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
Alvaro Bautista comments on Toprak Razgatlioglu's 2026...
Two-time WorldSBK champion Alvaro Bautista shared what he would do if he...
20h ago from MotorsportWeek.c...
To crack the US, MotoGP should do a double-header in...
No description available...
23h ago from Motorsport.com
Yamaha set to confirm new inline-four MotoGP engine at...
Yamaha admits it is likely to use its updated inline-four MotoGP engine...
4d ago from MotorsportWeek.c...
How Alex Marquez won the MotoGP Spanish GP the Marc...
No description available...
2d ago from Motorsport.com
Popular On IndyCarToday.com
IndyCar Barber – Qualifying Results
IndyCar completed a knockout qualifying session on Saturday afternoon,...
16h ago from MotorsportWeek.c...
Another round of Alex Palou perfection as he snags...
No description available...
15h ago from Motorsport.com
Alex Palou flies to IndyCar pole at Barber
The NTT IndyCar Series took to Barber Motorsports Park on Saturday...
16h ago from MotorsportWeek.c...
IndyCar modifies tire allocation rules for Indy GP
The NTT IndyCar Series has announced a change to the tire allocation...
15h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Rally Portugal set to feature record-equaling WRC...
No description available...
3d ago from Motorsport.com
Hyundai was 'clearly unprepared' for WRC Canary...
No description available...
4d ago from Motorsport.com
Toyota Gazoo Racing's silver lining
Toyota Gazoo Racing has a silver lining, literally. Not content with a...
5d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal could face UEFA sanction after fans were...
Arsenal could face sanction from UEFA after a few fans were seen making...
30m ago from SportsKeeda.com
Arsenal interest in Real Madrid superstar confirmed in...
Arsenal are in the market for a new left winger, and their bid to address...
1h ago from CaughtOffside.com
Arsenal identify Real Madrid target as the ideal...
Arsenal have reportedly identified Real Madrid target Martin Zubimendi as...
2h ago from SportsKeeda.com
Report: Arsenal in contention to sign Olympics gold...
Arsenal continue to be linked with a move for the Spanish international...
4h ago from CaughtOffside.com
Comments
Hottest News
F1 News Today: Miami Grand Prix sprint race result changes...
After the chequered flag had been waved in the... Read More »
7h ago from GPFans.com
'I might punch someone': Furious Dan Ticktum receives David...
Dan Ticktum painted an outraged figure following... Read More »
50m ago from RacingNews365.com
Toto Wolff speaks out on ‘security concerns' after...
Red Bull team principal Christian Horner issued a... Read More »
4h ago from Formula1News.co.uk