Binotto exit rumours ramp up amid resignation report

Binotto found himself at the center of the F1 rumor mill on the eve of the season finale in Abu Dhabi when stories emerged that Ferrari was lining up Alfa Romeo boss Fred Vasseur to replace him.

Ferrari moved quickly to deny the story, with Binotto and the team’s drivers repeatedly playing down talk of a change over the weekend in Abu Dhabi.

However, it appears that it has not gone away and a report in an Italian newspaper is well connected Corriere della Sera On Friday he indicated that Binotto was about to announce his resignation.

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Stories have indicated that negotiations are underway between Binotto and Ferrari’s senior management to agree terms for his exit. He suggested that an official announcement from the team could be made as early as Friday.

Ferrari said on Friday there was nothing “official” to say on the matter.

Corriere della Sera He claimed that Binotto had come to the conclusion that he should not continue at Ferrari because he did not feel he had the full confidence of boss John Elkann.

As recently as the Italian Grand Prix, Elkann has moved to dismiss any talk that Binotto’s place at Ferrari was under threat in the wake of his failure to mount a better challenge against Red Bull this season.

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Mattia Binotto, Team Principal, Ferrari

Photo by: Glenn Dunbar / Sports Pictures

However, he made a point that the team needed to right the blunders that cost him valuable points this season.

“We have great faith in Mattia Binotto and appreciate everything he and all our engineers have done, but there is no doubt that the work in Maranello, in the garage, on the pit wall and on the wheel needs to be improved,” said Elkann. Gazzetta dello Sport.

“We must continue to make progress and that applies to the mechanics, the engineers, the drivers and of course the entire management team, including the team manager.

“We’ve seen there’s still a lot going wrong when it comes to reliability, driveability and strategy.”

“Putting our faith in Binotto and his team was the right decision and it paid off. Thanks to them we are able to compete and win again. But I’m not satisfied because I think we can always do better.”

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In Abu Dhabi last weekend, Binotto said he had once again received assurances from Elkann about his future in the wake of Vasseur’s stories.

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“Obviously when this speculation came up I had a conversation with my boss, John Elkann,” said Binotto.

“We frankly discussed what was the best way forward. We decided to release a statement that was probably the best way to shut down any speculation. There is clearly speculation, with no basis whatsoever.”

It is not clear if things have changed since the Abu Dhabi Grand Prix, as Ferrari achieved their weekend targets by finishing second in the Constructors’ Championship, with Charles Leclerc finishing second.

Binotto has been a Ferrari stalwart, originally joining the team in 1995 and working his way through the ranks to become team manager at the start of 2019 as a replacement for Maurizio Arrivabene.

If Binotto’s exit from Ferrari is confirmed, it would leave the team chasing a replacement before a critical winter as he wants to make a move to get on track in 2023.

Vasseur is a logical target, but one other option could be to make Ferrari CEO Benedetto Vigna a temporary backup to oversee things as the team focuses on next year’s contender.

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