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Ferrari chairman John Elkann sends ‘accountability and dedication’ message in open letter
Formula 1

Ferrari chairman John Elkann sends ‘accountability and dedication’ message in open letter

Motorsports
By Motorsports March 27, 2026
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Ferrari chairman John Elkann admitted that the Maranello outfit “fell in need of ambitions” in 2025, however assured its stakeholders that “racing is as a lot about studying as profitable”.

The Fred Vasseur-led workforce completed the 2025 Formulation 1 season fourth within the constructors’ standings. After Lewis Hamilton joined the workforce firstly of the 12 months, he took time to regulate to the brand new workforce. Whereas he achieved a dash race win in China, his finest grand prix end was fourth. His team-mate Charles Leclerc managed seven podium finishes, however no grand prix wins.

In an open letter to shareholders, Elkann famous: “Equally important is the truth that, following this resolution, Ferrari returned to win the centenary version of Le Mans, fifty years after it final took half within the race, and went on to safe three consecutive wins with three totally different driver line-ups, a testomony to the unity and collective power of the workforce.

Charles Leclerc, Ferrari, Lewis Hamilton, Ferrari

Picture by: Peter Fox / Getty Photographs

“Formulation 1, in contrast, fell in need of ambitions. However Ferrari has at all times understood that racing is as a lot about studying as profitable. Ferrari’s founder Enzo Ferrari stored what he referred to as a ‘museum of errors,’ a cupboard of damaged components collected in pursuit of progress. That mindset stays important immediately: accountability and the dedication to return stronger.”

Ferrari has already had a a lot stronger begin to the 2026 season. It at the moment sits second within the constructors’ standings and is to date the one workforce to pose a risk to the dominant Mercedes. Hamilton additionally secured his first podium end with Ferrari on the Chinese language Grand Prix.

The workforce now prepares for the third spherical of the season, the Japanese Grand Prix at Suzuka, from 27-29 March, earlier than a five-week break as a result of cancellation of the Bahrain and Saudi Arabian Grands Prix in April. 

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