Fred Vasseur has signed a “multi-year” contract extension to proceed as Ferrari’s group principal.
Vasseur’s future had been the topic of intense hypothesis after reviews in Italian media claimed Ferrari had been contemplating sacking the Frenchman.
These reviews had been rubbished by Ferrari and scolded by Vasseur, who will stay in his place for the “coming F1 seasons”.
Ferrari say Vasseur’s “skill to steer beneath stress, embrace innovation, and pursue efficiency aligns absolutely with Ferrari’s values and long-term ambitions.
“Below Fred’s management, Scuderia Ferrari HP is united, centered, and dedicated to steady enchancment.Â
“The belief positioned in him displays the group’s confidence in its strategic path and reinforces a shared dedication to ship the outcomes that Ferrari’s followers, drivers, and group members count on and deserve.”
Vasseur had been backed by each Ferrari drivers Lewis Hamilton and Charles Leclerc when his future appeared unsure.Â
Seven-time world champion Hamilton declared Vasseur “the particular person to take us to the highest” and “the primary purpose I am on this group”.Â
Vasseur mentioned of his new deal: “I’m grateful for the belief Ferrari continues to position in me. This renewal is not only a affirmation — it’s a problem to maintain progressing, to remain centered, and to ship.Â
“Over the previous 30 months, we’ve laid robust foundations, and now we should construct on them with consistency and dedication.Â
“We all know what’s anticipated, and we’re all absolutely dedicated to assembly these expectations and taking the subsequent step ahead collectively.”Â
Ferrari CEO Benedetto Vigna added: “At the moment we wish to acknowledge what has been constructed and decide to what nonetheless must be achieved.Â
“It displays our belief in Fred’s management — a belief rooted in shared ambition, mutual expectations and clear duty. We transfer ahead with dedication and focus, united in our pursuit of the extent of efficiency Ferrari has to goal for.”Â
