Todt is CEO and Braun is Leaving

Ferrari Formula One team boss Jean Todt has been announced as the Italian car manufacturer’s new Chief Executive Officer. The position of General Manager, previously held by Todt, will be taken by Amedeo Felisa.

Ferrari technical director Ross Brawn is to leave the team at the end of the month. Brawn’s position will be taken by Mario Almondo, with Stefano Domenicali taking on the role of Sporting Director. New Ferrari CEO Jean Todt will become interim Managing Director.

According to Ferrari, Brawn has decided to turn his attention to his personal life after devoting the past decade to the Italian team.