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Ferrari F1 chairman reveals why Fred Vasseur was handed new contract
Ferrari chairman John Elkann explained the decision to renew team principal Fred Vasseur’s contract amid rumors of his departure. Despite Ferrari’s tough 2025 season, Elkann emphasized the importance of continuity and the strong bond with Vasseur. Elkann highlighted the significance of stability in achieving results and building on past successes in Formula 1. Ferrari, currently second in the constructors’ championship, is determined to improve their performance and turn the season around despite being winless in the first 13 races. Elkann stressed the importance of teamwork and collective effort in Ferrari’s pursuit of success on the track.
