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 »
Full Story »
9y ago from F1Pulse.com
0
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
Giacomo Agostini backs 2027 MotoGP rules: “Wings...
No description available...
1h ago from Motorsport.com
Nicolo Bulega: If no 2027 MotoGP move arrives, it's...
Nicolo Bulega believes that not securing a 2027 MotoGP ride wouldn’t be...
5h ago from MotorsportWeek.c...
Injured Maverick Vinales to miss Spanish GP after...
No description available...
7h ago from Motorsport.com
Has Ducati stagnated or have its MotoGP rivals caught...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Jacob Abel returns for second Indy 500 attempt
Abel Motorsports has announced that it will return for a second attempt...
1h ago from MotorsportWeek.c...
IndyCar reveals Push to Pass software failure, won't...
No description available...
2h ago from Motorsport.com
Jacob Abel set to run Indy 500 with Abel Motorsports
No description available...
2h ago from Motorsport.com
How Ayrton Senna's Penske IndyCar test unfolded
No description available...
6h ago from Motorsport.com
Popular On TotalWRC.com
Why Dani Sordo is excited for his WRC topflight return
No description available...
2h ago from Motorsport.com
Ott Tanak lands 2027 WRC car testing role with Toyota
No description available...
3d ago from Motorsport.com
Thierry Neuville wants to "make everyone proud...
No description available...
3d ago from Motorsport.com
The Rally1 rookie proving he belongs in the WRC top...
No description available...
5d ago from Motorsport.com
Popular On GunnersToday.com
'Perhaps that game came at the wrong time' - Martin...
Arsenal icon Martin Keown has highlighted how the absence of two players...
2h ago from SportsKeeda.com
The 10 factors that will decide the Premier League...
They are now effectively neck-and-neck. And what a finale to this Premier...
2h ago from SkySports.com
Arsenal are despondent, but the Premier League race is...
chester City eked a win by the slimmest of margins on Sunday, setting up a...
2h ago from TheGuardian.com
“It looks a bit wrong!” - Erling Haaland reveals...
Erling Haaland has said that his battle with Arsenal defender Gabriel...
3h ago from SportsKeeda.com
Comments
Hottest News
Mercedes F1 chief Toto Wolff urges FIA not to meddle with...
Mercedes F1 chief Toto Wolff has warned the FIA... Read More »
1h ago from GPFans.com
FIA confirms ‘refinements' to F1 regulations in major...
The FIA has confirmed that, after a meeting... Read More »
44m ago from MotorsportWeek.com
F1: 50/50 energy split not crucial to Audi entering F1
Audi boss, Mattia Binotto insists that the 50/50... Read More »
2h ago from Pitpass.com
