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Former Ferrari president Marchionne dies at 66

Sergio Marchionne has died at the age of 66, just days after being replaced as president and CEO of Ferrari. According to reports in Italy, the former Scuderia chief was suffering from cancer, prompting a succession plan to be rushed forward after complications as a result of surgery. John Elkann replaced Marchionne as Ferrari chairman on Friday, with Louis Camilleri nominated to full the role of CEO and placed in charge immediately. "Unfortunately, what we feared has come to pass. Sergio Marchionne, man and friend, is gone," Elkann said in a statement. "I believe that the best way to honour his memory is to build on the legacy he left us, continuing to develop the human...
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