Ferrari Appoints Fred Vasseur As Formula 1 Team Principal

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.
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