Ferrari Places Trust in Fred Vasseur's Leadership with New Contract

Ferrari has solidified its faith in Fred Vasseur by awarding the team principal a new multi-year contract, signaling trust in his leadership amidst speculation about his tenure. The announcement, made before the Hungarian Grand Prix, highlights Ferrari's commitment to its future endeavors in Formula 1.

While Ferrari has yet to secure a race victory in 2025, it maintains its position as the second in the constructors' championship behind McLaren. This development follows backing from Lewis Hamilton, who voiced support for Vasseur amid media reports questioning his role.

Ferrari CEO Benedetto Vigna emphasized the ambitious goals shared with Vasseur, reinforcing the collective drive to uplift Ferrari's competitive performance. Having joined in early 2023, Vasseur's previous experience with Hamilton and other Formula 1 teams like Renault and Sauber positions him well for taking on forthcoming challenges and regulatory shifts in 2026.

(With inputs from agencies.)