Ferrari has officially confirmed that Fred Vasseur has signed a multi-year extension, putting an end to the speculation surrounding his future with the team. This announcement comes after a period of intense scrutiny, with some Italian media outlets previously suggesting that Vasseur might be dismissed due to the team's underwhelming performance this season.

Vasseur, who took over from Mattia Binotto in 2023, has been instrumental in reshaping Ferrari's strategy, including the high-profile signing of Lewis Hamilton from Mercedes. Despite a strong run last season, where Ferrari narrowly missed out on the constructors' championship, the team has faced challenges this year, with McLaren emerging as a formidable competitor.

However, Ferrari's management has expressed confidence in Vasseur's leadership, stating that the new deal reflects their "determination to build on the foundations laid so far." Although the exact length of the contract remains undisclosed, it is confirmed to be a "multiple-year" agreement, ensuring Vasseur's presence beyond the 2026 season.

This extension also comes in the wake of Christian Horner's departure from Red Bull, a move that had sparked rumors of Horner potentially joining Ferrari. With Vasseur's new deal, such speculation has been put to rest, at least for the foreseeable future.

As Formula 1 prepares for significant rule changes in 2026, including updates to aerodynamics and engine regulations, Vasseur's leadership will be crucial in navigating this new era. Ferrari, like its rivals, has been diligently working on its 2026 car, aiming to capitalize on the fresh start that the new rules provide.

With the support of key drivers like Lewis Hamilton and Charles Leclerc, Vasseur is poised to lead Ferrari into a promising future, with hopes of reclaiming the team's former glory starting at the season-opening Australian Grand Prix next year.