Does Mattia Binotto still work for Ferrari?
Mattia Binotto left his position as Ferrari team principal following the disappointing end to the 2022 campaign; he will now return to Formula 1 to head up the Audi project following its takeover of Sauber. After 28 years with Ferrari, and an 18- month break, Mattia Binotto returns to the F1 paddock with the Audi project 👉 f1. Binotto_Back.Binotto has proven over the years that he is good at what he is good at and that is the technical side of F1. He has now suffered the consequences of bringing Ferrari to the front once again, but not quite reaping the ultimate reward.Mattia Binotto has resigned as the boss of Ferrari’s Formula One team after its disappointing season. Ferrari came into 2022 as strong favourites for the championship and won two of the opening three races, but their challenge soon faded.Cameras captured Binotto waving his finger in Leclerc’s face in parc ferme shortly after the race in what became the defining image of Ferrari’s faltering title challenge. Speaking via his Twitch stream, Windsor has claimed that was the moment Binotto began to lose his grip on the role of team principal.Mattia Binotto left Ferrari because finishing second is not enough for the Italian team, according to F1 chief and former Ferrari boss Stefano Domenicali.
Who replaced Binotto at Ferrari?
Ferrari have appointed Fred Vasseur as Team Principal, with the Alfa Romeo boss and Sauber Motorsport CEO replacing Mattia Binotto from January 2023. Maurizio Arrivabene (born 7 March 1957) is an Italian manager and sports director. Arrivabene was team principal of Formula One team Scuderia Ferrari. He was appointed team principal in November 2014, replacing Marco Mattiacci, and was replaced by Mattia Binotto in January 2019.Mattia Binotto departed Ferrari at the end of the 2022 season but the Italian has now secured a new position.Mattia Binotto (born 3 November 1969) is a Swiss-Italian motorsport engineer. Formerly the team principal of Scuderia Ferrari in Formula One from 2019 to 2022, he has been the chief operating officer (COO) and chief technical officer (CTO) of Sauber Motorsport since 1 August 2024.Stefano Domenicali. Stefano Domenicali (born 11 May 1965) is an Italian motorsport executive and the current CEO of Formula One Group since 2021.Sanderson has been working on the Drive to Survive project since Season 4; one of the reasons he joined was that they needed an Italian-speaking director as Swiss-Italian Mattia Binotto was then Ferrari’s team principal and, even to this day, the team often speaks Italian.
Why was Binotto let go?
It is understood that Binotto’s resignation resulted from a rapidly deteriorating relationship with his superiors, as Ferrari’s upper management grew frustrated with the team’s on-track difficulties. After Audi had already chosen the Swiss Sauber race team – one of the most experienced teams in Formula 1 with around 30 years of competitive experience – as a strategic partner for the project in 2022, it was decided in March 2024 that Audi would completely take over the Sauber Group.He left Ferrari after 27 years on 31 December 2022. In 2023, Binotto worked as a consultant for TEXA (Tecnologie Elettroniche X Automotive) in Treviso. On 1 August 2024, Binotto was announced as the replacement for Andreas Seidl and Oliver Hoffman as Chief Operating and Technical Officer of Sauber Motorsport.Audi is taking over the Sauber F1 team before joining the Formula 1 grid in 2026. But with 18 months to go, it’s changed its leader, replacing Andreas Seidl with former Ferrari boss Mattia Binotto. Where does that leave the ambitious project?Though he helped the team he was let go due to strategic errors that continuously cost the team points, among other reasons. Binotto has now obtained a job at Italian company Texa, which specializes in auto diagnostics, as managing director of their E-Powertrain division.
Who is the new Ferrari principal?
Frédéric Jean Henri Vasseur (born 28 May 1968) is a French motorsport executive, businessman and engineer. Since 2023, Vasseur has served as team principal of Ferrari in Formula One; he previously served as team prinicipal of Renault, Sauber and Alfa Romeo. His career path led him to Ferrari in 1995, where he started as an engine engineer in the Scuderia Ferrari test team. Following initial roles in the racing team, he took over the position of Chief Engineer in 2007 and became Head of Engines in 2014. He was promoted to Technical Director of Ferrari in 2016.Maurizio Arrivabene (born 7 March 1957) is an Italian manager and sports director. Arrivabene was team principal of Formula One team Scuderia Ferrari. He was appointed team principal in November 2014, replacing Marco Mattiacci, and was replaced by Mattia Binotto in January 2019.Mattia Binotto of Scuderia Ferrari has played a vital role in the racing team’s development over the past 28 years. However, it’s been confirmed that Mattia Binotto has retired from the Ferrari racing team as of December 31st for the 2022 season.
Where will Mattia Binotto go?
Mattia Binotto is coming back to the Formula One world. Audi announced the former Ferrari team principal will join the company’s F1 project in August, serving as the chief operating and chief technical officer at Sauber Motorsport AG ahead of its 2026 debut. German car manufacturer Audi is contracted to compete as a Formula One team and power unit manufacturer beginning with the 2026 season. Audi F1 Team will be formed through the acquisition of Sauber, with engines developed by Audi Formula Racing GmbH.On 1 August 2024, Binotto was announced as the replacement for Andreas Seidl and Oliver Hoffman as Chief Operating and Technical Officer of Sauber Motorsport. Binotto is set to remain with the team as it becomes Audi’s Formula One Team.One of the most promising talents for the future will represent the four rings in the pinnacle of motorsport: Brazilian Gabriel Bortoleto (20) will drive alongside German Nico Hülkenberg (37) for Stake F1 Team Kick Sauber next year, which will transform into the Audi F1 factory team in 2026.
Where does Binotto work now?
Though he helped the team he was let go due to strategic errors that continuously cost the team points, among other reasons. Binotto has now obtained a job at Italian company Texa, which specializes in auto diagnostics, as managing director of their E-Powertrain division. While the Italian team ultimately did not have the pace to compete with Red Bull, the combination of reliability issues and repeated strategy errors saw Binotto come under pressure, with rumours surfacing ahead of the season finale in Abu Dhabi that he would be dismissed.
Who is the richest team principal in F1?
Toto Wolff is the richest F1 team principal on the 2025 grid. In April 2023, Forbes listed the Mercedes CEO and team principal as having become a billionaire, making it onto the official Sports Billionaires list for the first time. Toto Wolff net worth – $1. Prominent American business magazine Forbes listed Mercedes CEO and team principal Wolff as having hit the landmark of becoming a billionaire in April 2023, making it onto the official list of Forbes Sports Billionaires for the first time.F1’s top five billionaires: Carlos Slim Helu – £81. Mark Mateschitz – £30. Piero Ferrari – £6. Lawrence Stroll – £3.Toto Wolff is the richest F1 team principal on the 2025 grid. In April 2023, Forbes listed the Mercedes CEO and team principal as having become a billionaire, making it onto the official Sports Billionaires list for the first time.The net worth of Michael Schumacher The German was the first athlete ever to become a billionaire. At the peak of his career, he made $80-$100 million per year.