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Di Montezemolo steps back from political role

Luca di Montezemolo has elected to take a step back from his political aspirations after announcing that he won't run for a seat in the Italian Parliament.The Ferrari president, who set up the Italia Futura party back in 2009, had been widely tipped to push ahead with a bid to secure a role in Parliament – although such a move would have led to a conflict of interests thanks to his role as president of Ferrari.As a result, di Montezemolo has taken the decision not to run for a seat in Parliament and will remain in his position as head of Ferrari, although he insisted he still had a role to play within Italia Futura moving forwards."I will not run for a seat," he told La...
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