Ferrari has renewed its contract with Formula 1 team boss Fred Vasseur, ending speculation about the Frenchman's future. Vasseur joined from Sauber ahead of the 2023 season replacing Mattia Binotto and implemented a raft of behind-the-scenes changes to return the Prancing Horse to the top of F1.

Ferrari handed team principal Fred Vasseur a new contract on Thursday in a sign of “trust in Fred’s leadership” following speculation about his future.

Ferrari boss Fred Vasseur has signed a multi-year extension, ending speculation about his future. Vasseur's job had been under scrutiny for a while, with some media outlets in Italy reporting last month he was set to be sacked at the end of the season due to poor results.