Frederic Vasseur, the esteemed Team Principal of Ferrari, has solidified his position by signing a multi-year contract that extends beyond the current season. This strategic move underscores Ferrari's commitment to stability and ambition in the competitive world of Formula 1.

A Commitment to Excellence

Ferrari's CEO, Benedetto Vigna, expressed his confidence in Vasseur's leadership, stating, "We want to recognize what has been built and commit to what still needs to be achieved. This renewal reflects our trust in Fred's leadership—a trust rooted in shared ambition, mutual expectations, and clear responsibility."

Vasseur's Vision for Ferrari

Since joining Ferrari at the start of 2023, Vasseur has been pivotal in steering the team through challenges and successes. His leadership has seen Ferrari emerge as the only team, other than Red Bull, to secure a race win in 2023, thanks to Carlos Sainz's victory in Singapore.

Building on Strong Foundations

Vasseur emphasized the importance of consistency and determination in his renewed role. "Over the past 30 months, we've laid strong foundations, and now we must build on them with consistency and determination. We know what's expected, and we're all fully committed to meeting those expectations and taking the next step forward together."

Looking Ahead to 2025

With the signing of Lewis Hamilton for the 2024 season, Vasseur has further bolstered Ferrari's driver lineup, pairing the seven-time world champion with Charles Leclerc. Despite a challenging 2024 season, Ferrari remains second in the Constructors' Championship, trailing McLaren by 268 points but leading Mercedes by 28 points.

The Road Ahead

As Ferrari aims to reclaim its former glory, Vasseur's leadership will be crucial in navigating the complexities of Formula 1. The team's focus remains on closing the gap to Red Bull and securing both the Constructors' and Drivers' Championships in the coming seasons.