Ferrari have reportedly paid extra cash to Mattia Binotto to prevent their former team principal from signing for another team this year.
The Italian resigned from his post at the end of last season following the collapse of their title bid midway through the campaign. It is understood he felt he no longer had the full confidence of executive chairman John Elkann and chose to leave on his own terms.
Ferrari have already moved on and announced Frederic Vasseur as his replacement in December. The Frenchman introduced himself to the team and began to get familiar with the way things work at Maranello before officially starting the job this week.
