News Details

Di Montezemolo steps down from Ferrari

Ferrari president Luca di Montezemolo has confirmed he will leave the company next month, ending speculation over his future at Ferrari and the F1 team. The 63-year-old has been with the Italian marque for 23 years, but a decision by Ferrari's parent company Fiat-Chrysler to float on the New York Stock Exchange has prompted his departure. "Ferrari will have an important role to play within the FCA Group [Fiat-Chrysler Automotive] in the upcoming flotation on Wall Street. This will open up a new and different phase which I feel should be spearheaded by the CEO of the Group," he said. "This is the end of an era and so I have decided to leave my position as chairman after almost...
Full Story »
10y ago from TheF1Times.com 0
Share

You May Also Be Interested In...

Montezemolo steps down as Ferrari president

Scuderia Ferrari Luca di Montezemolo has confirmed that he is stepping...
10y ago from F1Zone.net

Di Montezemolo to step down from Ferrari roleDi...

Luca di Montezemolo (ITA) Ferrari President. Formula One World...
10y ago from Formula1.com

Fiat boss criticises Di Montezemolo's comments

Fiat chief executive Sergio Marchionne has criticised Ferrari president...
10y ago from TheF1Times.com

Montezemolo to leave Ferrari, Fiat CEO to take over

Ferrari president Luca di Montezemolo will leave the company next month...
10y ago from F1Pulse.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Will Power leads Team Penske to IndyCar pole at Gateway

World Wide Technology Raceway was the site of qualifying on Saturday...

IndyCar Gateway – Qualifying Results

The first short oval race of the season is on tap this weekend, and a...

Newgarden tops rain-affected IndyCar practice from...

IndyCar finally was able to complete its first practice session of the...
13h ago from MotorsportWeek.c...

Popular On TotalWRC.com

Popular On GunnersToday.com

Arsenal showing serious interest in 17-G/A forward...

Arsenal have now joined the race to sign the Borussia Dortmund attacker...
46m ago from CaughtOffside.com

Arsenal knocking on the door to sign £53 million...

Arsenal have launched a concerted push to sign Athletic Bilbao’s...
26m ago from CaughtOffside.com

Arsenal target tells Lamine Yamal he wants to join...

Arsenal target Nico Williams has reportedly told Spanish teammate Lamine...
2h ago from SportsKeeda.com

Assessing

Good morning Arse folk, Tim here taking over the reins today and tomorrow....
2h ago from Arseblog.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.