Horner said Ferrari’s decision was encouraging for F1 and everyone involved in the business end of the sport.
Ex-Ferrari president Di Montezemolo said Vettel carried no blame for his and the team's struggles, adding that the team was not prepared for the sport's move to hybrid turbo engines in 2014.
Formula 1 2020: Mattia Binotto says Ferrari in the middle of a ‘storm’ ahead of home Italian GP, but denies ‘crisis’
Ferrari’s 2020 slump reached a new low on Saturday when after Vettel wound up last in third and final practice, the team faced the prospect of failing to progress from Q3 in qualifying.
Formula 1 2020: 'We have to stay calm' urges Sebastian Vettel after Ferrari's dismal performance at Belgian GP
Neither Vettel nor Leclerc was able to make any impression, as Ferrari struggled and finished pointless outside the top ten.
Formula 1 2020: Charles Leclerc warns Ferrari fans to not expect ‘any miracles’ at Belgian Grand Prix
Leclerc admitted he and the team had no explanation for the team's slump in form this season — ahead of the next two races which are scheduled to take place on homeground in Italy.
The teams have been asked to sign up to show their agreement with the proposed new terms, which intend to deliver a more equitable distribution of F1's revenue, by 12 August.
Formula 1: Sebastian Vettel and Lewis Hamilton would make a 'super team' at Mercedes, believes ex-F1 chief Bernie Ecclestone
Former Formula 1 chief Bernie Ecclestone has said that Sebastian Vettel and Lewis Hamilton would make a “super team” at Mercedes if he ends up there and it might prove beneficial for the sport.
Sebastian Vettel - Ferrari to part ways: After five seasons, a promising partnership ends without much fancied World Championship
Vettel now joins an illustrious list of former world champions (Fernando Alonso and Alain Prost) who arrived at Ferrari with the expectation to win but couldn’t do so.
Ferrari have extended Charles Leclerc’s Formula One contract for five more years and to the end of the 2024 season, the Italian team announced on Monday.
Formula 1 2019: Valtteri Bottas emerges fastest in first practice of Abu Dhabi GP; Sebastian Vettel spins out
Valtteri Bottas lapped fastest for Mercedes in first practice for the season-ending Abu Dhabi Formula One Grand Prix on Friday while Ferrari’s Sebastian Vettel spun and hit the barriers to end the session.
Formula 1 2019: Ferrari's Charles LeClerc to take grid penalty at Brazilian Grand Prix for getting engine replaced
Ferrari’s Charles Leclerc will take a grid penalty at this weekend’s Brazilian Formula One Grand Prix after team boss Mattia Binotto said his car’s power unit was damaged and needed replacing.
Formula 1 2019: Charles Leclerc to get upgraded power unit at Italian GP as Ferrari hope to end Mercedes' streak at Monza
Charles Leclerc will be propelled by an upgraded Ferrari power unit and his own raw emotions, this weekend when he bids to claim a second career victory at the Italian Grand Prix.
Formula 1 2019 mid-season review: Lewis Hamilton-Max Verstappen rivalry heats up, McLaren stand out in mid-field battle
From Ferrari’s fading away in the championships to Max Verstappen’s meteoric rise and from delivering snooze-fest races to the humdinger the last four races before the summer break, the current season has placed Formula 1 on a crescendo
Arrivabene's contract has not been renewed following another disappointing season, with management errors blamed for the team missing out once again to Lewis Hamilton's Mercedes.
Russian Grand Prix: Sebastian Vettel admits he didn't see Lewis Hamilton in rear-view mirrors during mid-race battle
Sebastian Vettel was accused of performing a double-defensive move by Lewis Hamilton as he blocked the Mercedes driver to stop him passing.
Antonio Giovinazzi will join up with Kimi Raikkonen at Sauber after the Finn recently signed a two-year contract to race with the Swiss outfit.
Formula One: Dissecting the moves of Charles Leclerc to Ferrari, Kimi Raikkonen to Sauber and it's impact on F1 dynamics
Perhaps the thought on everyone’s mind was whether Ferrari swapped their last world champion, Kimi Raikkonen, with a driver they believed could be their next world champion, Charles Leclerc.
Italian Grand Prix: Kimi Raikkonen smashes all-time fastest lap record as Ferrari lock out front row
Kimi Raikkonen smashed Formula One's all-time fastest lap record as he outpaced team-mate Sebastian Vettel to grab pole position Saturday for the Italian Grand Prix.
German Grand Prix: Mercedes concerned by Ferrari's surge in power output after Sebastian Vettel storms to pole
Mercedes had previously enjoyed an overall power advantage, which has been a key factor in their domination in recent seasons.
Under-fire Dutchman Max Verstappen topped the times for Red Bull in Friday morning's action-packed opening free practice session for this weekend's Canadian Grand Prix.