Where is Mattia Binotto now?
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. Since 5 May 2025, Mattia has been the Head of the Audi F1 Project. In the new setup, Mattia Binotto has been given a new role. The former Ferrari team boss was previously chief technical officer and chief operational officer, but he has left those positions. Binotto is now responsible for the overall development of Audi’s 2026 Formula 1 car.Key Takeaways: Former Ferrari Team Principal Mattia Binotto has shifted from Formula 1 to join Texa, overseeing the E-Powertrains program for vehicle electrification. Binotto’s move surprised many as he moved away from F1 to a company specializing in diagnostic systems.In July 2024 it was announced that Jerome was joining Scuderia Ferrari HP as Deputy Team Principal and Head of Scuderia Ferrari Driver Academy as from October 1.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. Since 5 May 2025, Mattia has been the Head of the Audi F1 Project.
What is Mattia Binotto’s role at Audi?
As Head of Audi F1 Project, Mattia Binotto is responsible for overall development at the Hinwil and Neuburg an der Donau facilities, as well as at the future technical center in England. I am delighted that we have been able to recruit Mattia Binotto for our ambitious Formula 1 project,“ says Gernot Döllner, CEO of AUDI AG. With his extensive experience of more than 25 years in Formula 1, he will undoubtedly be able to make a decisive contribution for Audi.
Why did Mattia leave Ferrari?
As a result, Mattia Binotto retires from Scuderia Ferrari to help the team continue to grow. Mattia Binotto states that he is leaving a company he loves but thinks the team is growing and ready to achieve its highest goals. 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.
Who is the CEO of Ferrari F1?
Read more. Benedetto Vigna is Chief Executive Officer since September 2021. Before joining Ferrari, he was President of STMicroelectronics’, Analog, MEMS and Sensors Group, since January 2016 and also a member of ST’s Executive Committee from May 31, 2018. Benedetto Vigna is Chief Executive Officer since September 2021.Benedetto Vigna is Chief Executive Officer since September 2021. Before joining Ferrari, he was President of STMicroelectronics’, Analog, MEMS and Sensors Group, since January 2016 and also a member of ST’s Executive Committee from May 31, 2018.
How much does the team principal of Ferrari make?
Frederic Vasseur’s salary in Ferrari is estimated to be between €6 million and €8 million per year, placing him among the highest-paid in Formula 1. According to Sportskeeda, he ranks #5 on the list of the richest team principals. Christian Horner is the highest-paid Formula One team principal, earning $9. He’s been at the head of Red Bull Racing since 2005. Horner has helped lead Red Bull to thirteen world titles since becoming team principal.F1 is a results-oriented business, so it’s no surprise that Red Bull’s Max Verstappen is reportedly the highest-paid driver on the grid. The Dutchman is set to earn $65 million in 2025 as he chases his fifth successive drivers’ championship. Seven-time world champion Lewis Hamilton sits closely behind Verstappen.
Who is the richest team principal in F1?
Toto Wolff, the team principal of Mercedes, is by far the wealthiest team principal in Formula 1, with a staggering net worth of £1. Wolff’s fortune comes not only from his role at Mercedes but also from his substantial stake in the team. Mercedes F1: Get to Know CEO and Team Principal Toto Wolff – Mercedes-AMG PETRONAS F1 Team.Since 2013, Wolff has served as team principal, CEO and co-owner of Mercedes in Formula One, winning eight consecutive World Constructors’ Championship titles from 2014 to 2021; he also served as director and CEO of Mercedes-EQ in Formula E, winning two Formula E World Teams’ Championship titles.Toto Wolff, the team principal of Mercedes, is by far the wealthiest team principal in Formula 1, with a staggering net worth of £1. Wolff’s fortune comes not only from his role at Mercedes but also from his substantial stake in the team.