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.

Comments

Latest Results




Latest F1 News

2019 F119 hours ago

Ferrari F1 launch the SF90 for 2019 F1 season

1ShareThe championship bidder Ferrari unveiled their 2019 F1 car, the SF90. In a launch event at the Ferrari HQ, the...

2019 F124 hours ago

Formula E boss not ruling out F1 merger

1ShareAlejandro Agag, the boss of Formula E, is not ruling out a “long term” merger with formula one. Once dismissed...

2019 F124 hours ago

F1 will not scrap Friday practice

1ShareF1 is not about to scrap Friday practice. That is the claim of Francois Dumontier, boss of the Canadian grand...

2019 F11 day ago

Alonso is de-facto reserve driver – Brown

1ShareFernando Alonso might be regarded as a de-facto “reserve driver” at McLaren this year. That is the news from team...

2019 F11 day ago

Stroll aims to avoid war of words with Williams

1ShareLance Stroll has hit back after his former boss accused him recently of arriving in F1 “too early”. Stroll, now...

2019 F11 day ago

Lack of partner team no problem for Renault – Prost

1ShareAlain Prost says Renault is not missing out by not having a ‘junior’ partner team. Red Bull and Toro Rosso...

2019 F11 day ago

New Alfa Romeo has revolutionary front wing

1ShareSauber’s Alfa Romeo-branded new car for 2019 turned heads when it hit the Fiorano circuit for a shakedown on Thursday....

2019 F12 days ago

Kimi Raikkonen debuts 2019 Alfa Romeo Racing F1 car

1ShareAlfa Romeo Racing’s 2019 F1 car hits the track for the first time at Italy. These first images from Fiorano...

2019 F12 days ago

McLaren launches its 2019 F1 car MCL34

1ShareMcLaren has launched its 2019 F1 car, the Renault-powered MCL34, at a launch event in team factory base at Woking....

2019 F12 days ago

He does not fear Daniel Ricciardo – Hulkenberg

1ShareNico Hulkenberg says he does not fear Daniel Ricciardo. The pair’s Renault boss, Cyril Abiteboul, says 31-year-old Hulkenberg is “enormously...




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