Listen to this article Following weeks of speculation about his future, Ferrari issued a statement on Tuesday confirming that it had accepted Binotto's decision to leave. The team said Binotto would stay on board until December 31, and it hoped to have a replacement for him finalised in the new year. Binotto said that he regretted having to leave the team, but felt that it was the best thing for the Maranello outfit. "With the regret that this entails, I have decided to conclude my collaboration with Ferrari," he said. "I am leaving a company that I love, which I have been part of for 28 years, with the serenity that comes from the conviction that I have made every effort to achieve the objectives set. "I leave a united and growing team. A strong team, ready, I'm sure, to achieve the highest goals, to which I wish all the best for the future. I think it is right to take this step at this time as hard as this decision has been for me. "I would like to thank all … [Read more...] about Binotto resigns as Ferrari F1 team principal