Ferrari Formula One boss Mattia Binotto has handed in his resignation and will leave at the end of the year, the world championship runners-up said on Tuesday.
The news came after considerable media speculation that the 53-year-old, whose contract was due to expire at the end of 2023, had lost top-level support after another failed title challenge.
Ferrari had said this month that rumors of Binotto facing the sack were ‘totally without foundation’ and the principal assured reporters on Nov. 19 that he was relaxed about his future.
He stopped short then of categorically stating he would be in his current job at the start of next year, however, and the silence of company chairman John Elkann was telling….