Drifting away from the usual talk of Ferrari [https://www.essentiallysports.com/category/f1/ferrari/] and their on-track problems, the latest news is that they have become one of the first teams that are ready to sign on the new Concorde agreement for 2021. The big news was confirmed by Ferrari’s Team Principal, Mattia Binotto, during Friday’s press conference. The boss of the Maranello-based outfit was only too happy to make the announcement. However, he also said that a number of other teams are not too happy with the current terms of the agreement and are looking for some changes. ALSO READ- What is the Concorde Agreement in Formula One and Why is it So Important [https://www.essentiallysports.com/f1-news-what-is-the-concorde-agreement-in-formula-1-and-why-is-it-so-important/] SCUDERIA BOSS IS HAPPY THAT F1 HAVE UNDERSTOOD THE IMPORTANCE OF FERRARI TO THE SPORT Speaking to the media about Ferrari’s stance on the agreement, Binotto said [https://www.motorsport.com/f1/news/ferrari-concorde-agreement-future-binotto/4838181/], “As far as Ferrari (is concerned) we are ready to sign. We would like to sign I think even quite soon. “I think that’s important for the future and for clarity. At least I think we can all know where we are. I think it is important also for the small teams somehow because it’s part of the entire package. “Looking ahead with clarity is important. So some are ready to sign. I think we are somehow happy because we know that F1 has understood the role of Ferrari in F1. That was key for us and so we are satisfied from that.” Ferrari F1 [https://www.essentiallysports.com/wp-content/uploads/Mattia-Binotto-pulling-the-strings-from-PA.jpg] Despite the new agreement being more favorable to the smaller F1 teams, most of them are still not too happy with what’s being offered. Racing Point’s [https://www.essentiallysports.com/category/f1/racing-point/] Team Principal Otmar Szafnauer said, “I think a lot of work has gone into it. I don’t think we’re that far off to having something that we can all sign. But there’s still a few talking points, which I think will happen in the short term.” While the FIA work on convincing the other teams to sign, Ferrari already have their eyes trained on the Hungarian Grand Prix. They’ll be hoping for some redemption in Budapest in the wake of their dismal performances in Austria. Can the Maranello-based outfit turn it around? We’ll soon find out, come Sunday. 

The Scuderia Ferrari Team Principal, Mattia Binotto, confirmed that the
Maranello-based outfit is ready to sign the new Concorde Agreement for 2021.

Ronan Carvalho is senior F1 author for Essentiallysports. Ronan is currently
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Scuderia Ferrari Team Principal Mattia Binotto Announces Big News for the Team’s
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The Scuderia Ferrari Team Principal, Mattia Binotto, confirmed that the Maranello-based outfit is ready to sign the new Concorde Agreement for 2021.

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Scuderia Ferrari Team Principal Mattia Binotto Announces Big News for the Team's Future

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[caption id="attachment_384620" align="alignnone" width="1920"]<img class="size-full wp-image-384620" src="https://image-cdn.essentiallysports.com/wp-content/uploads/20200921010213/1211948277.jpg" alt="Ferrari boss Mattia Binotto contemplates Ferrari's future" width="1920" height="1279" /> MELBOURNE, AUSTRALIA - MARCH 12: Ferrari Team Principal Mattia Binotto looks on in the Paddock during previews ahead of the F1 Grand Prix of Australia at Melbourne Grand Prix Circuit on March 12, 2020 in Melbourne, Australia. (Photo by Mark Thompson/Getty Images)[/caption]
<h2><strong>Mattia Binotto: 2021 Net worth, salary, and endorsements</strong></h2>
Mattia Binotto functions in the capacity of the Team Principal of the Italian Giants, Scuderia Ferrari.

He joined the Ferrari team in 1995 and has been with them ever since.  Following a long journey in different technical departments, finally, in 2019, he became the Team Principal.

Binotto attained a Bachelor's degree in Vehicle Engineering in 1994. Following that, he earned a Master's in Motor Vehicle Engineering as well.
<h2><b>Mattia Binotto stats and career in Ferrari </b></h2>
Mattia, after completion of his education, joined the Prancing Stallion. He started working in the team as a trainee in 1995 and continued working in the Engine department till 2003.

In 2007, the Italian gained the position of Chief Engineer. Following that, he subsequently become the Head of Engine and KERS Operations in 2009.

While in 2013, he held the rank of Deputy Director in the Engineers field. He was also recognized as Chief Operating Officer.

In 2016, the team appointed him as the Chief Technical Officer of the team.  2019 saw Binotto finally summit at the top of operations at the Scuderia Ferrari F1 team as the Team Principal.

Not only was he the Team Principal but also partially responsible for the technical department too.

Moreover, he told the official Ferrari magazine that he takes care of communications, marketing, sponsorship, and legal duties, among others.

He noted that as Technical Director he used to spend a lot. However, the opposite became true when he became Team Principal.
<h2>Mattia Binotto 2021 Net Worth</h2>
According to <a href="https://www.celebsagewiki.com/mattia-binotto" target="_blank" rel="noopener noreferrer">sources</a>, Binotto has a Net Worth estimated at $1-$5 million. However, his salary remains under review.

He leads a luxurious life and has a housing property built in Modena, Italy. In addition, he collects several cars in his garage.
<h2>Best Moments of Mattia Binotto</h2>
<iframe src="https://www.youtube.com/embed/SYn4wCvbbFE" width="560" height="315" frameborder="0" allowfullscreen="allowfullscreen"></iframe>
<h2>Mattia Binotto family</h2>
Binotto does not disclose many details to the media. Conversely, he prefers enveloping major personal details.

He has tied the knot with Sabina Binotto. The couple has two kids too, their daughter, Chiara Binotto, and son, Marco.
<h2>How to contact Mattia Binotto?</h2>
Binotto holds no social media handles. However, some information about him is available on <a href="https://en.wikipedia.org/wiki/Mattia_Binotto">Wikipedia.</a>
<h3>Mattia Binotto: Quick Facts</h3>
<table>
<tbody>
<tr>
<td width="301">AGE</td>
<td width="301">51</td>
</tr>
<tr>
<td width="301">MARITAL STATUS</td>
<td width="301">Married</td>
</tr>
<tr>
<td width="301">SPOUSE</td>
<td width="301">Sabina Binotto</td>
</tr>
<tr>
<td width="301">RESIDENCE</td>
<td width="301">Lausanne, Switzerland

Modena, Italy</td>
</tr>
<tr>
<td width="301">NATIONALITY</td>
<td width="301"> Italian</td>
</tr>
<tr>
<td width="301"> ENDORSEMENTS</td>
<td width="301">  None</td>
</tr>
<tr>
<td width="301">HEIGHT</td>
<td width="301"> 6’ 2’’-6’3’’</td>
</tr>
<tr>
<td width="301">CHILDREN</td>
<td width="301">2- Marco Binotto and Chiara Binotto</td>
</tr>
<tr>
<td width="301">Ethnicity</td>
<td width="301"> Swiss-Italian, White</td>
</tr>
<tr>
<td width="301"> CARS</td>
<td width="301"> Ferrari GTC4Lusso, Ferrari F12, Porsche Cayenne Turbo</td>
</tr>
</tbody>
</table>

Mattia Binotto

MELBOURNE, AUSTRALIA &#8211; MARCH 12: Ferrari Team Principal Mattia Binotto looks on in the Paddock during previews ahead of the F1 Grand Prix of Australia at Melbourne Grand Prix Circuit on March 12, 2020 in Melbourne, Australia. (Photo by Mark Thompson/Getty Images) Mattia Binotto: 2021 Net worth, salary, and endorsements Mattia Binotto functions in the capacity of the Team Principal of the Italian Giants, Scuderia Ferrari. He joined the Ferrari team in 1995 and has been with them ever since.  Following a long journey in different technical departments, finally, in 2019, he became the Team Principal. Binotto attained a Bachelor&#8217;s degree in Vehicle Engineering in 1994. Following that, he earned a Master&#8217;s in Motor Vehicle Engineering as well. Mattia Binotto stats and career in Ferrari  Mattia, after completion of his education, joined the Prancing Stallion. He started working in the team as a trainee in 1995 and continued working in the Engine department till 2003. In 2007, the Italian gained the position of Chief Engineer. Following that, he subsequently become the Head of Engine and KERS Operations in 2009. While in 2013, he held the rank of Deputy Director in the Engineers field. He was also recognized as Chief Operating Officer. In 2016, the team appointed him as the Chief Technical Officer of the team.  2019 saw Binotto finally summit at the top of operations at the Scuderia Ferrari F1 team as the Team Principal. Not only was he the Team Principal but also partially responsible for the technical department too. Moreover, he told the official Ferrari magazine that he takes care of communications, marketing, sponsorship, and legal duties, among others. He noted that as Technical Director he used to spend a lot. However, the opposite became true when he became Team Principal. Mattia Binotto 2021 Net Worth According to sources, Binotto has a Net Worth estimated at $1-$5 million. However, his salary remains under review. He leads a luxurious life and has a housing property built in Modena, Italy. In addition, he collects several cars in his garage. Best Moments of Mattia Binotto Mattia Binotto family Binotto does not disclose many details to the media. Conversely, he prefers enveloping major personal details. He has tied the knot with Sabina Binotto. The couple has two kids too, their daughter, Chiara Binotto, and son, Marco. How to contact Mattia Binotto? Binotto holds no social media handles. However, some information about him is available on Wikipedia. Mattia Binotto: Quick Facts  AGE 51  MARITAL STATUS Married  SPOUSE Sabina Binotto  RESIDENCE Lausanne, Switzerland Modena, Italy  NATIONALITY  Italian   ENDORSEMENTS   None  HEIGHT  6’ 2’’-6’3’’  CHILDREN 2- Marco Binotto and Chiara Binotto  Ethnicity  Swiss-Italian, White   CARS  Ferrari GTC4Lusso, Ferrari F12, Porsche Cayenne Turbo

Mattia Binotto Archives

Mattia Binotto Archives - EssentiallySports

[caption id="attachment_418048" align="aligncenter" width="1920"]<img class="size-full wp-image-418048" src="https://image-cdn.essentiallysports.com/wp-content/uploads/20201021163106/GettyImages-1266322752.jpg" alt="Otmar Szafnauer at the Spanish Grand Prix press conference 2020" width="1920" height="1280" /> BARCELONA, SPAIN - Otmar Szafnauer, Team Principal and Chief Executive Officer of Racing Point talks in a press conference during practice for the F1 Grand Prix of Spain at Circuit de Barcelona-Catalunya in Barcelona, Spain. (Photo by Andy Hone/Pool via Getty Images)[/caption]
<h2><strong>Otmar Szafnauer: 2021 Net Worth, Salary, and Endorsements</strong></h2>
Otmar Szafnauer currently holds the position of CEO and Team Principal of the Aston Martin F1 Team.

The Romanian came from an engineering background with a Bachelor of Science degree in electrical engineering. He studied at Wayne State University in Detroit, followed by a Master's degree in Business and Finance from the University of Detroit.

In 1986, he joined the Ford Motor Company as Programmes Manager. Szafnauer stuck around until 1998, when he had his maiden tryst with Formula One.
<h2><strong>Otmar Szafnauer: Career and Stats</strong></h2>
He was appointed as Operations Director at British American Racing during their F1 tenure. Soon afterward, Honda came knocking in 2001, and he rose the ranks to Vice President.

Following the conclusion of his Honda stint in 2008. He ventured into other territories. He founded the digital service, Soft Pauer, which released the official Formula One Timing App on the iPhone in June 2009.

Later on, Szafnauer joined Force India and played an integral role since then. With him on the team, they went from strength to strength, breaking into the top five in 2015 and a career-best finish of fourth in 2016 and 2017.

Finally, he took over as the team principal in 2018 when Force India was rebranded to Racing Point. Now, it is his duty to help improve the team's results and get back to being the best of the rest in 2020 and beyond.

The team has again rebranded as the Aston Martin F1 team.

In 2013, he amassed the USF2000 Hall of Fame Award  for his contribution and accomplishments in the realm of motorsports over 20 years.
<h2>Otmar Szafnauer: 2021 Net Worth</h2>
The Net Worth of Otmar Szafnauer, according to internet <a href="https://peopleai.com/fame/identities/otmar-szafnauer" target="_blank" rel="noopener noreferrer">sources</a>, sums to $1 million. However, his salary and endorsements are under review.
<h2>Otmar Szafnauer: Foundation and Charity</h2>
Szafnauer participates in philanthropy actively. He has a page, <a href="https://www.justgiving.com/fundraising/otmarszafnauer" target="_blank" rel="noopener noreferrer">JustGiving</a>, through which he collects donations and also sponsorships. It is to help the organizations and individuals in need. It raises funds mainly for NSPCC, which strives to stop child abuse in the UK.

His team, Racing Point, initiated an agenda in 2019 to support Breast Cancer Care, and help raise funds for the ones in need of it. The Romanian supported it vastly.
<h2>How to Contact Otmar Szafnauer?</h2>
Otmar Szafnauer is not vividly active on social media. He holds an <a href="https://instagram.com/otmarf1?igshid=19so8y4f45zaq">Instagram</a> account, but does not have a Twitter or Facebook account.
<h2>Otmar Szafnauer: Quick Facts</h2>
<table width="310">
<tbody>
<tr>
<td width="158">AGE</td>
<td width="151">56</td>
</tr>
<tr>
<td width="158">DATE OF BIRTH</td>
<td width="151">August 13, 1964</td>
</tr>
<tr>
<td width="158">NATIONALITY</td>
<td width="151">Romanian</td>
</tr>
<tr>
<td width="158">ETHNICITY</td>
<td width="151">White</td>
</tr>
<tr>
<td width="158">MARITAL STATUS</td>
<td width="151">Married</td>
</tr>
<tr>
<td width="158">SPOUSE</td>
<td width="151">N/A</td>
</tr>
<tr>
<td width="158">RESIDENCE</td>
<td width="151">Detroit, United Kingdom</td>
</tr>
<tr>
<td width="158">CHAMPIONSHIP</td>
<td width="151">0</td>
</tr>
<tr>
<td width="158">ENDORSEMENTS</td>
<td width="151">None</td>
</tr>
</tbody>
</table>

Otmar Szafnauer

BARCELONA, SPAIN &#8211; Otmar Szafnauer, Team Principal and Chief Executive Officer of Racing Point talks in a press conference during practice for the F1 Grand Prix of Spain at Circuit de Barcelona-Catalunya in Barcelona, Spain. (Photo by Andy Hone/Pool via Getty Images) Otmar Szafnauer: 2021 Net Worth, Salary, and Endorsements Otmar Szafnauer currently holds the position of CEO and Team Principal of the Aston Martin F1 Team. The Romanian came from an engineering background with a Bachelor of Science degree in electrical engineering. He studied at Wayne State University in Detroit, followed by a Master&#8217;s degree in Business and Finance from the University of Detroit. In 1986, he joined the Ford Motor Company as Programmes Manager. Szafnauer stuck around until 1998, when he had his maiden tryst with Formula One. Otmar Szafnauer: Career and Stats He was appointed as Operations Director at British American Racing during their F1 tenure. Soon afterward, Honda came knocking in 2001, and he rose the ranks to Vice President. Following the conclusion of his Honda stint in 2008. He ventured into other territories. He founded the digital service, Soft Pauer, which released the official Formula One Timing App on the iPhone in June 2009. Later on, Szafnauer joined Force India and played an integral role since then. With him on the team, they went from strength to strength, breaking into the top five in 2015 and a career-best finish of fourth in 2016 and 2017. Finally, he took over as the team principal in 2018 when Force India was rebranded to Racing Point. Now, it is his duty to help improve the team&#8217;s results and get back to being the best of the rest in 2020 and beyond. The team has again rebranded as the Aston Martin F1 team. In 2013, he amassed the USF2000 Hall of Fame Award  for his contribution and accomplishments in the realm of motorsports over 20 years. Otmar Szafnauer: 2021 Net Worth The Net Worth of Otmar Szafnauer, according to internet sources, sums to $1 million. However, his salary and endorsements are under review. Otmar Szafnauer: Foundation and Charity Szafnauer participates in philanthropy actively. He has a page, JustGiving, through which he collects donations and also sponsorships. It is to help the organizations and individuals in need. It raises funds mainly for NSPCC, which strives to stop child abuse in the UK. His team, Racing Point, initiated an agenda in 2019 to support Breast Cancer Care, and help raise funds for the ones in need of it. The Romanian supported it vastly. How to Contact Otmar Szafnauer? Otmar Szafnauer is not vividly active on social media. He holds an Instagram account, but does not have a Twitter or Facebook account. Otmar Szafnauer: Quick Facts  AGE 56  DATE OF BIRTH August 13, 1964  NATIONALITY Romanian  ETHNICITY White  MARITAL STATUS Married  SPOUSE N/A  RESIDENCE Detroit, United Kingdom  CHAMPIONSHIP 0  ENDORSEMENTS None

Scuderia Ferrari Team Principal Mattia Binotto Announces Big News for the Team’s Future

Scuderia boss is happy that F1 have understood the importance of Ferrari to the sport