Sergio Marchionne to Step Down At the End of 2018
8 Oct 2014, 12:59 UTC · By: Mircea Panait / Fiat S.p.A. helmsman Sergio Marchionne declared recently that he plans to step down from his CEO seat right after 2018 ends, concomitantly with the terminus point of the Fiat-Chrysler five-year plan...
Ferrari Planning Special Model to Celebrate 60 Years in the U.S.
15 Sep 2014, 17:14 UTC · By: Jeffrey Ross / To celebrate 60 years of operation in the U.S., Ferrari is getting ready to introduce a new commemorative model that will be limited to just 10 units. While the specific details of this car are larg...
Luca di Montezemolo Awarded $35M Severance Package
12 Sep 2014, 09:17 UTC · By: Mircea Panait / Though it's a very sad event for the Ferrari brand, chairman Luca di Montezemolo's rage quit is not actually bad for the guy's finances. According to latest reports, Fiat S.p.A. is aw...
Montezemolo Quits Ferrari, Marchionne Replaces as Brand Chairman
10 Sep 2014, 12:43 UTC · By: Mircea Panait / By golly, this is a dramatic turn of events over at the Prancing Horse. We've reported just the other day that Ferrari S.p.A. numero uno Luca di Montezemolo is considering to step down from his...
Ferrari Chairman Luca di Montezemolo Preparing to Resign?
9 Sep 2014, 09:50 UTC · By: Mircea Panait / After a bit of amateur racing at the wheel of a Giannini Fiat 500 and a brief stint at Lancia HF Squadra Corse, Luca di Montezemolo joined Fiat S.p.A. and in 1973 became the assistant of Enzo Ferrar...
Senna Wanted to End His Career at Ferrari, Montezemolo Says
30 Apr 2014, 16:18 UTC · By: Alex Oagana / Formula One and motorsport fans from all over the world will commemorate twenty years since Ayrton Senna's tragic death tomorrow, but apparently this hasn't stopped people like Ferrari Pre...
Ferrari Says No to Electric Cars, SUVs
9 May 2013, 07:49 UTC · By: Ciprian Florea / Despite recent developments in HY-KERS technology for the LaFerrari, the Italian automaker is not planning to build an all-electric supercar, president Luca di Montezemolo revealed yesterday. Spe...
Ferrari Looking to Become More Exclusive
8 May 2013, 11:16 UTC · By: Ciprian Florea / Italian sportscar manufacturer Ferrari wants to become more exclusive in order to improve its financial results without growing sales volume, company chairman Luca di Montezemolo revealed earlier th...
Ecclestone: Ferrari Are Not Very Bright
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / Luca di Montezemolo's comments regarding the share of F1 revenues that should go to the teams in the near future did not go unanswered. F1 supreme Bernie Ecclestone hit back accusations of givi...
Mosley Wants Further Cost Reduction in F1
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / Max Mosley insisted that more cost-cutting measures should be taken under consideration to make the sport of Formula One even easier to be sustained. The FIA president admitted he was very pleased w...
Toyota Backs Revenues Recalculation in F1
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / The global economic crisis should change the way F1 teams are treated in terms of revenues. And it's not only Ferrari's Luca di Montezemolo backing the idea, but also Toyota's F1 team...
FIA: Moveable Parts Will Increase Show in Formula 1
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / FIA are likely to discuss the possibility of introducing “moveable aerodynamic devices” into the sport of Formula 1 during their meeting with the FOTA representatives later today. As sho...
Ferrari Ask FIA to Revise the Points' System
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / Despite congratulating Lewis Hamilton for his first title in Formula 1, Ferrari’s CEO Luca di Montezemolo insisted that he’s not very comfortable with the Brit being crowned world champi...
Howett: Bernie Will Not Break FOTA!
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / The recent statement war between F1 supreme Bernie Ecclestone and Ferrari's CEO Luca di Montezemolo will have no effect on how the Scuderia is regarded within the Formula One Teams Association ...
Mosley: Replacing Me Will Not Be Easy!
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / Max Mosley is yet to decide whether he will step down as president of the FIA in October 2009 or remain head of the international federation for another mandate. The Englishman admitted he hasn'...
Raikkonen: I Put 2008 Behind Me
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / Kimi Raikkonen insisted that he will be better for the championship crown this year. Present at the unveiling of Ferrari's new F60 car for 2009, the former F1 champ revealed that his 2008 exper...
FIA and FOTA Reach Agreement
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / Following their meeting in Geneva yesterday, the International Automobile Federation (FIA) and Formula One Teams' Association (FOTA) agreed on a drastic plan to reduce costs for the upcoming Fo...
Luca di Montezemolo Happy with Ferrari Drivers, Dismisses Alonso Rumors
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / So what does the word “urea” bring to your mind? OK, let's get past all that toilet humor from the very beginning so we can tell our story in peace. We're pretty sure than when...
Ferrari Happy with FIA-FOTA Conclusions
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / Ferrari's CEO Luca di Montezemolo confirmed yesterday that some of the new rules for the upcoming two F1 seasons include a dramatic chance in terms of engine use as well as decreased pricing fo...
Luca di Montezemolo Congratulates Hamilton
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / Ferrari might have won the constructors' title this season, but it was McLaren's Lewis Hamilton who got all the praises after the Brazilian Grand Prix last Sunday. The Brit became not only...