Mattia Binotto resigns as Ferrari’s Team Principal

The speculation finally ends as Ferrari announces Mattia Binotto will no longer assume the role of Ferrari Team Principal by the year's end. Binotto joined Ferrari in 1995 as an engine engineer and took his current role in 2019.

Agencies
Speculation regarding Mattia Binotto ends as Ferrari have announced that Binotto will no longer assume the role of Ferrari Team Principal by the year's end. Ferrari used new regulations to their advantage and did much better than the 2020 and 2021 seasons.

Ferrari claimed a one-two result with Carlos Sainz and Charles Leclerc in Bahrain this year. However, even though the pair succeeded in the early season, Ferrari's and Leclerc's title challenges were put to rest due to driver mistakes, strategy mix-ups and unreliability. Red Bull took advantage with their relentlessness.

Ferrari Purosangue: First ever four-door, four-seater car in Ferrari's history
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Ferrari unveiled its first SUV, the $397,000, 12-cylinder Purosangue on September 13.

Ferrari unveiled its first SUV, the $397,000, 12-cylinder Purosangue on September 13.

The Ferrari Purosangue is the first ever four-door, four-seater car in Ferrari's history.

The Ferrari Purosangue is the first ever four-door, four-seater car in Ferrari's history.

Inside, there are four seats and every seat gets its own automatic climate control and electronic adjustability option.

Inside, there are four seats and every seat gets its own automatic climate control and electronic adjustability option.

The car is aimed at super-rich drivers, who are still not ready to go all-electric.

The car is aimed at super-rich drivers, who are still not ready to go all-electric.

The luxury sports car has a top speed of over 310 kph (190 mph).

The luxury sports car has a top speed of over 310 kph (190 mph).

Other key features include new architecture designed to give the car improved balance, independent four-wheel steering and a 6.5 litre, 725 horsepower engine.

Other key features include new architecture designed to give the car improved balance, independent four-wheel steering and a 6.5 litre, 725 horsepower engine.

The car will be one of the most expensive SUVs. Only the Rolls-Royce Cullinan SUV is offered at similar price levels.

The car will be one of the most expensive SUVs. Only the Rolls-Royce Cullinan SUV is offered at similar price levels.

Despite its size and weight, Ferrari says that Purosangue is not an SUV.

Despite its size and weight, Ferrari says that Purosangue is not an SUV.

It will launch in India next year. And as for its price tag, it is expected that you will have to shell out approximately Rs 6 crore.

It will launch in India next year. And as for its price tag, it is expected that you will have to shell out approximately Rs 6 crore.



The road ahead

Ferrari initially denied speculation of structural change, but rumors started doing rounds during Abu Dhabi's finale. On Tuesday, Ferrari announced that Binotto would not be Ferrari Team Principal by the year's end. Ferrari also announced that it is also looking for a new Team Principal, which they expect to finalize by the new year. Binotto said his association with Ferrari came to an end after 28 years. He added he gave his all to achieve the set objectives during his time with Ferrari.

FAQs:

  1. What news did Ferrari announce on Tuesday morning?
    On Tuesday, Ferrari announced that Binotto would not be Ferrari Team Principal by the year's end.
  2. When will Ferrari announce their new Team Principal?
    Ferrari is looking for a new Team Principal, which they expect to finalize by the new year.
  3. How was Ferrari's performance in Bahrain?
    Ferrari claimed a one-two result with Carlos Sainz and Charles Leclerc in Bahrain this year.
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