News Details
Montezemolo exit rocks crisis-struck Ferrari
Despite securing $35 million as he walks away, Luca di Montezemolo had a tear in his eye on Wednesday as he said farewell to Ferrari.
Although he was president, and although his presence at Maranello dates back decades, the 67-year-old is just the latest head to roll amid Ferrari's spiralling crisis.
"Our common desire to see Ferrari express its true potential on the track led us to some misunderstandings," admitted Fiat chairman Sergio Marchionne, Montezemolo's successor.
Charismatic and controversial, Montezemolo has secured a EUR 27 million parting fee, including a pledge he will not work for a Fiat rival until 2017.
He admitted on Wednesday that it is possible he will go on to...
Full Story »
Full Story »
11y ago from GrandPrix.com
0
You May Also Be Interested In...
Montezemolo announces Ferrari exit
Montezemolo announces Ferrari exitPosted On 10 Sep 2014By :...
11y ago from ThisIsF1.com
Ferrari through and through - Luca di Montezemolo in...
Luca di Montezemolo (ITA) Ferrari Team Manager. German Grand Prix, Rd 11,...
11y ago from Formula1.com
Di Montezemolo confirms Ferrari exit
Just days after saying he is ready to stay on as Ferrari chairman for...
11y ago from PlanetF1.com
Montezemolo scotches Ferrari exit rumours
Luca di Montezemolo says he is not leaving Ferrari and that he wants to...
11y ago from Crash.net
Elsewhere On The Network
Popular On MGPToday.com
MotoGP completes investigation into Brazilian GP...
No description available...
38m ago from Motorsport.com
Maverick Vinales and Jorge Lorenzo's partnership cools...
No description available...
5h ago from Motorsport.com
Jorge Martin: Brazilian MotoGP podium ‘feels...
Jorge Martin admits that his double podium from the Brazilian MotoGP...
4h ago from MotorsportWeek.c...
Ducati: “We can’t always rely on Marc Marquez to...
No description available...
9h ago from Motorsport.com
Popular On IndyCarToday.com
Carb day concert line-up announced for Indy 500
Indianapolis Motor Speedway has announced which bands will be playing on...
3h ago from MotorsportWeek.c...
Legacy Grand Prix of Long Beach promoter Jim...
No description available...
2d ago from Motorsport.com
Takuma Sato set for Indy 500 return with Rahal...
No description available...
6d ago from Motorsport.com
Takuma Sato makes Indy 500 return with RLL
Rahal Letterman Lanigan Racing has announced that Takuma Sato will drive...
6d ago from MotorsportWeek.c...
Popular On TotalWRC.com
Takamoto Katsuta backs Kalle Rovanpera to “come back...
No description available...
1d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme suspended...
No description available...
3d ago from Motorsport.com
Kalle Rovanpera’s Super Formula programme paused...
No description available...
3d ago from Motorsport.com
WRC Safari Rally Kenya: Oliver Solberg wants more rain...
No description available...
3d ago from Motorsport.com
Popular On GunnersToday.com
Eberechi Eze injury: The key Arsenal games he will...
Eberechi Eze has suffered an injury which comes as a major blow for...
28m ago from CaughtOffside.com
Without regulation, AI will threaten the very thing...
Technology has driven countless evolutions in football – and so much of...
4h ago from CaughtOffside.com
Paul Merson makes prediction about Arsenal facing...
Premier League legend Paul Merson has questioned whether Arsenal can beat...
5h ago from SportsKeeda.com
Pundit questions if Arsenal need £69 million-rated...
Former England star Chris Waddle has claimed that Newcastle United star...
5h ago from SportsKeeda.com
Comments
Hottest News
Christian Horner and Mercedes face Alpine F1 move being...
The battle for a minority stake in Alpine is... Read More »
57m ago from GPFans.com
Audi F1 rift rumours continue amid ‘long...
Jonathan Wheatley had, days before his Audi F1... Read More »
2h ago from MotorsportWeek.com
Helmut Marko issues stark Adrian Newey revelation amid...
Helmut Marko has revealed that Adrian Newey is... Read More »
1h ago from MotorsportWeek.com

























