2014 F1

Montezemolo announces Ferrari exit

Luca-di-Montezemolo-Ferrari-exit
Luca di Montezemolo has ended the intense speculation about his future by announcing his departure as Ferrari’s long-time president.

In a media statement on Wednesday, the 67-year-old said it is the “end of an era” for Ferrari ahead of the floatation of the Fiat-Chrysler group in New York.

“This will open up a new and different phase which I feel should be spearheaded by the CEO of the group,” said Montezemolo, referring to Sergio Marchionne.

“Ferrari is the most wonderful company in the world,” he added. “It has been a great privilege and honour to have been its leader.” (GMM)

Facebook Comments
Loading...
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ThisisF1.com is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV or any other subsidiary associated with the official Formula One governing organizations The website is an unofficial website, all names and logos used here are property of their respective owners, more specially FORMULA 1, FORMULA ONE, F1, GRAND PRIX and logos and the wide Curves logo are trademarks of Formula One Licensing BV, a Formula One Group Company. Use or depiction of images or trademarks throughout this website is for illustrative and editorial purposes only. Official Formula One information can be found at www.formula1.com

Copyright © 2015 Thisisf1.com

To Top