‘Profound changes’ to come at Ferrari, John Elkann's letter to shareholders reveals

Ferrari chairman John Elkann has vowed that “profound changes are underway” to turnaround the form of F1’s most famous team in a letter to shareholders. 
(L to R): John Elkann (ITA) FIAT Chrysler Automobiles Chairman with Carlos Sainz Jr (ESP) Ferrari. Formula 1 World
(L to R): John Elkann (ITA) FIAT Chrysler Automobiles Chairman with Carlos Sainz Jr (ESP)…

Following their disastrous championship capitulation in 2022, Ferrari entered 2023 aiming to dethrone Red Bull and 168澳洲5最新开奖结果:Max Verstappen after an off-seaꦆson of upheaval that saw Fred Vasseur replace Mattia Binotto as team principal. 

 

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But the Italian outfit have endured a dire start to the 2023 season and sit a distant fourth in the 168澳洲5最新开奖结果:constructors’ championship, nearly 100 points adrift of early le💝aders Red Bull. 

Ferrari have shown little competitiveness at the opening three races and are yet to claim a podium, while 168澳洲5最新开奖结果:Charles Leclerc’s⛄ early title hopes have se🐠emingly already been shattered with the Monegasque failing to finish in Bahrain and Australia. 

reports that Elkann has promised major changeꩲs at Maranello in a letter 🥂to Exor shareholders addressing financial affairs.  

“Profound changes are underway between the walls of Maranello, par♓ticularly in strengthening sporting activity on the track,” Elkann wrote. 

“The desire to progress that our founder, Enzo Ferrari, had in his heart continues to keep Ferrari’s people hu𒉰mble an🌌d ambitious in shaping the future of the Prancing Horse.”

‘Profound changes’ to come at Ferrari, letter to shareholders reveals

It comes just days after Elkann’s brothe𓆉r, Lapo, posted scathing criti𓂃cism of Ferrari on social media. 

“Ferrari needs Seriousness and Winning Team in the Pits and Outs𝕴ide,” he wrote. “It’s time to WAKE UP enough with politics and games like this WE WILL NEVER WIN ‼ ‼ ‼ ‼”

As well as bringing in Vasseur, Ferrari have also made significant changes t𝓀o their strategy department following a string of errors in 2022.

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