Ferrari give Vasseur new multi-year contract

Ferrari have handed their Team Principal Fred Vasseur a multi-year contract, which the team say “reflects Ferrari’s determination to build on the foundation laid so far”.

Vasseur joined the Italian team ahead of the 2023 Formula 1 season and under his watch, the team challenged McLaren for the 2024 Teams’ Championship until the last race before finishing just 14 points behind the champions.

While they trail the McLaren by a mammoth 299 points as we are in the summer break, Ferrari have managed to hold on to P2 in the Teams’ Championship, fending off rivals Mercedes and Red Bull.

One of Vasseur’s key strengths is his ability to shield and protect his team from external factors.
Despite the uncertainty and speculation, he’s managed to do just that with the team keeping their heads down.

The new deal will kelp restore a greater sense of calm among the team and allow them to focus on trying to take advantage of sweeping new chassis and power unit regulations for 2026.
But now that Vasseur’s immediate future has been secured, Ferrari senior management will expect him to lead the team to respond well to those rule changes and challenge for both championships next year.

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