Fred Vasseur has signed a new, multi-year contract extension with Ferrari, putting an end to speculation about his future as team principal.

The 57-year-old took charge at the start of the 2023 season, having previously led Sauber’s F1 team.

He was instrumental in the signing of Lewis Hamilton from Ferrari, but has faced scrutiny from sections of the Italian media in recent months after the team struggled to maintain its good form from the end of last year — narrowly missing out on a first F1 constructors’ championship in 16 years.

On confirmation of the news, Vasseur said:

💬 “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. 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.”

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Ferrari F1 team principal Fred Vasseur signs multi-year contract extension