Motorsport Network, the global motorsports and automotive media company, announced the appointment of renowned industry visionary and innovator Alejandro Agag as a strategic advisor to the Chairman of the board. Agag's role includes providing strategic guidance on global initiatives, commercial transactions, brand positioning, market expansion and corporate development. 

This appointment underscores Motorsport Network's long-term growth strategy to drive commercial innovation and unlock new value across the global racing and media ecosystem, according to the company. 

"Alejandro brings entrepreneurial vision and industry expertise to Motorsport Network," said Gary Fegel, Chairman and controlling shareholder of Motorsport Network. "His unique experience, insights and enthusiasm will be a powerful force as we accelerate our business across media, live experiences and global partnerships."

Agag, a former Spanish politician, is known for creating and scaling innovative racing ventures as the founder and chairman of Formula E, founder and CEO of Extreme E, and founder and chairman of the new E1 Series. Beyond his pioneering work in sustainable motorsport, he has repeatedly transformed new ideas into global sports properties, attracting major brands, investors and audiences worldwide. His expertise spans across commercial rights management, brand storytelling, investor relations, and strategic dealmaking across multiple sectors. "Motorsport Network is perfectly positioned to thrive in this new era of innovation and fandom. I'm excited to help drive the company's next chapter of growth and success," said Agag.

Recent initiatives include the Motorsport Network Global F1 Fan Survey in collaboration with Formula 1, delivering insights into modern fan engagement and emerging audience trends. The company has also launched Autosport Business Exchange (ABX), its flagship leadership series driving strategic dialogue and innovation as investment interest accelerates—with its next iteration slated for October 15 in New York.

Image of Alejandro Agag in the pit-lane during practice ahead of the F1 Grand Prix of Monaco at Circuit de Monaco on May 23, 2025, in Monte-Carlo, Monaco, courtesy of Shutterstock.