news Formula 1

09.06.2003  MICHAEL SCHUMACHER EXTENDS HIS CONTRACT TO THE END OF 2006

Maranello, 9th June 2003 - Ferrari announces that Jean Todt will continue in his role as Managing Director of the Gestione Sportiva to the end of 2006.

Also continuing to report in to him up to that date will be Technical Director Ross Brawn, Engine Director Paolo Martinelli, Chief Designer Rory Byrne and head of engine design Gilles Simon.

Furthermore, Ferrari announces that it has extended its agreement with the driver Michael Schumacher to the end of the 2006 season.
Michael Schumacher sits in the Ferrari pit garage during practice for the Austrian Grand Prix, the German F1 World Champion has now extended his contract with the team until the end of 2006
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