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Home » Mattia Binotto becomes CEO of TEXA and to develop electric components for sports cars

Mattia Binotto becomes CEO of TEXA and to develop electric components for sports cars. Former Ferrari team boss Mattia Binotto is making a comeback in the automotive world.

The former team principal of the Prancing Horse is making a comeback in the automotive world. TEXA S.p.A. announced today that Mattia Binotto, the ex-team principal of Ferrari, is joining the Board of Directors of the company based in Monastier di Treviso, founded by Bruno Vianello in 1992. Under his leadership, the company has achieved international leadership in the automotive diagnostics sector for cars, motorcycles, and trucks. Binotto has been entrusted with strategically coordinating the ambitious E-Powertrain division.

Mattia Binotto now becomes the CEO of TEXA, working alongside Bruno Vianello, President and CEO, Eugenio Razelli, Vice President, and Massimo Varaschin, Director. The goal is to establish the new e-Powertrain division as a global reference point for the design, production, and supply of new automotive components related to the electrification of vehicles, including engines, inverters, power units, related software, and complete axles, intended for high-performance sports cars.

Mattia Binotto commented on his new role: “Beyond the racing experience that I have always pursued in my life, what attracted me to TEXA is the strategic audacity of its project to build an Italian excellence characterized by the most advanced technologies in new mobility. TEXA aims to establish itself as the global technological standard, thanks to the mobilization of significant investment resources and the attraction of the best talent to be concentrated in Italy, where there is a formidable motor culture to preserve, renew, and now also relaunch.”

Bruno Vianello commented on Mattia Binotto’s entry into the Board of his Group: “I am pleased that a top manager like Mattia, who has gained extraordinary experience in the world of Formula 1, synonymous with high technology and competitiveness, has chosen to enrich the TEXA team with his driving contribution. Together with the rest of the e-Powertrain division team, made up of young and enthusiastic engineers, we aim for intense development that will lead us to achieve important and significant results in the most prestigious segment of the automotive market in a few years. It is a niche where large international groups have already appeared. Competition and comparison with them will certainly be stimulating.”

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TEXA was founded in 1992 and is a leader in the design, industrialization, and construction of diagnostic tools, telediagnostic devices, stations for the maintenance of A/C systems, exhaust gas analyzers, dedicated to cars, motorcycles, trucks, agricultural machinery, and marine engines. The latest frontier is the production of sophisticated Powertrain systems for electric propulsion vehicles. Currently, there are approximately 1000 employees, including over 200 engineers and specialists engaged in Research and Development.

Feb 21, 2024Scuderia Fans
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