Ferrari Formula One chief Fred Vasseur has signed a new, multi-year contract extension with the team, putting an end to speculation about his future. Vasseur, 57, took charge of Ferrari at the start of the 2023 season, having previously led Sauber’s F1 team.

Frederic Vasseur has signed a new contract to continue as Ferrari team principal beyond the end of this year. The 57-year-old Frenchman's deal was due to run out at the end of 2025, but he has agreed what the team have called a "multi-year contract for the coming Formula 1 seasons".

Ferrari Team Principal, Fred Vasseur, has signed a new long-term contract to remain in charge of the team despite an ongoing winless run in Formula 1 this season.