Ferrari Team Principal Vasseur Signs New Contract

Frederic Vasseur has signed a caller statement to proceed arsenic Ferrari squad main beyond nan extremity of this year.

The 57-year-old Frenchman's woody was owed to tally retired astatine nan extremity of 2025, but he has agreed what nan squad person called a "multi-year statement for nan coming Formula 1 seasons".

Vasseur joined nan squad astatine nan commencement of 2023 connected what was past a three-year deal.

Ferrari main executive serviceman Benedetto Vigna said: "We want to recognise what has been built and perpetrate to what still needs to beryllium achieved.

"It reflects our spot successful Fred's activity - a spot rooted successful shared ambition, communal expectations and clear responsibility.

"We move guardant pinch determination and focus, agreed successful our pursuit of nan level of capacity Ferrari has to purpose for."

Vasseur said: "I'm grateful for nan spot Ferrari continues to spot successful me. This renewal is not conscionable a confirmation - it's a situation to support progressing, to enactment focused, and to deliver.

"Over nan past 30 months we've laid beardown foundations, and now we must build connected them pinch consistency and determination.

"We cognize what's expected, and we're each afloat committed to gathering those expectations and taking nan adjacent measurement guardant together."

The move constitutes an look of religion successful Vasseur's activity aft nan first hitch this twelvemonth successful advancement nether him.

Vasseur was appointed aft Ferrari removed his predecessor Mattia Binotto, pursuing a 2022 play which nan squad started arsenic nan fastest connected nan grid but saw their title situation illness done mediocre reliability, stuttering car improvement compared to rivals Red Bull and operational failings.

Bequeathed a difficult car astatine nan commencement of 2023, Vasseur led a turnaround to nan constituent that Ferrari were nan only squad to triumph a title different than Red Bull that season, pinch Carlos Sainz successful Singapore.

Last year, aft a slow start, they came connected beardown successful nan 2nd portion of nan play and narrowly missed retired connected beating McLaren to nan constructors' title.

It was McLaren's first specified triumph since 1998; it would person been Ferrari's since 2008.

Vasseur was besides instrumental successful Ferrari signing seven-time world champion Lewis Hamilton complete nan wintertime of 2023-24 to subordinate Charles Leclerc successful their driver line-up starting from this season.

However, expecting to advancement and conflict for some titles successful 2025, Ferrari person struggled this season.

Hamilton won nan sprint title successful China, nan 2nd title of nan season, from rod position, but has scored nary expansive prix podium positions.

Leclerc has five, his champion consequence a 2nd spot successful Monaco.

Ferrari are 2nd successful nan constructors' championship, 268 points down McLaren and 28 up of Mercedes successful third.

Leclerc and Hamilton are 5th and sixth successful nan drivers' championship, down nan starring drivers for nan Red Bull and Mercedes teams, Max Verstappen and George Russell, some of whom person won astatine slightest 1 race.