F1: Ferrari name Frederic Vasseur as new team principal

Frederic Vasseur. Pic/AFP

Frenchman Frederic Vasseur was named team principal and general manager of Ferrari on Tuesday, tasked with ending Red Bull's dominance in Formula One. It will be the 54-year-old's first job with one of F1's heavyweights.

"Ferrari NV today announced that Fred Vasseur will join Scuderia Ferrari on January 9 as team principal and general manager," said Ferrari in a statement.

Vasseur fills the void left by the resignation of Mattia Binotto last month after Ferrari failed to mount a serious and sustained challenge to Red Bull, despite a promising start to the campaign. Vasseur until recently held the position of CEO and team principal of Sauber Motorsport (currently Alfa Romeo F1 Team), having been there since 2017.

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