MARANELLO, Italy (AP) — Ferrari has replaced Maurizio Arrivabene with Mattia Binotto as team principal following another failed Formula One title chase.
Binotto, who had been working as Ferrari’s chief technical officer, has been with the team for nearly 25 years.
Ferrari says in a statement, “After four years of untiring commitment and dedication, Maurizio Arrivabene is leaving the team. The decision was taken together with the company’s top management after lengthy discussions related to Maurizio’s long term personal interests as well as those of the team itself.”
The team adds, “With immediate effect, Mattia Binotto will take over as Scuderia Ferrari’s Team Principal. All technical areas will continue to report directly to Mattia.”
While Ferrari driver Sebastian Vettel won the opening two races of the 2018 season and took pole position in three of the first four races, Ferrari’s performance waned as the year went on, enabling Mercedes to win a fifth straight drivers’ title with Lewis Hamilton.
Arrivabene had been in charge since the 2015 season, having previously worked for Philip Morris, a key Ferrari sponsor.
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