Autosport Sebastian Vettel to leave Ferrari F1 team at end of year after talks break down
Sources indicated to Autosport late on Monday that Vettel was scheduled to leave Ferrari at the end of the year after a breakdown in negotiations over a new contract. Four-time Formula One world champion Sebastian Vettel will leave Ferrari at the end of the season, announced by the Italian team on Tuesday.
Vettel's current three-year deal expires at the end of the season, but after months of negotiations with no new contracts, the decision was made to the company.
“This is a decision taken jointly by ourselves and Sebastian, one which both parties feel is for the best,” the team principal, Mattia Binotto, said in a statement. “It was not an easy decision to reach, given Sebastian*s worth as a driver and as a person.”
Ferrari confirmed Vettel departure in a statement issued on Tuesday morning."This is a decision taken jointly by ourselves and Sebastian, one which both parties feel is for the best," Ferrari team principal Mattia Binotto said.
Vettel, who joined the sports oldest and most glamorous team in 2015 with a dream of emulating boyfriend Michael Schumacher, is out of contract at the end of the year. Where the 32-year-old German will now go, and indeed whether he will stay in a game whose delayed season has not yet started due to the Covid-19 epidemic, remains the big question.
"It was not an easy decision to reach, given Sebastian's worth as a driver and as a person.
"There was no specific reason that led to this decision, apart from the common and amicable belief that the time had come to go our separate ways in order to reach our respective objectives."
The team and I have realized that there is no general desire to be together beyond the end of this season, Vettel said. Financial matters have not played a role in this joint decision.
It is not that I think when it comes to making certain choices and it will never happen… what has been happening in these last few months, it will cause many of us to reflect that in life our What are the actual priorities. Vettel said he would not take time to reflect on what matters to his future .
Prior to Vettel’s statement, German media, who flagged up the departure on Monday night, reported Vettel had rejected the terms being offered by Ferrari. Italy’s Gazzetta dello Sport newspaper recently reported Vettel, who won 14 races with the team and is their third most successful driver, had been offered a one-year extension with a salary reduction. Ferrari had previously said the German was their first choice to partner Charles Leclerc.
Binotto said there was no one reason that led to the split “apart from the common and amicable belief that the time had come to go our separate ways in order to reach our respective objectives”.
LeClerc, who won two races last year and is only 22, has a contract until 2024 and is seen as Ferrari future and potential first champion since Kimi Räikkönen in 2007. Monegasque surpassed With Reformer in his first season at Ferrari last year, leading from the front. Taking him overall more points, pole, podium and wins.
Australian Daniel Ricciardo, at Renault, and McLaren Spaniard Carlos Sainz have been installed as the leading candidates to take one of the most coveted seats on the grid. Six-times world champion Lewis Hamilton has also been linked to Ferrari but has repeatedly indicates he intends to stay with Mercedes.
The game hopes to go behind closed doors in Austria in July, with two races lined up for the Red Bull Ring, followed by another double deer at Silverstone, all playing well.
Vettel is understood to have been offered a short-term contract at a lower salary than his previous deals, but insisted in his announcement that financial considerations played no part in the decision.
"To achieve the best possible outcome in this game, it is important for all parties to work in perfect harmony. The team and I have realized that there is no common desire to be together beyond the end of this season," Vettel said Happened.
Sources indicated to Autosport late on Monday that Vettel was scheduled to leave Ferrari at the end of the year after a breakdown in negotiations over a new contract. Four-time Formula One world champion Sebastian Vettel will leave Ferrari at the end of the season, announced by the Italian team on Tuesday.
Vettel's current three-year deal expires at the end of the season, but after months of negotiations with no new contracts, the decision was made to the company.
“This is a decision taken jointly by ourselves and Sebastian, one which both parties feel is for the best,” the team principal, Mattia Binotto, said in a statement. “It was not an easy decision to reach, given Sebastian*s worth as a driver and as a person.”
Ferrari confirmed Vettel departure in a statement issued on Tuesday morning."This is a decision taken jointly by ourselves and Sebastian, one which both parties feel is for the best," Ferrari team principal Mattia Binotto said.
Vettel, who joined the sports oldest and most glamorous team in 2015 with a dream of emulating boyfriend Michael Schumacher, is out of contract at the end of the year. Where the 32-year-old German will now go, and indeed whether he will stay in a game whose delayed season has not yet started due to the Covid-19 epidemic, remains the big question.
"It was not an easy decision to reach, given Sebastian's worth as a driver and as a person.
"There was no specific reason that led to this decision, apart from the common and amicable belief that the time had come to go our separate ways in order to reach our respective objectives."
The team and I have realized that there is no general desire to be together beyond the end of this season, Vettel said. Financial matters have not played a role in this joint decision.
It is not that I think when it comes to making certain choices and it will never happen… what has been happening in these last few months, it will cause many of us to reflect that in life our What are the actual priorities. Vettel said he would not take time to reflect on what matters to his future .
Prior to Vettel’s statement, German media, who flagged up the departure on Monday night, reported Vettel had rejected the terms being offered by Ferrari. Italy’s Gazzetta dello Sport newspaper recently reported Vettel, who won 14 races with the team and is their third most successful driver, had been offered a one-year extension with a salary reduction. Ferrari had previously said the German was their first choice to partner Charles Leclerc.
Binotto said there was no one reason that led to the split “apart from the common and amicable belief that the time had come to go our separate ways in order to reach our respective objectives”.
LeClerc, who won two races last year and is only 22, has a contract until 2024 and is seen as Ferrari future and potential first champion since Kimi Räikkönen in 2007. Monegasque surpassed With Reformer in his first season at Ferrari last year, leading from the front. Taking him overall more points, pole, podium and wins.
Australian Daniel Ricciardo, at Renault, and McLaren Spaniard Carlos Sainz have been installed as the leading candidates to take one of the most coveted seats on the grid. Six-times world champion Lewis Hamilton has also been linked to Ferrari but has repeatedly indicates he intends to stay with Mercedes.
The game hopes to go behind closed doors in Austria in July, with two races lined up for the Red Bull Ring, followed by another double deer at Silverstone, all playing well.
Vettel is understood to have been offered a short-term contract at a lower salary than his previous deals, but insisted in his announcement that financial considerations played no part in the decision.
"To achieve the best possible outcome in this game, it is important for all parties to work in perfect harmony. The team and I have realized that there is no common desire to be together beyond the end of this season," Vettel said Happened.
