Ferrari F1 boss Fred Vasseur signs new contract despite winless run
Ferrari make team principal announcement ahead of Hungarian GP
- Fred Vasseur, Ferrari's Team Principal, has signed a new multi-year contract to remain in charge of the Formula 1 team.
- This contract extension comes despite Ferrari's ongoing winless run in Formula 1, with their last Grand Prix victory recorded in Mexico City last year.
- Neither Lewis Hamilton nor Charles Leclerc has secured a win for Ferrari in the current campaign, and both drivers have struggled to maximise their car's performance.
- Ferrari expressed strong confidence in Vasseur's leadership, highlighting his ability to lead under pressure, embrace innovation, and pursue performance.
- The team's statement confirmed the multi-year agreement, noting Vasseur's role in laying a solid foundation since joining in early 2023 with the ambition of returning Ferrari to the top.