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 »
11y 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...
11y ago from F1Zone.net
Fiat boss critical of Montezemolo
Sergio Marchionne, CEO of Ferrari's parent company Fiat, has criticised...
11y ago from Pitpass.com
Fiat boss critical of Montezemolo's comments
Scuderia Ferrari
Fiat boss Sergio Marchionne has criticised comments made...
11y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Francesco Bagnaia: I have potential to make Marc...
No description available...
1h ago from Motorsport.com
Fabio Di Giannantonio: Ducati no longer have an edge...
Fabio Di Giannantonio believes Ducati no longer have an edge over rival...
7h ago from MotorsportWeek.c...
Marc Marquez and Ducati set for two-year MotoGP...
No description available...
1d ago from Motorsport.com
Marc Marquez, Francesco Bagnaia unveil retro-inspired...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Pato O’Ward joined by F2 champion in McLaren F1...
McLaren has announced its driver development program lineup for 2026,...
5d ago from MotorsportWeek.c...
Long Beach to bring in new leadership for iconic event
Organizers of the annual Grand Prix of Long Beach event have announced...
4d ago from MotorsportWeek.c...
Grand Prix of Long Beach set for leadership change
No description available...
5d ago from Motorsport.com
Kucharczyk set for 2026 Indy NXT run with HMD
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Ogier still has motivation “to go for...
No description available...
3h ago from Motorsport.com
Sebastien Loeb after 13 Dakar punctures: Cars now...
No description available...
2d ago from Motorsport.com
Dakar 2026: Dacia edges Ford and Toyota as Nasser...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Mikel Arteta in awe of La Liga gem, Arsenal would need...
Arsenal continue to be linked with a move for the Real Madrid attacker...
1h ago from CaughtOffside.com
Arsenal’s Ethan Nwaneri poised for Marseille loan in...
t;li>Crystal Palace and West Ham also keen on midfielderOleksandr...
4h ago from TheGuardian.com
“The only one that concerns me” - Danny Murphy...
Pundit Danny Murphy has pointed to Arsenal as clear favourites for the...
5h ago from SportsKeeda.com
Arsenal hold positive talks with Ligue 1 club for the...
Marseille are reportedly on the verge of securing a loan deal for highly...
7h ago from CaughtOffside.com
Comments
Hottest News
Honda admits ‘we will struggle' in 2026 as power unit...
Honda has admitted that its new F1 power unit... Read More »
4h ago from MotorsportWeek.com
Will this be Mercedes' brand new livery?
The first launches of some of the new Formula 1... Read More »
2h ago from RacingNews365.com
Audi F1 2026 car launch today: Watch the big reveal LIVE
One of the two new names on the F1 grid will... Read More »
1h ago from GPFans.com
