Ferrari has renewed its contract with Formula 1 team boss Fred Vasseur, ending speculation about the Frenchman's future. Vasseur joined from Sauber ahead of the 2023 season replacing Mattia Binotto and implemented a raft of behind-the-scenes changes to return the Prancing Horse to the top of F1.

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.

Ferrari handed team principal Fred Vasseur a new contract on Thursday in a sign of “trust in Fred’s leadership” following speculation about his future.