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Ex-Ferrari boss Sergio Marchionne dies aged 66
Long-time FCA and Ferrari chief Sergio Marchionne has died, days after relinquishing his roles after his health rapidly worsened. Marchionne took over as the boss of Fiat in 2004 and was widely credited with rejuvenating its fortunes, and that of Chrysler, becoming a powerful figure within the automotive industry. Marchionne became an influential player in Formula 1 after he was appointed as Chairman and Chief Executive of Ferrari in 2014, as a replacement for long-standing chief Luca di Montezemolo. Marchionne represented Ferrari in its negotiations with Formula 1 chiefs over the future direction of the sport, and threatened to withdraw the manufacturer if it felt terms were...
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7y ago from MotorsportWeek.com
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