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 »
11y ago from GrandPrix.com
0
You May Also Be Interested In...
Montezemolo announces Ferrari exit
Montezemolo announces Ferrari exitPosted On 10 Sep 2014By :...
11y ago from ThisIsF1.com
Ferrari through and through - Luca di Montezemolo in...
Luca di Montezemolo (ITA) Ferrari Team Manager. German Grand Prix, Rd 11,...
11y ago from Formula1.com
Di Montezemolo confirms Ferrari exit
Just days after saying he is ready to stay on as Ferrari chairman for...
11y ago from PlanetF1.com
Montezemolo scotches Ferrari exit rumours
Luca di Montezemolo says he is not leaving Ferrari and that he wants to...
11y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
Inside Marc Marquez’s new approach to racing after...
No description available...
20h ago from Motorsport.com
‘A World Champion cannot do a mistake like that'...
Aprilia CEO Massimo Rivola admits he “would not disagree” if Jorge...
1d ago from MotorsportWeek.c...
MotoGP confirms Aragon to remain on calendar for 2027...
MotoGP has announced that Motorland Aragon will host a race in 2027,...
1d ago from MotorsportWeek.c...
Why the one-bike proposal has left the entire MotoGP...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Myles Rowe: Historic Indy NXT Win at WWTR proves ‘I...
No description available...
1d ago from Motorsport.com
Winners and losers from the IndyCar race at World Wide...
No description available...
2d ago from Motorsport.com
Josef Newgarden did not know Christian Rasmussen...
Josef Newgarden won Sunday night’s thriller at World Wide Technology...
2d ago from MotorsportWeek.c...
Official race results: IndyCar 2026 at WWT Raceway
No description available...
3d ago from Motorsport.com
Popular On TotalWRC.com
Sebastien Loeb to make traditional stage rallying...
No description available...
17h ago from Motorsport.com
Hayden Paddon eyes WRC gravel opportunity with...
No description available...
6d ago from Motorsport.com
Oliver Solberg highlights area he must “work on”...
No description available...
1w ago from Motorsport.com
Hyundai drivers relieved asphalt WRC season is over...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Report: Arsenal open talks to sign 50m midfielder as...
Arsenal’s search for a new central midfielder this summer continues to...
33m ago from FreshArsenal.com
Red cards, ad-breaks, and a feel-good goal
Morning all, happy Friday. I did watch the opening game of the World Cup...
43m ago from Arseblog.com
Ian Wright predicts Golden Boot winner, Dark Horses...
Arsenal legend Ian Wright predicted the Golden Boot winner and dark horses...
12h ago from SportsKeeda.com
Update: Real Madrid given answer on Arsenal star as...
Real Madrid have reportedly switched their focus to Manchester City...
15h ago from CaughtOffside.com
Comments
Hottest News
Verstappen claims Red Bull 'were a bit surprised' after...
Ahead of this weekend's Barcelona-Catalunya Grand... Read More »
1h ago from F1Technical.net
FIA set to review controversial ADUO results over Red Bull...
The FIA has reportedly agreed to review its data... Read More »
33m ago from GPFans.com
How do Hamilton's 79 points confirm his progress at Ferrari?
Ferrari's seven-time world champion Lewis... Read More »
1h ago from F1Technical.net
