Ferrari has officially announced that team principal Frederic Vasseur has signed a new multi-year contract. Speculations surrounding Vasseur’s future had been circulating due to reports from certain Italian media outlets suggesting a potential leadership change within the Ferrari Formula 1 team.
Following a successful 2024 season where Ferrari finished as runners-up to McLaren, hopes were high for continued success this year. However, McLaren has emerged as the dominant team on the grid, overshadowing Ferrari and their competitors, despite the addition of seven-time World champion Lewis Hamilton to the Ferrari lineup.
While Hamilton has faced challenges adapting to his new car, driver Charles Leclerc has showcased impressive performances despite limitations with his vehicle. Despite the setbacks, Leclerc has managed to achieve five podium finishes this year, exceeding expectations given the car’s constraints.
Amid speculations in the Italian press regarding Vasseur’s position, Ferrari has put an end to uncertainties by extending his contract. The announcement was made ahead of the Hungarian Grand Prix, with Ferrari’s CEO Benedetto Vigna expressing confidence in Vasseur’s leadership and emphasizing the shared ambitions and responsibilities within the team.
Vasseur, appreciative of Ferrari’s continued trust, sees the contract renewal as both a confirmation and a challenge to maintain progress and focus on delivering results. The move has been welcomed by Ferrari drivers, including Hamilton, who expressed their support for Vasseur and his role within the team.
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