By Alan Baldwin BUDAPEST (Reuters) -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.

Ferrari has renewed its contract with Formula 1 team boss Fred Vasseur, ending speculation about the Frenchman's future. Vasseur joined from Sauber ahead of the 2023 season replacing Mattia Binotto and implemented a raft of behind-the-scenes changes to return the Prancing Horse to the top of F1.

Ferrari renovó el jueves el contrato de Fred Vasseur como director del equipo, Fred Vasseur, describiéndolo como una señal de “confianza en el liderazgo