Stefano Domenicali quits as Ferrari F1 boss

Ferrari F1 team principal, Stefano Domenicali, has resigned as Ferrari team principal after six years in the role. After having taken over the reins of the team from Jean Todt, he has a solitary constructors' championship to his name which Ferrari won in 2008 (the year he became team principal).

Even after the arrival of Fernando Alonso 2010, Ferrari has not one a single drivers championship. Even this season, with two phenomenal drivers in their line-up, Fernando Alonso and Kimi Raikkonen, the company has had a bad start.

The axe finally fell on Domenicali, as Ferrari accepted that the F1 top boss had indeed resigned. "Ferrari has accepted the resignation of Stefano Domenicali and thanked him for having served the company with great dedication," a statement from the team read.

"I take responsibility - as I always have - for the situation we are experiencing," Domenicali said. He further said, "I sincerely thank all the men and women of the team, the drivers and partners for the wonderful relationship we have had in these years. I wish you all that you can quickly return to the levels that Ferrari deserves."

Ferrari president Luca di Montezemolo went on to say, "I thank Stefano Domenicali not only for his ongoing contribution and commitment, but for the great sense of responsibility that has demonstrated today by putting the interests of Ferrari ahead of his own,"

Domenicali's role has been taken over by Ferrari North America CEO Matteo Mattiacci, whose first race as team principal will be this weekend at the Chinese Grand Prix.

Domenicali's is the fourth change in team principal made by the top five teams since the end of last season. We've seen Ross Brawn step down from his role at Mercedes, Eric Boullier bid good bye to Lotus and moved to McLaren as he took over from Martin Whitmarsh.