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Vettel sticks with Ferrari for three more years in 'a no-brainer' move

SPA-FRANCORCHAMPS, Belgium (Reuters) - Sebastian Vettel ended speculation about his immediate Formula One future by signing a three-year contract extension with Ferrari on Saturday. The Italian team, the sport's most successful and glamorous, said the new deal covered the 2018, 2019 and 2020 seasons but gave no further details in a statement of just 30 words. There will be inevitable questions about possible release clauses, not to mention speculation about how many tens of millions of dollars the 30-year-old German will be earning over the period. But the news, at the Belgian Grand Prix and a week before his team's home Italian race at Monza, will allow Ferrari to concentrate on fighting for the championship without distraction. "I love this team. I love the people who are working for this brand," Vettel told reporters later. "Ferrari has something unique, something that other teams don't have. People talk about a legend. To me it appears that this legend is still alive because of the people who work for it, day in, day out. "In a way, it was a no-brainer to continue. We haven't yet achieved what we wanted to achieve but things are looking pretty good, and obviously we have a long road ahead of us," he added. The four-times champion, who joined Ferrari from Red Bull in 2015, is 14 points clear of Mercedes rival Lewis Hamilton in the current standings with nine races remaining. The German had been out of contract at the end of this season and there had been speculation about a possible switch to Mercedes -- a move that would have sent a tremor through the paddock. Hamilton, a triple world champion who has one more year left on his Mercedes contract, laughed off that possibility earlier in the week when he told reporters that his rival did not want to be his team mate. Niki Lauda, the Mercedes non-executive chairman, told Sky Sports that there had been talks with Vettel but team principal Toto Wolff said that was not the case. Vettel's Finnish team mate, Kimi Raikkonen, the 2007 world champion, has already agreed a contract extension for 2018, keeping Ferrari's line-up unchanged for next year. Raikkonen, 37, and Vettel get on well, with the Finn playing the role of loyal sidekick to the team's main championship contender. Mercedes are now likely to retain Finland's Valtteri Bottas, who joined in January from Williams as a replacement for now-retired 2016 champion Nico Rosberg on a one-year deal with options.

Who are Mike Manley, Louis Camilleri, and Suzanne Heywood?

MILAN – Fiat Chrysler aid on Saturday that boss Sergio Marchionne, 66, would not be returning to work because he was gravely ill. In addition to being FCA chief executive, Marchionne was also CEO and chairman of luxury sports car brand Ferrari and chairman of truck and tractor maker CNH Industrial, which were spun off from FCA in recent years. Following is a brief summary on the executives who have been appointed to replace him in the various roles: MIKE MANLEY The 54-year-old Briton picked to become the FCA's new CEO has been leading the group's top brand Jeep since 2009, first as Jeep President and CEO at Chrysler and then as FCA's Jeep head. In 2015 he was also appointed head of the Ram brand. Under his tenure, Jeep turned into a global brand becoming, together with Ram, FCA's profit engine. Jeep sold nearly 1.4 million cars last year compared with less than 338,000 in 2009. Manley had worked as DaimlerChrysler's head of network development in Britain since 2000, having earlier worked for several years in car dealership. At Chrysler, he headed product planning and all sales activities outside of North America and then became the group's chief operating officer for Asia and the lead executive for the international activities outside of NAFTA. LOUIS CAMILLERI The new Ferrari CEO was already a board member at the luxury sportscar maker before his latest appointment. He is also the chairman of Philip Morris International, where he also held the job of CEO from 2008 to 2013. Born in 1955, Camilleri had joined Altria Group, which controls Philip Morris, in 1978 holding various positions until he became chief financial officer in 1996 and then CEO in 2002. Camilleri was also chairman of Kraft Foods from 2002 to 2007. Malta's Prime Minister Joseph Muscat wished Camilleri luck on Twitter saying he was proud to have "a bit of Malta in Ferrari" thanks to the new CEO, who was born in Egypt to Maltese parents. SUZANNE HEYWOOD The new, British-born chairwoman of CNH Industrial has been since 2016 the managing director of EXOR, the holding company through which the Agnelli family controls FCA. Heywood, 49, started her career at the British Treasury and then joined McKinsey in 1997, leading for many years the consultancy firm's global service line on organization design. She eventually became a senior partner there. Heywood sits on the board of The Economist, which is controlled by EXOR, and the board of the Royal Opera House, where she is also deputy chair.

Xcar goes analog with the Ferrari F40

We will forever be in love with the Ferrari F40. From its blunt-force appearance to its 2.9-liter twin-turbocharged V8 engine living and breathing perilously close to the driver's head, the F40, the last model designed and built with input from Enzo Ferrari himself, has been and likely always will be the Ferrari of Ferraris for automotive enthusiasts who grew up in the 1980s.
All of this raises an interesting question: is the Ferrari F40 the best supercar of all time? A case can certainly be made, and after watching - and, just as importantly, listening to - all 17 minutes of blood-red Italian glory from Xcar, you're going to have to try long and hard to convince us that anything could be sweeter than this particular Prancing Horse.
Watch the video above, aptly titled Analogue Animal. You owe it to yourself. So go ahead, sit back, turn up your speakers and click play.