John Elkann, while attending the 50th anniversary of the National Italian American Foundation in Washington, expressed his full confidence in Frederic Vasseur.
Following comments from Charles Leclerc and Lewis Hamilton in Austin, Elkann rallied around the French manager, dispelling rumors of Chris Horner's potential arrival in Maranello.
Vasseur, who renewed his multi-year contract with Ferrari this summer, will remain at the helm of the Maranello Sports Management ahead of new technical regulations next year.
Author's summary: Ferrari's president backs Vasseur amid rumors.