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...
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...
FOTA-FIA Conclude Productive Talks
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / FOTA president Luca di Montezemolo revealed that he was delighted with the way talks with FIA's Max Mosley went during the Monaco meeting yesterday evening. The two international bodies discuss...
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...
New High Speed Train for Italy
21 Nov 2012, 14:06 UTC · By: Mihai Boca / Ferrari's President, Luca di Montezemolo, plans to open a new high speed train line between Rome, Milan, Turin and Venice. 114 miles of high speed track is already built between Bologna and Mil...
Luca di Montezemolo Smashed TV for Losing Title
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / We all saw the frustration in the Ferrari pitbox after Hamilton finished the Brazilian Grand Prix in 5th place and not 6th overall as expected. The first person to realize it was Felipe's fathe...
Alonso at Ferrari from 2011?
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / The relationship between Fernando Alonso and Ferrari is getting closer and closer. According to media reports in Italy – issued by the Italian newspaper Gazzetta dello Sport – the 2-time...
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...
Alonso Interested in Ferrari Move
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / Yes, Fernando Alonso is very much interested in joining the Ferrari outfit in the long run. And yes, the Scuderia are interested in offering him a good deal starting 2011. But no, the Spaniard has n...
BMW Happy with FOTA Formation
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / This has truly been a great year for BMW inside Formula 1. The German team managed to score its first pole position and win in the Great Circle – both through Robert Kubica – and fought ...
Ferrari Would Have Quit If Standard Engines Were Adopted
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / Ferrari's CEO Luca di Montezemolo admitted that his team was very close to following Honda on the back door of Formula 1 had FIA president Max Mosley decided to introduce a standard engine for ...
Brawn to Purchase Ferrari Engines for 2009
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / While assuring the Formula 1 fans that there are 'very good chances' of securing the buyout of Honda's F1 team, team boss Ross Brawn did not leave anything to chance ahead of the upco...
Ferrari Ask for KERS Delay
21 Nov 2012, 14:06 UTC · By: Ovidiu Panzariu / Luca di Montezemolo has spoken against the introduction of KERS in Formula One this season. Not only that, but the Ferrari CEO argued that such a move would increase costs inside the sport, a path t...