Ferrari has officially announced the long-anticipated resignation of team principal Mattia Binotto, who will leave his role at the end of the year. Though the team secured second place in this year’s F1 constructors’ championship, it would seem this was not enough for Ferrari’s management.
Binotto, who has worked at Ferrari for nearly three decades, stepped up to the team principal role following Maurizio Arrivabene’s sacking in 2019, having previously held the role of CTO, before which he headed up power unit development (after Luca Marmorini’s departure in 2014).
In a brief statement, Binotto said. “With the regret that this entails, I have decided to conclude my collaboration with Ferrari. I am leaving a company that I love, which I have been part of for 28 years, with the serenity that comes from the conviction that I have made every effort to achieve the objectives set. I leave a united and growing team. A strong team, ready, I’m sure, to achieve the highest goals, to which I wish all the best for the future. I think it is right to take this step at this time as hard as this decision has been for me. I would like to thank all the people at the Gestione Sportiva who have shared this journey with me, made up of difficulties but also of great satisfaction.”
Ferrari CEO Benedetto Vigna, who joined the company last year having previously worked for electronics specialist STMicroelectronics, commented, “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…… Everyone here at the Scuderia and in the wider Ferrari community wishes Mattia well for the future.”
Ferrari has yet to announce Binotto’s replacement.
