Stefano Domenicali has resigned as the team principal of the Ferrari Formula 1 team with immediate effect.
He said: “There are particular moments in all of our professional lives where you need the courage to take difficult and very painful decisions. It’s time to make an important change. As boss, I take the responsibility – as I always have – for the situation we are going through.”
Domenicali, 48, who will be replaced by Marco Mattiacci, had been in charge since replacing Jean Todt in 2008. Mattiacci, who is the current president of Ferrari North America, will take over for the next F1 race, which is the Chinese Grand Prix on 20 April.
Ferrari have not won the world title since Kimi Raikkonen’s success in 2007.