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Ferrari has brought an end to recent speculation about Formula 1 team boss Fred Vasseur’s future by extending his contract
Ferrari has extended Fred Vasseur’s contract, putting an end to recent speculation about his future as the Formula 1 team boss.
Vasseur’s initial deal was set to expire at the end of this year but has now been extended to a multi-year contract, the exact length of which remains undisclosed.
The extension reflects Ferrari’s determination to build upon the progress made under Vasseur’s leadership, emphasizing qualities such as his ability to lead under pressure, embrace innovation, and pursue performance.
Ferrari’s senior management team, led by chairman John Elkann and CEO Benedetto Vigna, voiced their trust in Vasseur’s leadership, shared ambition, and commitment to achieving the level of performance expected from Scuderia Ferrari HP.
Vasseur, despite being displeased by recent rumors, expressed gratitude for Ferrari’s trust and sees the contract renewal as a challenge to keep progressing, delivering results, and meeting expectations with consistency and determination.
