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The Hungarian GP win was Red Bull's 12th straight.
The championship leader beat McLaren's Lando Norris to the first place in Silverstone.
The CBF is still pursuing Real Madrid manager Ancelotti to be its new coach in the long term.
It was the Dutch driver's seventh win of a dominant campaign accelerating him ever closer to a third Formula One crown.
The Dutch 25-year-old led every lap as he took his career tally to 41 wins, stepping up alongside Brazil's late triple champion Ayrton Senna in the record books.
Oramas replaces compatriot Francesc Bonet at the helm, who took over from Richard Towa in late December.
Lewis Hamilton finished second while George Russell also made the podium in Barcelona.
The win was Verstappen's fourth of the season, second in Monaco and 39th of his career.
Helped by a safety car period that fell in his favour after Verstappen had pitted, the Mexican made the most of his good fortune to take a sixth career victory and become the first driver to win the grand prix for a second time.
Sainz was deemed 'wholly to blame' for the first corner collision with Aston Martin's Fernando Alonso, who ended up third, at the final re-start of the triple red-flagged race.