Ferrari have confirmed the replacement of Marco Mattiacci as team principal, seven months after he took the job.
Mattiacci’s place will be taken by Maurizio Arrivabene. He has joined Ferrari from their sponsor Philip Morris, where he has been vice president of Marlboro global communication and promotions since 2007.
“We decided to appoint Maurizio Arrivabene because, at this historic moment in time for the scuderia and for Formula One, we need a person with a thorough understanding not just of Ferrari but also of the governance mechanisms and requirements of the sport,” said Ferrari chairman Sergio Marchionne.
Arrivabene has also represented F1 sponsors on the FIA’s F1 Commission since 2010, which Marchionne says gives him valuable insight into Ferrari’s position in the sport.
“Maurizio has a unique wealth of knowledge,” said Marchionne. “He has been extremely close to the scuderia for years and, as a member of the F1 Commission, is also keenly aware of the challenges we are facing.”
“He has been a constant source of innovative ideas focused on revitalisation of Formula One. His managerial experience on a highly complex and closely regulated market is also of great importance, and will help him manage and motivate the team. I am delighted to have been able to secure his leadership for our racing activities.”
Mattiacci moved over from Ferrari’s North American sales division to take over the running of the F1 team in April, when Stefano Domenicali resigned from his position following the team’s poor start to the season.
“We would also like to thank Marco Mattiacci for his service to Ferrari in the last 15 years and we wish him well in his future endeavours,” added Marchionne.
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