• Aug 5th 2008 at 6:31PM
  • 6

When the Formula One teams met last week at the Ferrari factory in Maranello, they had yet to announce who would take over the helm of their newly-formed Formula One Teams Association. The group was formed to effectively negotiate on behalf of all the teams on a new commercial deal with Bernie Ecclestone's Formula One Management and on new regulations with the FIA. Reports now indicate that Luca di Montezemolo will act as the group's leader and spokesman.

Now if you're thinking that Montezemolo isn't a team principal, you're right. In fact, he hasn't been actively responsible for the Scuderia in decades. The hereditary Marquis de Montezemolo is president of Ferrari and chairman of the entire Fiat Group, and recently finished his term as chairman of industrial association Confindustria. Certainly a heavy hitter, well above to pay-grade of Scuderia Ferrari chief Stefano Domenicali. The top-level appointment certainly lends a great deal of weight and credibility to the new association.

[Source: F1-Live]

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    • 1 Second Ago
      • 7 Years Ago
      Montezemolo's Revenge?
      • 7 Years Ago
      "And this huge bear came right at us! I'm digressing..."
      • 7 Years Ago
      Yet again, F1 in the hands of Ferrari and the same Todt-Ecclestone-Montezemolo mafia.
        • 7 Years Ago
        • 7 Years Ago
        Definitely some Dustin Hoffman in there too.
      • 7 Years Ago
      As the boss of FIAT which owns Ferrari i think it will be hard for him to be impartial.
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