Ferrari has cemented the way forward for group principal Fred Vasseur, with the Frenchman signing a multi-year contract extension.
Vasseur joined Ferrari initially of the 2023 season, and final yr the group fell simply 14 factors wanting successful the constructors’ championship after a robust second half to the yr. Including Lewis Hamilton to its line-up this season, Ferrari is once more second within the standings however 268 factors adrift of McLaren and is but to win a race, resulting in some hypothesis over Vasseur’s place earlier within the yr amongst Italian media.
Regardless of the disappointing season thus far towards the backdrop of title hopes, Ferrari CEO Benedetto Vigna says there have been robust foundations put in place that the group needs to construct on beneath Vasseur.
“At present we wish to acknowledge what has been constructed and decide to what nonetheless must be achieved,” Vigna stated. “It displays our belief in Fred’s management – a belief rooted in shared ambition, mutual expectations and clear accountability. We transfer ahead with willpower and focus, united in our pursuit of the extent of efficiency Ferrari has to intention for.”
Vasseur joined Ferrari from Alfa Romeo simply over two years in the past, and says Ferrari has made progress throughout that point however is effectively conscious that the group has extra to make forward of the introduction of recent rules in 2026.
“I’m grateful for the belief Ferrari continues to put in me,” Vasseur stated. “This renewal isn’t just a affirmation – it’s a problem to maintain progressing, to remain targeted, and to ship.
“Over the previous 30 months, we’ve laid robust foundations, and now we should construct on them with consistency and willpower. We all know what’s anticipated, and we’re all totally dedicated to assembly these expectations and taking the subsequent step ahead collectively.”
Vasseur is already the joint-second longest serving group principal on the grid alongside Andrea Stella at McLaren, and behind solely Mercedes boss Toto Wolff.