Formula 1 News

Stefano Domenicali steps down as Ferrari Team Principal 

Marco Mattiacci appointed as new head of the Gestione Sportiva

Following Ferrari’s poor start in the first three races of the new 2014 F1 season, the team’s Team Principal Stefano Domenicali has decided to step down from his role.

Domenicali became Ferrari’s Sporting Director in 2002, before being appointed as Team Principal in 2008.

“There are special moments that come along in everyone’s professional life, when one needs courage to take difficult and very agonising decisions,” said the Italian in a press release. “It is time for a significant change. As the boss, I take responsibility, as I have always done, for our current situation. This decision has been taken with the aim of doing something to shake things up and for the good of this group of people that I feel very close to.”

“With all my heart, I thank all the men and women in the team, the drivers and the partners for the wonderful relationship we have enjoyed over all these years. I hope that very soon, Ferrari will be back where it deserves to be. My final words of thanks go to our President, for having always supported me and to all our fans. I only regret that we have been unable to harvest what we worked so hard to sow in recent years,” he added.

Upon the announcement, the Maranello based team announced that Marco Mattiacci, current President and CEO of Ferrari North America, has been appointed as the new head of the Gestione Sportiva.

Images © Ferrari