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Di Montezemolo Set to Join Italian Politics - Report

Ferrari's president Luca di Montezemolo might leave his position within the Prancing Horse and focus exclusively on Italian politics. According to several media reports, the move is imminent, with Lapo Elkann, the 34-year-old brother of Fiat chairman John Elkann, being the first figure tipped to take di Montezemolo's place at Maranello.

We know a multitude of reports have surfaced in the media in the past year about the 63-year old's potential switch to politics, especially after he had stepped down from his position as FIAT chairman a year back. However, according to Italian racing magazine Autosprint, former Venice mayor Massimo Cacciari is convinced the decision to turn to politics has already been made by di Montezemolo.

But first we must arrange things with his Ferrari,” Cacciari was quoted by the aforementioned source.

The report piggybacks on a recent interview given by the Ferrari boss to Max magazine, in which he emphasizes Italy's need for a reshuffle of its political class.

We need a managerial class to enter politics to give, not to take,” he said. “We must start working together as a team and spread the culture of all-inclusive group work.

For the time being, di Montezemolo is still serving his 3-year mandate as member of Ferrari's board of directors.

Asked about the prospect of having di Montezemolo join him in politics, Roberto Formigoni, the president of the Lombardy region, insisted “I do not think this is one of the key questions of Italian politics. But if someone from civil society enters politics I will welcome him.
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