Scuderia Ferrari has released a short statement confirming Maurizio Arrivabene's departure from Maranello, and his replacement by Mattia Binotto with immediate effect.
"After four years of untiring commitment and dedication, Maurizio Arrivabene is leaving the team," said Ferrari on Monday afternoon.
"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.
"Ferrari would like to thank Maurizio for his valuable contribution to the team’s increasing competiveness over the past few years, and wish him the best for his future endeavours.
"With immediate effect, Mattia Binotto will take over as Scuderia Ferrari’s Team Principal. All technical areas will continue to report directly to Mattia."
Gallery: The beautiful wives and girlfriends of F1 drivers
Keep up to date with all the F1 news via Facebook and Twitter
Intrigue is swirling around Adrian Sutil after Grand Prix driver was arrested in Germany on…
On this day in 1975, a somber mood enveloped St Albans Abbey in Hertfordshire as…
As Abu Dhabi prepares to crown a world champion, McLaren has finally cracked the door…
Lando Norris opened the 2025 Abu Dhabi Grand Prix weekend in commanding fashion, topping the…
Full results from Free Practice 1 for the Abu Dhabi Grand Prix at Yas Marina,…
On the eve of Formula 1’s thrilling 2025 title decider in Abu Dhabi, the entire…