after 28 years in which he held various positions and gradually became a significant figure within the team of Ferrarithe Italian team announced that Mattia Binotto, director of the Formula 1 team, will not continue after December 31st.
He assumed that role in 2019, had previously been Technical Director since 2016 and lived within the successes of the ‘Prancing Horse’ of the turn of the century, but is now saying goodbye, after days of speculation about an imminent break due to the president’s distrust in the towards the company, John Elkann.
“Ferrari announces that it has accepted the resignation of Mattia Binotto, who will leave his position as Team Principal of the Ferrari team on 31 December”says the press release published on the official website which was disseminated through social networks.
In turn, the CEO Benedict Vite left a few words to say goodbye: “I would like to thank him for his many excellent contributions during his 28 years with Ferrari and, in particular, for leading the team to be competitive over the last year. As a result, we are in a strong position to renew our challenge, particularly to our incredible fans around the world, to win the ultimate prize in motorsport.”
“Everyone here in the team and in the Ferrari community at large wishes Mattia the best for the future.”concluded the Italian physicist and entrepreneur.
The statement also includes statements from Binotto himself. “With the regret that this entails, I have decided to terminate my collaboration with Ferrari. I’m leaving a company that I love, which I’ve been part of for 28 years, with the serenity that comes from the belief that I have done everything possible to achieve the objectives set”he expressed.
“I leave a united and growing team. A strong and prepared team, I’m sure, to achieve the highest goals. I wish them the best for the future. I think it’s right to take this step right now, however difficult this decision was for me.”He added.
The relationship between Binotto and Ferrari had been totally broken for days, but the announcement was delayed because both parties were negotiating the clauses to end their contractual union which is concluded by mutual agreement.
Rumors of a possible exit increased towards the end of the season just concluded with the Abu Dhabi Grand Prix, when he declared he was “too tired to continue”, andat there is a noun that sounds to replace it. It is that of the French Frederic Vasseurcurrent Alfa Romeo team manager, who arrived at Ferrari as an intern in 1995.
Source: Clarin
Jason Root is the go-to source for sports coverage at News Rebeat. With a passion for athletics and an in-depth knowledge of the latest sports trends, Jason provides comprehensive and engaging analysis of the world of sports.