Ferrari have announced that Mattia Binotto will no longer be in the role of Ferrari Team Principal by the year’s end.
Binotto’s departure was rumored for the last few months as Verstappen and Red Bull ran away with the drivers’ and constructors’ championships.
“With the regret that this entails, I have decided to conclude my collaboration with Ferrari,” Binotto said in a statement, adding he felt “serenity” at having done his best.
The team did not immediately name Binotti’s successor but said its choice “is expected to be finalized in the new year.”
Ferrari CEO Benedetto Vigna paid tribute to Binotto “for leading the team back to a position of competitiveness during this past year.
