Mattia Binotto has resigned as Ferrari F1 team principal.

Ferrari have announced Mattia Binotto has resigned from his position as team principal. 

Mattia Binotto will step down on December 31st and be replaced in the new year, following a 2022 season in which the Italian team failed to end their long wait for F1 world championship success.

The Ferrari team principal, Mattia Binotto, stated that there is no way Ferrari cannot win a race in the final ten races of the season, and the season ended without them winning any of the final ten races.

Binotto stated: “With the regret that this entails, I have decided to conclude my collaboration with Ferrari.”

“I am leaving a company that I love, which I have been part of for 28 years, with the serenity that comes from the conviction that I have made every effort to achieve the objectives set.

“I leave a united and growing team. A strong team, ready, I’m sure, to achieve the highest goals, to which I wish all the best for the future. I think it is right to take this step at this time, as hard as this decision has been for me.

“I would like to thank all the people at Gestione Sportiva who have shared this journey with me, made up of difficulties but also of great satisfaction.”

Ferrari CEO Benedetto Vigna commented: “I would like to thank Mattia for his many great contributions over the past 28 years with Ferrari and particularly for leading the team back to a position of competitiveness during this past year.” As a result, we are in a strong position to renew our challenge, above all for our amazing fans around the world, to win the ultimate prize in motorsport. Everyone here at the Scuderia and in the wider Ferrari community wishes Mattia well for the future.”