News Details
Montezemolo exit rocks crisis-struck Ferrari
Despite securing $35 million as he walks away, Luca di Montezemolo had a tear in his eye on Wednesday 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 EUR 27 million parting fee, including a pledge he will not work for a Fiat rival until 2017.
He admitted on Wednesday that it is possible he will go on to...
Full Story »
Full Story »
10y ago from GrandPrix.com
0
You May Also Be Interested In...
Montezemolo announces Ferrari exit
Montezemolo announces Ferrari exitPosted On 10 Sep 2014By :...
10y ago from ThisIsF1.com
Ferrari through and through - Luca di Montezemolo in...
Luca di Montezemolo (ITA) Ferrari Team Manager. German Grand Prix, Rd 11,...
10y ago from Formula1.com
Di Montezemolo confirms Ferrari exit
Just days after saying he is ready to stay on as Ferrari chairman for...
10y ago from PlanetF1.com
Montezemolo scotches Ferrari exit rumours
Luca di Montezemolo says he is not leaving Ferrari and that he wants to...
10y ago from Crash.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...
12h 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...
8h ago from MotorsportWeek.c...
Translating the Chili Bowl's lessons into Ferrucci's...
No description available...
9h ago from Motorsport.com
Kyle Larson is taking a much more laid-back approach...
No description available...
6h ago from Motorsport.com
End of an era: Reynard’s last US open wheel win
No description available...
9h 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...
16h ago from MotorsportWeek.c...
Sesks secures WRC Rally1 return with M-Sport
No description available...
17h 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 could make late move to steal Kolo Muani in...
There is a surprise twist in the Randal Kolo Muani saga with Arsenal...
2h ago from CaughtOffside.com
Arsenal transfer news: Out-of-contract Gunners man...
Arsenal midfielder Jorginho is reportedly on the radar of Brazilian club...
1h ago from SportsMole.co.uk
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 »
7h ago from GPFans.com
Hungaroring offers update on its comprehensive...
When entering the Hungaroring paddock this July,... Read More »
35m ago from F1Technical.net
Revealed: Sainz feedback on 'completely different' Williams
Carlos Sainz's 'first day at school' with... Read More »
10h ago from RacingNews365.com
