Menu
Franchises

Ferrari Formula 1 Names Mattia Binotto New Team Principal

Maurizio Arrivabene has been replaced as Ferrari Formula 1 team principal by former Technical Dir Mattia Binotto, according to Andrew Benson of the BBC. Arrivabene held the role for four years. A Ferrari statement said that the decision was made by "the company's top management after lengthy discussions." Binotto takes immediate charge and Ferrari said that "all technical areas will continue to report directly" to him. Ferrari failed to win either title in '18 "amid a series of driver and management errors." Arrivabene, 61, had been director of the team since Dec. '14, joining from main sponsor Philip Morris, where he was a VP. He was in charge of Ferrari "while the team enjoyed a revival in competitiveness in the last two seasons." But he was "widely seen within F1 as a Ferrari figurehead only," with the real power instead resting with former President Sergio Marchionne, who "masterminded a reshuffle of the technical department" in '16 but died from complications during surgery for cancer last July. Following Marchionne's death, there was "known to be a power struggle" between Arrivabene and Binotto. Binotto, 49, had been approached by other teams, and Ferrari Chair John Elkann decided that "continuing with Marchionne's plan was the best option" (BBC, 1/7).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2019/01/08/Franchises/Ferrari-Formula-1.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2019/01/08/Franchises/Ferrari-Formula-1.aspx

CLOSE