Latest news with #ScuderiaFerrari
Newsweek
a minute ago
- Automotive
- Newsweek
Ferrari Make Team Principal Contract Announcement Amid Christian Horner Links
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Scuderia Ferrari announced a contract extension for team principal Fred Vasseur as the 2026 season approaches. Reports out of Italy claimed Vasseur would be fired soon and that the team pursued former Red Bull boss Christian Horner as his replacement. Horner allegedly turned down the job, remaining loyal to the Red Bull project, but he ended up getting fired from the energy drink team. Ferrari leadership has now officially squashed the rumors, committing to Vasseur's vision for the future. Scuderia Ferrari team principal Fred Vasseur and Oracle Red Bull Racing Team Principal Christian Horner arrive in the paddock together during qualifying ahead of the F1 Grand Prix of Mexico at Autodromo Hermanos Rodriguez on... Scuderia Ferrari team principal Fred Vasseur and Oracle Red Bull Racing Team Principal Christian Horner arrive in the paddock together during qualifying ahead of the F1 Grand Prix of Mexico at Autodromo Hermanos Rodriguez on October 26, 2024 in Mexico City, Mexico. More Photo by"Today, we want to recognize what has been built and commit to what still needs to be achieved. It reflects our trust in Fred's leadership — a trust rooted in shared ambition, mutual expectations and clear responsibility," Benedetto Vigna, CEO of Ferrari, said in a statement. "We move forward with determination and focus, united in our pursuit of the level of performance Ferrari has to aim for." Under the leadership of Vasseur, Ferrari hasn't produced the fastest car, but the team has reduced its errors and has become a well-oiled machine on the procedural side. Over the past decade, the legendary team was known for tragic blunders regarding decision making and communication. Since joining, Vasseur has shifted the culture to reduce pressure on the staff. "I'm grateful for the trust Ferrari continues to place in me. This renewal is not just a confirmation - it's a challenge to keep progressing, to stay focused, and to deliver. "Over the past 30 months, we've laid strong foundations, and now we must build on them with consistency and determination," Vassuer said. "We know what's expected, and we're all fully committed to meeting those expectations and taking the next step forward together." Ferrari faced intense expectations heading into the season, especially after the arrival of seven-time champion Lewis Hamilton. This season hasn't gone as expected, but the 2026 regulations should shake up the grid and Ferrari, who design their power unit, are in a strong spot. Before coming to the Scuderia, Vasseur was a team principal at Sauber, where he helped develop current Ferrari starlet Charles Leclerc. With no prior connections to the Italian team, he was an outside hire. He was known for being a leader who could handle the team's driver dynamics well and kept things light rather than stressful consistently. His new contract gives him an entire regulation cycle to assert himself and deliver Ferrari back to the promised land. For more F1 news, head on over to Newsweek Sports.
Yahoo
33 minutes ago
- Automotive
- Yahoo
Fred Vasseur Continues With Scuderia Ferrari hp
Maranello (Italy), July 31, 2025 - Ferrari N.V. ('Ferrari') (NYSE/EXM: RACE) announced today that Ferrari S.p.A. has extended, with a multiple-year contract, its agreement with Fred Vasseur, who will continue as Team Principal of Scuderia Ferrari HP for the coming Formula 1 seasons. Fred joined the Scuderia at the beginning of 2023, bringing with him extensive motorsport experience and a proven ability to develop talent and build competitive teams across all levels of racing. Since then, he has laid a solid foundation with the ambition of returning Ferrari to the top of Formula 1. Renewing Fred's contract reflects our determination to build on the foundations laid so far. His ability to lead under pressure, embrace innovation, and pursue performance aligns fully with Ferrari's values and long-term ambitions. Under Fred's leadership, Scuderia Ferrari HP is united, focused, and committed to continuous improvement. The trust placed in him reflects the team's confidence in its strategic direction and reinforces a shared determination to deliver the results that Ferrari's fans, drivers, and team members expect and deserve. Benedetto Vigna, CEO Ferrari:'Today we want to recognize what has been built and commit to what still needs to be achieved. It reflects our trust in Fred's leadership — a trust rooted in shared ambition, mutual expectations and clear responsibility. We move forward with determination and focus, united in our pursuit of the level of performance Ferrari has to aim for.' Fred Vasseur, Team Principal Scuderia Ferrari HP:'I'm grateful for the trust Ferrari continues to place in me. This renewal is not just a confirmation — it's a challenge to keep progressing, to stay focused, and to deliver. 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.' Attachment PR_Renewal_Jul31st_ENGError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Independent
an hour ago
- Automotive
- The Independent
Ferrari team principal Fred Vasseur signs new multi-year contract
Lewis Hamilton's Ferrari boss, Fred Vasseur, has signed a new multi-year deal with the Italian Formula One team. Vasseur's position has been under scrutiny this season with Ferrari yet to land a single win outside of Hamilton's sprint victory in China in March. Former Red Bull team principal Christian Horner has even been linked with the job since he was ousted earlier this month. However, in a statement released ahead of this weekend's Hungarian Grand Prix – the concluding round before the summer break – Ferrari said in a statement: 'Scuderia Ferrari HP is pleased to announce that it has extended, with a multiple-year contract, its agreement with Fred Vasseur, who will continue as team principal for the coming Formula One seasons. 'Fred joined the Scuderia at the beginning of 2023, bringing with him extensive motorsport experience and a proven ability to develop talent and build competitive teams across all levels of racing. Since then, he has laid a solid foundation with the ambition of returning Ferrari to the top of Formula One. 'Renewing Fred's contract reflects Ferrari's determination to build on the foundations laid so far. His ability to lead under pressure, embrace innovation, and pursue performance aligns fully with Ferrari's values and long-term ambitions. 'Under Fred's leadership, Scuderia Ferrari HP is united, focused, and committed to continuous improvement. The trust placed in him reflects the team's confidence in its strategic direction and reinforces a shared determination to deliver the results that Ferrari's fans, drivers, and team members expect and deserve.' Since his transfer from Mercedes, Hamilton has not landed a grand prix podium in Ferrari colours – a streak of 13 races – the deepest into the season he has ever gone without a top-three finish. He is sixth in the standings, 157 points off the championship pace and 30 points behind team-mate Charles Leclerc. Ferrari are second in the constructors' standings. Hamilton said at last week's round in Belgium that he had staged meetings with all of Ferrari's key figures – including chairman John Elkann, CEO Benedetto Vigna and Vasseur – and submitted two documents outlining his vision as to why the Italian giants are not up to speed. Ferrari's last world drivers' title came in 2007, with their most recent constructors' crown the following year. 'Today we want to recognise what has been built and commit to what still needs to be achieved,' said Vigna. 'It reflects our trust in Fred's leadership — a trust rooted in shared ambition, mutual expectations and clear responsibility. 'We move forward with determination and focus, united in our pursuit of the level of performance Ferrari has to aim for.' Frenchman Vassuer continued: 'I'm grateful for the trust Ferrari continues to place in me. This renewal is not just a confirmation — it's a challenge to keep progressing, to stay focused, and to deliver. '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.'
Yahoo
an hour ago
- Automotive
- Yahoo
Ferrari team principal Fred Vasseur signs new multi-year contract
Lewis Hamilton's Ferrari boss, Fred Vasseur, has signed a new multi-year deal with the Italian Formula One team. Vasseur's position has been under scrutiny this season with Ferrari yet to land a single win outside of Hamilton's sprint victory in China in March. Former Red Bull team principal Christian Horner has even been linked with the job since he was ousted earlier this month. However, in a statement released ahead of this weekend's Hungarian Grand Prix – the concluding round before the summer break – Ferrari said in a statement: 'Scuderia Ferrari HP is pleased to announce that it has extended, with a multiple-year contract, its agreement with Fred Vasseur, who will continue as team principal for the coming Formula One seasons. 'Fred joined the Scuderia at the beginning of 2023, bringing with him extensive motorsport experience and a proven ability to develop talent and build competitive teams across all levels of racing. Since then, he has laid a solid foundation with the ambition of returning Ferrari to the top of Formula One. 'Renewing Fred's contract reflects Ferrari's determination to build on the foundations laid so far. His ability to lead under pressure, embrace innovation, and pursue performance aligns fully with Ferrari's values and long-term ambitions. 'Under Fred's leadership, Scuderia Ferrari HP is united, focused, and committed to continuous improvement. The trust placed in him reflects the team's confidence in its strategic direction and reinforces a shared determination to deliver the results that Ferrari's fans, drivers, and team members expect and deserve.' Since his transfer from Mercedes, Hamilton has not landed a grand prix podium in Ferrari colours – a streak of 13 races – the deepest into the season he has ever gone without a top-three finish. He is sixth in the standings, 157 points off the championship pace and 30 points behind team-mate Charles Leclerc. Ferrari are second in the constructors' standings. Hamilton said at last week's round in Belgium that he had staged meetings with all of Ferrari's key figures – including chairman John Elkann, CEO Benedetto Vigna and Vasseur – and submitted two documents outlining his vision as to why the Italian giants are not up to speed. Ferrari's last world drivers' title came in 2007, with their most recent constructors' crown the following year. 'Today we want to recognise what has been built and commit to what still needs to be achieved,' said Vigna. 'It reflects our trust in Fred's leadership — a trust rooted in shared ambition, mutual expectations and clear responsibility. 'We move forward with determination and focus, united in our pursuit of the level of performance Ferrari has to aim for.' Frenchman Vassuer continued: 'I'm grateful for the trust Ferrari continues to place in me. This renewal is not just a confirmation — it's a challenge to keep progressing, to stay focused, and to deliver. '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.'
Yahoo
2 hours ago
- Automotive
- Yahoo
Fred Vasseur Continues With Scuderia Ferrari hp
Maranello (Italy), July 31, 2025 - Ferrari N.V. ('Ferrari') (NYSE/EXM: RACE) announced today that Ferrari S.p.A. has extended, with a multiple-year contract, its agreement with Fred Vasseur, who will continue as Team Principal of Scuderia Ferrari HP for the coming Formula 1 seasons. Fred joined the Scuderia at the beginning of 2023, bringing with him extensive motorsport experience and a proven ability to develop talent and build competitive teams across all levels of racing. Since then, he has laid a solid foundation with the ambition of returning Ferrari to the top of Formula 1. Renewing Fred's contract reflects our determination to build on the foundations laid so far. His ability to lead under pressure, embrace innovation, and pursue performance aligns fully with Ferrari's values and long-term ambitions. Under Fred's leadership, Scuderia Ferrari HP is united, focused, and committed to continuous improvement. The trust placed in him reflects the team's confidence in its strategic direction and reinforces a shared determination to deliver the results that Ferrari's fans, drivers, and team members expect and deserve. Benedetto Vigna, CEO Ferrari:'Today we want to recognize what has been built and commit to what still needs to be achieved. It reflects our trust in Fred's leadership — a trust rooted in shared ambition, mutual expectations and clear responsibility. We move forward with determination and focus, united in our pursuit of the level of performance Ferrari has to aim for.' Fred Vasseur, Team Principal Scuderia Ferrari HP:'I'm grateful for the trust Ferrari continues to place in me. This renewal is not just a confirmation — it's a challenge to keep progressing, to stay focused, and to deliver. 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.' Attachment PR_Renewal_Jul31st_ENGError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
