Ferrari announced a multi-year contract extension with Formula One team boss Fred Vasseur on Thursday, ending immediate speculation about the Frenchman's future at the helm of the sport's oldest, most successful and glamorous constructor.

Frederic Vasseur has signed a new contract to continue as Ferrari team principal beyond the end of this year. The 57-year-old Frenchman's deal was due to run out at the end of 2025, but he has agreed what the team have called a "multi-year contract for the coming Formula 1 seasons".

Ferrari Formula One chief Fred Vasseur has signed a new, multi-year contract extension with the team, putting an end to speculation about his future. Vasseur, 57, took charge of Ferrari at the start of the 2023 season, having previously led Sauber’s F1 team.