News Details

Ferrari names Marchionne as CEO, seeks to regain F1 glory

Sergio Marchionne took full control of super sports carmaker Ferrari NV, adding the CEO title on Monday to that of chairman as he positions the carmaker in the luxury goods space and seeks to regain Formula One glory. Marchionne's replacement of CEO Amedeo Felisa came as Ferrari posted its best first-quarter earnings ever, a 19-percent increase in net profit to €78 million ($89.5 million). That compares with €65 million in the same period last year. 'I remain as bullish on the prospects for this company as I was when I present Ferrari to the markets,' Marchionne, who is also CEO of mass-market carmaker Fiat Chrysler, told an analyst conference call. 'We are just now beginning...
Full Story »
9y ago from F1Pulse.com 0
Share

You May Also Be Interested In...

Sergio Marchionne appointed as Ferrari’s new CEO

Sergio Marchionne, appointed as Ferrari's CEO, with Ferrari F1 team Chief...
9y ago from ThisIsF1.com

Ferrari must close gap quickly – Sergio Marchionne

Ferrari must close gap quickly – Sergio Marchionne Ferrari...
9y ago from ThisIsF1.com

Sergio Marchionne: 'It breaks my soul to see Ferrari...

Ferrari chairman Sergio Marchionne says it 'breaks his soul' to see...
9y ago from GrandPrixTimes.com

Marchionne appointed Ferrari CEO

Ferrari has announced that following the retirement of its Chief...
9y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Jorge Martin confirms intention to leave Aprilia at...

Reigning World Champion Jorge Martin has released a statement confirming...
47m ago from MotorsportWeek.c...

Honda MotoGP Luca Marini suffers major injury in...

Honda HRC Castrol MotoGP rider Luca Marini sustained major injuries...
16h ago from MotorsportWeek.c...

‘Major acceleration' in talks between Toprak...

Reports state that there has been a "major acceleration" in...
21h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Veteran engineer Michael Cannon returns to Dale Coyne...

Dale Coyne Racing has announced that it has re-hired expert engineer...
14h ago from MotorsportWeek.c...

Three drivers lose Indy 500 finishing positions after...

The NTT IndyCar Series has penalized three drivers following the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Exclusive: Man United plan talks for coming days in...

Manchester United are not giving up on a potential transfer move for...
57m ago from CaughtOffside.com

Chelsea's record in 13 previous European finals after...

>strong>Sports Mole looks at Chelsea's record in previous European...
2h ago from SportsMole.co.uk

Exclusive Arsenal column: Julian Alvarez transfer...

Julian Alvarez looks like just what Arsenal need, but is it realistic?...
1h ago from CaughtOffside.com

Martin Zubimendi set for a medical as Leroy Sane gets...

Morning all. Transfer stuff has started buzzing with news from yesterday,...
3h ago from Arseblog.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.