News Details
Montezemolo exit from Ferrari rocks F1 world
Luca di Montezemolo's reign at Ferrari is over
Despite securing $35 million payout as he walks away from his high profile job at Maranello, Luca di Montezemolo had a tear in his eye on as he said farewell to Ferrari.
Although he was president, and although his presence at Maranello dates back decades, the 67-year-old is just the latest head to roll amid Ferrari's spiralling crisis.
'Our common desire to see Ferrari express its true potential on the track led us to some misunderstandings,' admitted Fiat chairman Sergio Marchionne, Montezemolo's successor.
Charismatic and controversial, Montezemolo has secured a $35 million parting fee, including a pledge he will not work for a Fiat rival...
Full Story »
Full Story »
10y ago from GrandPrix247.com
0
You May Also Be Interested In...
Is Montezemolo stepping down as Ferrari president?
Luca di Montezemolo at the helm of Ferrari
Speculation is rife that Luca...
10y ago from GrandPrix247.com
Ferrari president Montezemolo stepping down – Report
Ferrari president Montezemolo stepping down – ReportPosted On 05...
10y ago from ThisIsF1.com
Montezemolo: I am with Ferrari another three years
Luca di Montezemolo at Monza
Luca di Montezemolo played down swirling...
10y ago from GrandPrix247.com
Marchionne says even Montezemolo 'can be replaced'
An obvious dispute is playing out between Ferrari president Luca di...
10y ago from F1Zone.net
Elsewhere On The Network
Popular On MGPToday.com
Trackhouse Racing unveil 2025 MotoGP livery
On Tuesday afternoon in Charlotte, North Carolina, Trackhouse Racing...
7h ago from MotorsportWeek.c...
Dall'Igna on Newey comparisons: My decisions go...
No description available...
11h ago from Motorsport.com
What Motorsport.com is looking forward to in 2025
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
FOX Sports confirms broadcast team as it assumes...
FOX Sports has announced the trio of talent that will present the NTT...
7h ago from MotorsportWeek.c...
Kyle Larson is taking a much more laid-back approach...
No description available...
5h ago from Motorsport.com
Translating the Chili Bowl's lessons into Ferrucci's...
No description available...
9h ago from Motorsport.com
End of an era: Reynard’s last US open wheel win
No description available...
8h ago from Motorsport.com
Popular On TotalWRC.com
Dakar 2025, Stage 9: Al-Attiyah takes victory as...
No description available...
14h ago from Motorsport.com
Mārtiņš Sesks back for six-round WRC campaign
M-Sport Ford has announced that Mārtiņš Sesks and Renārs Francis will...
15h ago from MotorsportWeek.c...
Sesks secures WRC Rally1 return with M-Sport
No description available...
16h ago from Motorsport.com
Dakar 2025, Stage 8: Lategan dominates to extend lead...
No description available...
1d ago from Motorsport.com
Popular On GunnersToday.com
Arsenal transfer news: Out-of-contract Gunners man...
Arsenal midfielder Jorginho is reportedly on the radar of Brazilian club...
58m ago from SportsMole.co.uk
Arsenal could make late move to steal Kolo Muani in...
There is a surprise twist in the Randal Kolo Muani saga with Arsenal...
1h ago from CaughtOffside.com
Mikel Arteta future: Arsenal sack verdict delivered as...
Arsenal expert Charles Watts can understand why the 'spotlight is shining'...
4h ago from SportsMole.co.uk
Comments
Hottest News
Ricciardo COMEBACK and Ferrari chaos as brutal F1 axe looms
It's not just the regular Formula 1 season that... Read More »
6h ago from GPFans.com
Ricciardo REPLACEMENT pressure revealed as sacked star...
Daniel Ricciardo's Formula 1 replacement Liam... Read More »
1h ago from GPFans.com
Hamilton handed huge blow as SACKED star dominates
Lewis Hamilton has been handed a shock blow, as... Read More »
4h ago from GPFans.com
