Mattia Binotto has resigned as Team Principal of Scuderia Ferrari F1 Team.
Binotto’s departure comes after four seasons in charge of Ferrari during which the Scuderia claimed seven wins under his reign, of which five races were won by Charles Leclerc across 2019 & 22 seasons in which Ferrari finished both campaigns in second place in constructor standings.
Various mistakes though had been made throughout Binotto’s time in charge – including a poor Q3 tyre strategy for Leclerc in mixed conditions in Sao Paulo, which has ultimately culminated in his resignation from the role.
Binotto issued a statement addressing his departure in which he stated that he leaves with “regret” after having been involved with the team for 28 years
The 53 year-old proceeded to pay tribute to Ferrari as he added: “I am leaving a company that I love, which I have been part of for 28 years, with the serenity that comes from the convinction that I have made every effort to achieve the objectives set.
“I leave a united and growing team. A strong team, ready, I’m sure, to achieve the highest goals, to which I wish all the best for the future.”
Accepting Binotto’s decision to resign as Team Principal, Ferrari CEO, Benedetto Vigna issued the following statement: “I would like to thank Mattia for his many great contributions over 28 years with Ferrari and particularly for leading the team back to a position of competitiveness during this past year.
“As a result, we are in a strong position to renew our challenge, above all for our amazing fans around the world, to win the ultimate prize in motorsport.
“Everyone here at the Scuderia and in the wider Ferrari community wishes Mattia well for the future.”
Ferrari have confirmed that a process to appoint a new Team Principal has been launched with a final decision unlikely to be taken until early January 2023.