Ferrari has confirmed that Mattia Binotto has replaced Maurizio Arrivabene as team principal.
Rumors of the change initially emerged from Italian sources, and Ferrari confirming late on Monday that former chief technical officer Binotto will take over as team principal with immediate effect.
“After four years of untiring commitment and dedication, Maurizio Arrivabene is leaving the team,” the Ferrari statement read. “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 competitiveness over the past few years, and wish him the best for his future endeavors.
“With immediate effect, Mattia Binotto will take over as Scuderia Ferrari’s team principal. All technical areas will continue to report directly to Mattia.”
Arrivabene had been in the role since the end of the 2014 season, when Ferrari was coming off the back of a disappointing first season under V6 turbo regulations. The team finished second in the constructors’ championship in his first season in charge before slipping back to third in 2016, but mounted more serious title challenges over the last two seasons.
That improvement coincided with Binotto being promoted to chief technical officer in July 2016, although in each of the past two years a competitive car has failed to deliver the championship
Relations between Arrivabene and Binotto were understood to have become strained as 2018 wore on, and with the Swiss engineer a target for rival teams, he has now been promoted to the role of team principal.
Binotto becomes Ferrari’s fourth team principal in the past five years, with Stefano Domenicali and then Marco Mattiacci having held the role prior to Arrivabene’s appointment.