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- Ferrari NV RACE has appointed Fred Vasseur as Formula 1 team Scuderia Ferrari's Team Principal and General Manager.
- His tenure will commence on January 9, 2022.
- Vasseur has over 25 years of winning motor racing experience, commencing in the junior formulas and over the last decade in Formula 1.
- He most recently held the position of CEO and Team Principal of Sauber Motorsport (currently Alfa Romeo F1 Team) since 2017.
- "Throughout his career he has successfully combined his technical strengths as a trained engineer with a consistent ability to bring out the best in his drivers and teams," said CEO Benedetto Vigna.
- Price Action: RACE shares are trading lower by 0.04% at $222.45 in premarket on the last check Tuesday.
- Photo Via Company
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