P1racenews AI automatic summary:
Ferrari boss Fred Vasseur has admitted that he “underestimated” how long it would take to restore the team to a position to win the ultimate prize in F1 again.
Ferrari team principal Fred Vasseur acknowledged underestimating the time needed to return the team to championship contention in Formula 1.
The Italian team’s championship drought since 2008 is expected to extend as McLaren is set to clinch the Constructors’ title.
In the 2024 season, Ferrari narrowly missed ending their championship drought, finishing 15 points behind McLaren.
Despite McLaren’s dominance in the ongoing season, Ferrari lags 337 points behind without a race win and with eight rounds to go.
Vasseur admitted that rebuilding Ferrari has taken longer than expected but believes the team is better positioned now compared to when he took over in 2023.
He emphasized the importance of patience in rebuilding Ferrari and highlighted the challenges in recruiting key personnel due to lengthy lead times in F1.
Vasseur expressed gratitude for the opportunity to lead Ferrari through the upcoming rule changes, as he views it as a three-year project that requires stability in leadership for success.
