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Luca di Montezemolo set to remain Ferrari president role

Ferrari President Luca di Montezemolo set to remain in charge of the Italian Formula 1 team even if he decides to not fight for a seat in the Italian Parliament. He has been Ferrari president since 1991.

The Ferrari president has not yet made his plans clear but is gathering support for Prime Minister Mario Monti for another term in office.

Di Montezemolo formed the Italia Futura political association in 2009 with a view to gaining power in this year’s general elections.

Although, Di Montezemolo previously admitted that it would be very hard for him to keep both the roles if he chooses to go to politics, but he insisted that he will manage. Also, he said that the Ferrari will always be his first main concern.

“I will not run for a seat, I will leave room to the many quality people who have supported and worked for the association these years. It’s only fair that they should be the main players.” Di Montezemolo told Italian newspaper La Repubblica.

“Italia Futura is about to turn into something a lot wider and diverse, and I won’t be the leader of that,” he added.

“Obviously it will be the political home for myself, for tens of thousands of Italia Futura associates, and for millions of voters who will choose it. I will support it with determination before and after the elections, but in a position that won’t lead to any suspicions of conflicts of interests.”


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