On the eve of the Hungarian Grand Prix, Ferrari announced that team principal Fred Vasseur had agreed a new multi-year deal. That brought an end to rumours that Ferrari could look to change its team boss after this season’s downturn in form,

Ferrari chairman John Elkann has outlined the reasons for handing team principal Fred Vasseur a contract renewal. Ahead of this weekend’s Hungarian Grand Prix, where Crash.net are on the ground, Ferrari confirmed that Vasseur had been given a new multi-year deal to remain in his position as team principal.

Charles Leclerc has hailed Fred Vasseur’s “vision” and cold-blooded approach after the Ferrari team principal was handed a new contract following speculation about his future.