Maranello (Italy), Nov 29: Ferrari has announced that Mattia Binotto will leave his position as Team Principal at the end of the year, the Formula 1 team said in a statement on Tuesday.
Binotto joined the team as an engine engineer back in 1995 and took on his current role ahead of the 2019 campaign. After the challenging 2020 and 2021 seasons, Ferrari exploited the arrival of F1’s all-new regulations to emerge as a front-running force.
Initial reports of a structural change in the Italian media were denied by Ferrari, but Scuderia released a statement on Tuesday to confirm that Binotto had resigned.
The CEO of Ferrari, Benedetto Vigna said, “I would like to thank Mattia for his many great contributions over 28 years with Ferrari and particularly for leading the team back to a position of competitiveness during this past year. As a result, we are in a strong position to renew our challenge, above all for our amazing fans around the world, to win the ultimate prize in motorsport. Everyone here at the Scuderia and in the wider Ferrari community wishes Mattia well for the future.” (IANS)
