We establish a tight stability estimate for the Minkowski asymmetry near its maximal value, improving previously known estimates due to Böröczky, Guo, and Schneider. More precisely, if an -dimensional convex body has Minkowski asymmetry for , then its Banach-Mazur distance to the -simplex is at most This dimension-independent estimate is best possible up to the linear order in . As an application, we prove a stability result for the maximal Banach-Mazur distance to the Euclidean ball, improving a previous estimate of Kobos to the optimal linear order: if is at Banach-Mazur distance at least to the ball for , then its Banach-Mazur distance to the -simplex is at most A key ingredient is a positive answer to a conjecture by Belloni and Freund, showing that every convex body contains a translated copy of its volume-minimal circumscribed ellipsoid scaled by a factor . Finally, we apply the stability estimate for the Minkowski asymmetry to obtain improved upper bounds for the diameter of the Banach-Mazur compactum in fixed dimensions.

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