Ferrari Confirms Fred Vasseur's Contract Extension To Ensure Stability And Focus

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Ferrari has confirmed Fred Vasseur will continue as team principal, extending his contract until at least 2027. Vasseur, who took the role in 2023, faced scrutiny earlier this year due to Ferrari's disappointing start to the 2025 season. Despite finishing just 14 points behind McLaren last year, Ferrari is now trailing by 268 points. Christian Horner was rumoured to be a potential replacement, but Vasseur remains committed.

Vasseur expressed gratitude for Ferrari's confidence in him, stating, "I'm grateful for the trust Ferrari continues to place in me." He sees the contract renewal as both a confirmation and a challenge to keep improving. Over the past 30 months, he believes they have established strong foundations and aims to build on them with consistency and determination.

The Italian media had speculated about Vasseur's job security due to the team's poor performance early in the season. However, Ferrari CEO Benedetto Vigna emphasised their trust in Vasseur's leadership. "Today we want to recognise what has been built and commit to what still needs to be achieved," said Vigna. The team remains focused on achieving the high performance levels expected of them.

Ferrari recently secured a podium finish at the Belgian Grand Prix with Charles Leclerc taking third place. They are hopeful for an even better outcome at the upcoming Hungarian Grand Prix. The team is determined to improve their standings and meet expectations set for them.

Vasseur acknowledges that while they have laid strong foundations over recent months, there is still much work ahead. He stated that everyone involved is fully committed to meeting expectations and advancing together. The focus remains on building upon their current achievements with consistency and determination.

As Ferrari looks forward, they aim to enhance their performance further under Vasseur's guidance. The team is united in its pursuit of reaching higher levels of success and maintaining its prestigious reputation in motorsport.