- July 31, 2025
Ferrari Boss Fred Vasseur Handed Multi-Year Contract Extension
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The Italian manufacturer looks to build on the foundation laid by the Frenchman since his arrival in the year 2023 from Sauber during a testing phase for the Prancing Horse.
Fred Vasseur. (X)
Formula One outfit Scuderia Ferrari announced a multi-year contract extension for Team Principal Fred Vasseur on Thursday.
The Italian manufacturer looks to build on the foundation laid by the Frenchman since his arrival in the year 2023 from Sauber during a testing phase for the Prancing Horse.
“I’m grateful for the trust Ferrari continues to place in me. This renewal is not just a confirmation – it’s a challenge to keep progressing, to stay focused and to deliver,” Vasseur said following the contract extension.
“Over the past 30 months, we’ve laid strong foundations and now we must build on them with consistency and determination. We know what’s expected, and we’re all fully committed to meeting those expectations and taking the next step forward together,” the 57-year-old added.
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“His ability to lead under pressure, embrace innovation and pursue performance aligns fully with Ferrari’s values and long-term ambitions,” Ferrari said in a statement.
“Under Fred’s leadership, Ferrari is united, focused and committed to continuous improvement. The trust placed in him reflects the team’s confidence in its strategic direction and reinforces a shared determination to deliver the results that Ferrari’s fans, drivers and team members expect and deserve,” the side added.
“Today we want to recognize what has been built and commit to what still needs to be achieved. It reflects our trust in Fred’s leadership – trust rooted in shared ambition, mutual expectations and clear responsibility,” Ferrari CEO Benedetto Vigna averred.
“We move forward with determination and focus, united in our pursuit of the level of performance Ferrari has to aim for,” he added.
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On the eve of the Hungarian Grand Prix weekend, Ferrari confirmed a new deal, putting an end to recent speculation about Vasseur’s future. In June, reports in the Italian media had suggested he was at risk of losing his job, claims that deeply frustrated the 57-year-old. He dismissed the rumours at the time, calling them disrespectful and clearly hurting the team.
Under his leadership, Ferrari narrowly missed out to McLaren in the 2023 Teams’ Championship, finishing just 14 points behind the title winners. Although the gap has widened this season—Ferrari trails McLaren by a significant 268 points heading into the summer break—the team remains second in the standings, ahead of Mercedes and Red Bull.
Ferrari has secured two podium finishes in the last three races, both through Charles Leclerc, while Lewis Hamilton, in his debut season with the Scuderia, is steadily gaining confidence.
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