News Details
Montezemolo: I have decided to leave my position
End of an era: Luca di Montezemolo departs Ferrari
Luca di Montezemolo has ended the intense speculation about his future by announcing his departure as Ferrari's long-time president.
In a media statement on Wednesday, the 67-year-old said it is the 'end of an era' for Ferrari ahead of the floatation of the Fiat-Chrysler group in New York.
Montezemolo said: 'This is the end of an era and so I have decided to leave my position as Chairman after almost 23 marvellous and unforgettable years in addition to those spent at Enzo Ferrari's side in the 1970s,' said di Montezemolo.
'My thanks, first and foremost, to the exceptional Ferrari women and men from the factory, the offices, the race tracks...
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