Luca di Montezemolo to Leave Ferrari for Politics?

Luca di Montezemolo's days at the helm of Ferrari may be numbered if we are to trust the latest rumors coming from Italy. According to media reports, the 62-year old Italian is contemplating a quit from the Ferrari organization in order to switch to politics.

Such rumors are no news to anyone, as Di Montezemolo has been linked with a move into Italian politics since the early 2000s. However, given his recent stepping down as chairman of the FIAT Group – he was replaced by John Elkann – those allegations started multiplying within the national newspapers.

The latest such report comes from French broadcaster TF1, who predicted Di Montezemolo will leave the Maranello squad and will most likely be replaced by another member of the Agnelli family (owners of FIAT), Andrea Agnelli. The 34-year old is currently the president of the Serie A football club Juventus Turin.

As we've aforementioned, this is no news to our ears, as such rumors have been running around for some time now. Back in July, Ferrari denied their president is walking away, a rumor suggested by Milan newspaper Libero.

Di Montezemolo's first contact with Ferrari happened in 1973, when he was moved by FIAT to the Maranello team as new assistant of Enzo Ferrari. One year later, he was promoted to manager of the Scuderia and, in 1975, he was already heading all of Fiat's motorsport activities.

FIAT chairman Gianni Agnelli named Di Montezemolo president of Ferrari in 1991, a position which he held until the current time. During his career as head of Ferrari, he was also named chairman of the Formula One Teams Association (FOTA), which he founded in 2008. He let go of that position in January this year, when he was replaced by McLaren's Martin Whitmarsh.