The Paramount suite was tucked in between the chairman's suite and the Kick Sauber F1 team's suite, right above pit lane.
Villani has been working as co-leader alongside Beverley McGarvey.
Pluto TV is launching in Australia on August 31
"It is important we continue to maintain and strategically grow our linear footprint"
Villani will commence as Chief Operating and Commercial Officer in early 2021.