Connect with us

2018 F1

Ex Ferrari president Sergio Marchionne dies after suffering complications following surgery

Published

on

  • 1
    Share

Former Ferrari boss Sergio Marchionne has died aged 66, following suffering complications following recent surgery in a Zurich hospital

Last week it was reported that Marchionne had resigned from his role at Fiat chief, the company quoting illness as the reason for his departure.

He fell gravely ill after what the company had described as shoulder surgery in a Zurich hospital just days after he was replaced as chief executive after Fiat Chrysler (FCA) said his condition had get worse.
Today he passed away – “Unfortunately, what we feared has come to pass. Sergio Marchionne, man and friend, is gone,” FCA chairman John Elkann said in a statement.

“I believe that the best way to honor his memory is to build on the legacy he left us, continuing to develop the human values of responsibility and openness of which he was the most ardent champion.

“My family and I will be forever grateful for what he has done. Our thoughts are with Manuela, and his sons Alessio and Tyler. I would ask again everyone to respect the privacy of Sergio’s family.”

Marchionne, who was also the Chairman and CEO of Fiat Chrysler Automobiles, had been running Ferrari since taking over from Luca de Montezemolo in 2014.

On Saturday, FCA named Jeep division head Mike Manley as chief executive at the world’s seventh-largest carmaker, saying the 54-year-old Briton would execute a new mid-term strategy that Marchionne had outlined in June.

Loading...

Comments

Latest Results

Latest F1 News

2019 F12 days ago

2019 British GP Race Results

1ShareChampionship leader Lewis Hamilton wins a record sixth British Grand with an incredible home victory. Pole sitter Valtteri Bottas finished...

2019 F15 days ago

2020 race seat for Ocon 100 Percent sure

1ShareEsteban Ocon’s chances of returning to the Formula 1 grid next year stand at “100 per cent”. That is the...

2019 F15 days ago

Berger not sure Hamilton best ever driver

1ShareGerhard Berger is not so sure that Lewis Hamilton is the best F1 driver of all time. This year, Lewis...

2019 F15 days ago

Ricciardo not ready to sign new Renault deal

1ShareDaniel Ricciardo says he is not ready to sign a contract extension at Renault. In the past days, the Australian...

2019 F15 days ago

Haas title sponsor terminates F1 deal

1ShareHaas’ controversial title sponsor has pulled the plug. In a single bizarre tweet, Rich Energy announced that the deal has...

2019 F15 days ago

Silverstone still concerned about London GP

1ShareEven with a new five-year contract signed with Silverstone, Liberty is not ruling out a Formula 1 race in London....

2019 F16 days ago

Verstappen is the best driver in F1 – Horner

1ShareMax Verstappen has stepped confidently into the driver leadership position at Red Bull, following the departure of Daniel Ricciardo. That...

2019 F16 days ago

Gasly can do much more for Red Bull – Horner

1ShareAmid intensifying speculation about Pierre Gasly’s future, the Frenchman’s bosses insist they are still supporting him. Rumours Gasly could be...

2019 F16 days ago

Ferrari still trusts Vettel – Binotto

1ShareMattia Binotto has called for more “patience” as he admits Ferrari’s 2019 car is not yet a match for Mercedes’....

2019 F17 days ago

F1 stars say Silverstone must stay

1ShareA trio of F1 stars say Silverstone must stay on the F1 calendar. Amid uncertainty about the historic race’s future,...

Most Popular

ThisisF1.com is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV, Formula One World Championship Ltd or any other organization or entity associated with the official Formula One governing organizations or their shareholders. Copyrighted material used under Fair Use/Fair Comment.

References
We could use the following leading F1 news sources for stories: SkyF1, BBC F1, Autosport, ESPN F1, FIA Media Center, MotorSport, JamesAllen and others leading authors blog.

All Rights Reserved © 2017 Prime Sport Media