F1: Frederic Vasseur is Ferrari's New Formula One Team Principal

F1: Frederic Vasseur has been named the next Ferrari team principal following his exit from Alfa Romeo after six seasons.

The Italian manufacturer Ferrari has announced Frederic Vasseur as Formula One team principal and general manager. Frederic has replaced Mattia Binotto, who left his position last month after four years on the job. Ferrari's first candidate to replace Binotto has been Vasseur, who guided Alfa Romeo to sixth in the constructors' championship this year, the team's highest finish in ten years. Vasseur has more than 25 years of motorsports history, starting in the junior formats and spending the last ten years in Formula 1. He gained recognition during this time for nurturing impressive driver talent, winning the GP2 championship in 2005 (Nico Rosberg) and 2006 (Lewis Hamilton).

Vasseur's new role at the Ferrari marks the end of his professional association with Sauber after six years. He will commence his duties at Ferrari from January 9 onwards. Frederic Vasseur has more than 20 years of expertise in motorsport, including time spent managing the Renault team during the 2016 season. He will be Ferrari's fifth principal in a period of less than a decade.

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From 1993 until 2007, when the team was stable and led by the Frenchman Jean Todt, Ferrari experienced a golden age that included seven-time world champion Michael Schumacher; however, the team has not been as successful since 2008.

Reportedly, Ferrari is confident that Vasseur's leadership qualities will help the Scuderia to progress further as they strive to reach the pinnacle of the Formula 1 mountain.