Raikkonen Rejoins Ferrari F-1 Team Four Years After Losing Job

Former Formula One champion Kimi Raikkonen is rejoining the Ferrari team that dropped him four years ago.

Raikkonen, who won the 2007 title with the Italian team, will drive alongside two-time champion Fernando Alonso for the 2014 and 2015 seasons, Ferrari said today in an e-mailed statement. Raikkonen will replace Felipe Massa.

It will be the first time Ferrari paired two champions since 1953 when Giuseppe Farina and Alberto Ascari raced together.

Raikkonen, a 33-year-old Finn, left Formula One to compete in the World Rally Championship for Citroen after being dropped by Ferrari in 2009 and replaced by Alonso.

He returned to the series with Lotus in 2012, winning two races and taking 11 more podium places since then. He’s had 20 career wins, and is fourth in the standings after 12 of 19 races this season.

Brazil’s Massa, 32, has raced for Ferrari since 2006. He took the last of his 11 race wins in 2008, and is seventh in the 2013 championship.

Raikkonen was the last Ferrari driver to win the title. Alonso is second overall this year, 53 points behind Red Bull’s Sebastian Vettel, who’s seeking a fourth consecutive championship.

The next race is in Singapore on Sept. 22, and the season ends in Sao Paulo on Nov. 24.

Before it's here, it's on the Bloomberg Terminal.