Frédéric Vasseur becomes the new director of the Ferrari team

The Ferrari team, which is eyeing its first Formula 1 world championship in 15 years, appointed Frédéric Vasseur as its new team principal on Tuesday.

Vasseur recently managed F1 teams Sauber and Alfa Romeo, and has a long track record in motorsport.

The 54-year-old worked with Monegasque driver Charles Leclerc when he was training at Sauber, and the two have a very good relationship.

Vasseur, who is renowned for his ability to find and develop promising young drivers, was also the architect behind the 2005 and 2006 GP2 title wins for German Nico Rosberg and Briton Lewis Hamilton.

Vasseur, a Frenchman, succeeds Mattia Binotto, who quit after a season marred by horrific racing strategies that robbed Leclerc of a chance to challenge for the world championship.

Leclerc had started the campaign with two wins in the first three races and looked set to establish himself as the main rival to reigning world champion Max Verstappen. He ended the year nearly 150 ranking points behind the Dutchman, however, and no wins after July.

Spaniard Carlos Sainz junior is the other Ferrari driver.

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