The iconic red team of Formula 1, Ferrari, is reinforcing its leadership by extending its collaboration with Fred Vasseur, who took over as Team Principal at the start of the 2023 season. This move reflects Ferrari’s continued confidence in Vasseur’s leadership and its long-term ambitions to return to championship contention.
Since joining Ferrari, Vasseur has brought not only his extensive motorsport experience but also a proven ability to build competitive teams. Under his guidance, Ferrari has begun to establish a stable, performance-oriented structure. The new contract signals a strategic commitment to building upon these solid foundations.
Ferrari CEO Benedetto Vigna emphasized the trust placed in Vasseur, stating: “Today we are acknowledging the strong foundation we’ve built and reaffirming our commitment to the goals ahead. This decision reflects our belief in Fred’s leadership.”
In response, Vasseur expressed his appreciation while framing the renewal as a challenge rather than a reward: “I am grateful for Ferrari’s trust. This isn’t merely confirmation—it’s a challenge. We know the expectations and will continue working together to meet them.”
This renewal marks an important step in Ferrari’s long-term strategy to regain its dominance in Formula 1 and establish sustainable success under consistent leadership.