Despite hyperlinks to a number of Formula One groups, former Ferrari Team Principal Mattia Binotto determined to go away motorsport behind to guide TEXA’s E-Powertrain division.
Binotto departed Ferrari on the finish of the 2022 season when he was changed by Fred Vasseur. Over the course of the previous months, the Lausanne-born engineer has been linked to a number of F1 groups, primarily with the Sauber-run F1 outfit that may develop into Audi’s works squad in 2026.
However, the Italian has now secured a new place, turning into the managing director of TEXA S.p.A. The former Ferrari boss has been entrusted with the strategic coordination of the bold E-Powertrain division of the corporate to “make the division a clear reference point worldwide.”
Speaking of his new job in a really completely different surroundings, Binotto stated: “Beyond the aggressive expertise that I’ve at all times had in my life, what attracted me to TEXA was the strategic audacity of its undertaking to construct Italian excellence characterised by probably the most superior applied sciences new mobility.
“In reality, TEXA intends to ascertain itself because the reference technological normal on a worldwide stage.
“And this thanks to the mobilization of huge investment resources and the attraction of the best talents to be concentrated in Italy, that is, where there is a formidable motoring culture to be preserved, renewed and now also relaunched.”
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