Who is Binotto replacing?
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. In 2019 he was additionally appointed as team head of Scuderia Ferrari. In future, Mattia Binotto will be Chief Operating and Chief Technical Officer (COO and CTO) in the leadership team of Sauber Motorsport AG, with responsibility and accountability for the operative management and sporting success of the racing team.
Was Binotto good?
Binotto bears ultimate responsibility for that failure. He did much that was good and no doubt changed Ferrari’s working culture for the better. But he didn’t properly fix the F1 team’s weaknesses, and it’s difficult to argue Ferrari is more effective as a title-challenging operation now than it was in 2017 and 2018. Lamborghini approached Enzo Ferrari, expressing his dissatisfaction with his Ferrari’s clutch, only to be dismissed by Ferrari, who famously remarked that Lamborghini was better off sticking to building tractors. Undeterred by the rejection, Lamborghini set out to prove Ferrari wrong.Because he wasn’t replaced based on results, he was replaced because of a once-in-a-lifetime business and marketing opportunity. Ferrari was more than happy with Sainz.
Why did Binotto leave Ferrari?
While Scuderia Ferrari showed promise for the 2022 season early on, it was clear that there was room for improvement. As a result, Mattia Binotto retires from Scuderia Ferrari to help the team continue to grow. 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 driver 1 for Ferrari?
Charles Leclerc – F1 Driver for Ferrari. Binotto’s position after four seasons as principal is believed to have become untenable after he lost the confidence of the Ferrari president, John Elkann, following a season where the team was left looking helpless and, on occasion, amateurish by a dominant Red Bull and Max Verstappen.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.
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.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.