Ferrari Formula One boss Mattia Binotto has handed in his resignation and will leave at the end of the year, the world championship runners-up said on Tuesday.
The news came after considerable media speculation that the 53-year-old, whose contract was due to expire at the end of 2023, had lost top-level support after another failed title challenge.
"With the regret that this entails, I have decided to conclude my collaboration with Ferrari," the Italian sportscar manufacturer quoted Binotto as saying in a statement announcing his departure. Italian media have suggested Ferrari Chief Executive Benedetto Vigna could take on the role on an interim basis.
Stellantis-owned Alfa Romeo are due to end their sponsorship of Sauber at the end of 2023, with the team then becoming the Audi factory outfit from 2026.
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