After weeks of speculation over his future, Ferrari issued a statement on Tuesday confirming that it had accepted Binotto’s decision to leave.
The team said Binotto would remain on board until December 31 and hoped to have a replacement for him finalized in the new year.
Binotto said he regretted having to leave the team but felt it was the best thing for the Maranello team.
“With the regret that this entails, I have decided to conclude my collaboration with Ferrari,” he said.
“I am leaving a company that I love, of which I have been a part for 28 years, with the serenity that comes from the conviction that I have done everything possible to achieve the objectives set.
“I leave a close-knit and growing team. A solid team, ready, I am sure, to achieve the highest goals, to whom I wish the best for the future. I think it is right to take this step at this time as difficult as this decision was for me.
“I would like to thank all the people at Gestione Sportiva who have shared with me this journey, made of difficulties but also of great satisfaction.”
Charles Leclerc, Ferrari F1-75, Carlos Sainz, Ferrari F1-75
Photo by: Andy Hone / Motorsport Images
Binotto’s move comes at the end of a rollercoaster season, where Ferrari has had many ups and downs.
But as the team emerged as Red Bull’s closest challenger, a series of reliability issues and missteps in strategy raised questions about whether or not Ferrari needed a management shake-up. .
Rumors about Binotto’s future surfaced ahead of the season finale in Abu Dhabi, with Alfa Romeo team boss Fred Vasseur a possible replacement.
This speculation, however, was quickly put to rest by the team.
However, on the understanding that Binotto felt he lacked the full backing of Ferrari Chairman John Elkann and CEO Benedetto Vigna after securing second place in the Drivers’ and Constructors’ Championships, he offered his resignation – which has been accepted.
Vigna expressed his thanks for Binotto’s efforts during his decades at Ferrari.
“I would like to thank Mattia for his many tremendous contributions over the 28 years at Ferrari and in particular for bringing the team back to a competitive position over the past year,” he said.
“As a result, we are in a strong position to renew our challenge, above all to our incredible fans around the world, to win the ultimate motorsport prize. Everyone here at the Scuderia and in the wider Ferrari community wishes good luck luck to Mattia for the future.
After weeks of speculation over his future, Ferrari issued a statement on Tuesday confirming that it had accepted Binotto’s decision to leave.
The team said Binotto would remain on board until December 31 and hoped to have a replacement for him finalized in the new year.
Binotto said he regretted having to leave the team but felt it was the best thing for the Maranello team.
“With the regret that this entails, I have decided to conclude my collaboration with Ferrari,” he said.
“I am leaving a company that I love, of which I have been a part for 28 years, with the serenity that comes from the conviction that I have done everything possible to achieve the objectives set.
“I leave a close-knit and growing team. A solid team, ready, I am sure, to achieve the highest goals, to whom I wish the best for the future. I think it is right to take this step at this time as difficult as this decision was for me.
“I would like to thank all the people at Gestione Sportiva who have shared with me this journey, made of difficulties but also of great satisfaction.”
Charles Leclerc, Ferrari F1-75, Carlos Sainz, Ferrari F1-75
Photo by: Andy Hone / Motorsport Images
Binotto’s move comes at the end of a rollercoaster season, where Ferrari has had many ups and downs.
But as the team emerged as Red Bull’s closest challenger, a series of reliability issues and missteps in strategy raised questions about whether or not Ferrari needed a management shake-up. .
Rumors about Binotto’s future surfaced ahead of the season finale in Abu Dhabi, with Alfa Romeo team boss Fred Vasseur a possible replacement.
This speculation, however, was quickly put to rest by the team.
However, on the understanding that Binotto felt he lacked the full backing of Ferrari Chairman John Elkann and CEO Benedetto Vigna after securing second place in the Drivers’ and Constructors’ Championships, he offered his resignation – which has been accepted.
Vigna expressed his thanks for Binotto’s efforts during his decades at Ferrari.
“I would like to thank Mattia for his many tremendous contributions over the 28 years at Ferrari and in particular for bringing the team back to a competitive position over the past year,” he said.
“As a result, we are in a strong position to renew our challenge, above all to our incredible fans around the world, to win the ultimate motorsport prize. Everyone here at the Scuderia and in the wider Ferrari community wishes good luck luck to Mattia for the future.