Ferrari has hit back over speculation regarding Team Principal's Mattia Binotto's position at the team. In a statement posted to social media the team states that the rumours are "totally without foundation" circulating Italian media this week . Despite showing a promising start, it has turned out to be a turbulent season for the Scuderia plagued by poor car reliability and strategic decisions. One of Italy's biggest media outlets, Gazzetta dello Sport, reported that Ferrari is looking for a replacement to be installed by 1st January 2023, ahead of the new season. The team's statement can be read below.

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Scuderia Ferrari Statement: In relation to speculation in certain media regarding Scuderia Ferrari Team Principal Mattia Binotto's position, Ferrari states that these rumours are totally without foundation. — Scuderia Ferrari (@ScuderiaFerrari) November 15, 2022

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