Thursday, February 9, 2023
HomeMotorsportsF1Mattia Binotto to receive extra Ferrari compensation to block move to F1...

Mattia Binotto to receive extra Ferrari compensation to block move to F1 rivals

Many Formula 1 fans wondered why Ferrari’s former Team Principal Mattia Binotto hasn’t joined any other Formula 1 team on the grid. Now, we finally have the answer to the question.

Mattia Binotto Handed In His Resignation After The 2022 F1 Season

Mattia Binotto handed in his resignation to Ferrari after a below par season despite securing 2nd place in the Constructors Championship. Binotto was blamed for the numerous abysmal strategic calls made by the Prancing Horses. The way Scuderia Ferrari ended the season was unrecognizable from its impressive beginning. A potential championship winning season blew up before their very eyes. Technical failures and disastrous strategies additionally didn’t aid Charles Leclerc’s championship battle against Max Verstappen either.

Ferrari was left with a huge void after the exit of the Italian. The technical team was left directionless as Binotto, being an expert engineer himself, additionally oversaw the technical department (Binotto first joined Ferrari in 1995 and was a key engineer in Ferrari’s infamous Schumacher era -1997-2003). Also Read: Formula 1 Team Principal Shake-Up Ahead Of The 2023 Season

Frederic Vasseur To Steer The Sinking Ship

Binotto was soon replaced with the ever-so experienced Frederic Vasseur, who would be making a career-defining move from Alfa Romeo. But Ferrari evidently recognized the huge bag of talent and expertise that Binotto embodies and understandably didn’t want the Italian’s services available at their rivals’ fingertips. Also Read: Pierre Gasly Feels Sprint Races Are Not ‘Worthwhile’

Binotto Will Have To Watch The 2023 Season From The Sidelines

It has now been revealed by that Scuderia Ferrari provided extra compensation to the exiting Mattia Binotto. This decision was orchestrated to prevent Binotto from joining Ferrari’s competitors in the 2023 season. This move ensures that Binotto will be kept away from the racing paddocks till 2024 at the very least. This breaking news pacifies rumours of Binotto being amidst talks and negotiations with other Formula 1 teams. Also Read: McLaren Managed To Save Money Despite Daniel Ricciardo’s Expensive Exit

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