Maurizio Arrivabene's departure as Ferrari team principal has been confirmed by the Formula 1 team, which has named Mattia Binotto as his successor.
As reported by Motorsport.com, Ferrari has brought an end to a long-running saga over the leadership of its team following rumours of disagreements between Arrivabene and his technical chief Binotto.
Ferrari confirmed on Monday evening that Arrivabene would be replaced by Binotto as team principal with immediate effect.
"With immediate effect, Mattia Binotto will take over as Scuderia Ferrari's team principal.
Ferrari stalwart Binotto has been technical chief since 2016, when he stepped up to the role following the team's split with James Allison.
Binotto first joined Ferrari in 1995, originally as a test engine engineer, and then performed a similar role for the race team from 1997 to 2003.