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Binotto resigns as Ferrari team principal

Mattia Binotto has resigned from his position as Ferrari team principal and will leave the company on December 31. Ferrari made a clear step forward after two underperforming seasons in 2020 and 2021, finishing second in the constructors’ championship this year and winning four races. However, it made a number of strategic errors and had poor reliability that led to it falling out of title contention early on despite a very quick car.
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