News Details
Ferrari chairman quits
Ferrari chairman Luca Cordero di Montezemolo is quitting the Italian sports car maker to be replaced by the boss of parent group Fiat, Sergio Marchionne, after the two auto industry heavyweights clashed over strategy and the Formula One team's poor results. Long-serving Montezemolo, a protege of Fiat's founding Agnelli family, will formally step down on October 13, the day that Marchionne plans to list the newly merged Fiat Chrysler Automobiles (FCA) in New York, Fiat and Montezemolo said in separate statements. Under Montezemolo's tenure, Ferrari raced to the front of the Formula One grid, increased revenues tenfold and tripled sales volumes, helping the Italian family business become...
Full Story »
Full Story »
10y ago from SuperSport.com
0
You May Also Be Interested In...
Marchionne says even Montezemolo 'can be replaced'
An obvious dispute is playing out between Ferrari president Luca di...
10y ago from F1Zone.net
Fiat boss critical of Montezemolo
Sergio Marchionne, CEO of Ferrari's parent company Fiat, has criticised...
10y ago from Pitpass.com
Fiat boss critical of Montezemolo's comments
Scuderia Ferrari
Fiat boss Sergio Marchionne has criticised comments made...
10y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez cruises to MotoGP Sprint victory at Jerez
Ducati’s Marc Marquez cantered to a record-equalling fifth consecutive...
7h ago from MotorsportWeek.c...
Pedro Acosta still ‘focused' on KTM amid Honda...
Pedro Acosta's manager Albert Valera has provided an update regarding his...
7h ago from MotorsportWeek.c...
Nicolo Bulega: Cremona ‘maybe the best weekend’ in...
Nicolo Bulega says “it’s incredible” to complete the Cremona...
11h ago from MotorsportWeek.c...
MotoGP teams agree on new rule for riders returning...
No description available...
13h ago from Motorsport.com
Popular On IndyCarToday.com
The game-changing decision that put Christian...
No description available...
6h ago from Motorsport.com
Rinus VeeKay’s defensive masterclass leads to best...
Sunday’s IndyCar race at Barber proved to be one of the best in some...
6h ago from MotorsportWeek.c...
Christian Lundgaard ‘could not have dreamed’ of...
Christian Lundgaard has logged a sensational trio of races, and has...
11h ago from MotorsportWeek.c...
From three-peats to 'last pick' success: IndyCar's...
No description available...
14h ago from Motorsport.com
Popular On TotalWRC.com
Rally Portugal set to feature record-equaling WRC...
No description available...
4d ago from Motorsport.com
Hyundai was 'clearly unprepared' for WRC Canary...
No description available...
5d ago from Motorsport.com
Toyota Gazoo Racing's silver lining
Toyota Gazoo Racing has a silver lining, literally. Not content with a...
1w ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal transfer news update: Bundesliga star...
Arsenal are reportedly ready to pounce on the chance to sign a Bundesliga...
2h ago from SportsMole.co.uk
Chelsea set for transfer battle with Arsenal,...
Chelsea will reportedly have to get the better of Arsenal and Liverpool if...
1h ago from SportsMole.co.uk
Arsenal launch 60m offer for 26-year-old striker ahead...
Arsenal have reportedly launched a bid to sign Chelsea and Manchester...
1h ago from SportsKeeda.com
Confirmed: Midfielder to leave Arsenal this summer,...
Jorginho will leave Arsenal this summer to join Flamengo on a free...
2h ago from FreshArsenal.com
Comments
Hottest News
Two dead, one critical after tragic bike racing accident
This is terrible news for the motorsport... Read More »
3h ago from RacingNews365.com
Toto Wolff delivers 'no doubt' McLaren verdict as Red Bull...
Toto Wolff has provided his view on the whether... Read More »
15h ago from RacingNews365.com
F1 fans faced with staggering food and drink prices at...
Formula 1 paddock photographer Kym Illman... Read More »
4h ago from GPFans.com
