framework, enhance sponsorship relationships with companies like Heineken, Petronas, and Pirelli, and amplify the sport’s digital footprint through partnerships with social platforms and rights holders.

Leadership and management style

Carey’s leadership combined deal-oriented negotiation skills with a strategic focus on global rights monetization, drawing on precedents set by media dealmakers at NBC Universal and boardroom strategies familiar to Bertelsmann and Vivendi. He emphasized centralized commercial control while delegating operational responsibilities to executives with expertise in broadcasting, event promotion, and sponsorship activation. Colleagues likened his approach to that of veteran executives from News Corporation and Time Warner: pragmatic, risk-aware, and geared toward long-term monetization of intellectual property and live events. Carey cultivated relationships with financiers at Goldman Sachs and JP Morgan Chase to structure acquisitions and refinancing, and he worked with legal teams experienced in international rights agreements and compliance with regulatory bodies like the European Commission and national competition authorities.

Personal life and philanthropy

Carey is married to Madeleine Carey, and they have four children. He has been active in philanthropic activities supporting educational and cultural institutions, engaging with organizations such as Bowdoin College for alumni giving, and supporting arts and healthcare foundations connected to metropolitan centers like New York City and Boston. His charitable involvement has included donations and governance participation at academic and cultural institutions, aligning with donors and trustees from networks affiliated with Ivy League universities and major museums. Carey’s civic engagements have often intersected with fundraising efforts led by business leaders from Wall Street and executives in global media and sports.

Category:American business executives Category:Formula One people Category:Bowdoin College alumni Category:Columbia Business School alumni