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Luca Cordero di Montezemolo stepped down from his position as chairman of Fiat a couple of months ago but remains chairman and president of Ferrari. There have been recent reports that Montezemolo also leave that role, with an Italian paper claiming that an Agnelli family scion would take over the position. Fiat has gone on record with Reuters to say those reports aren't true.

Montezemolo is 62, and outside of his Ferrari obligations runs a think tank and is considering a leap into politics. People would certainly understand his leaving, but it looks like Montezemolo will retain his position and continue making bi-weekly complaints about the FIA and its Formula 1 stewards for a while longer.

[Source: Reuters]

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    • 1 Second Ago
      • 4 Years Ago
      when i see his name, i think montezuma
      • 4 Years Ago
      Was the last sentence really necessary? How about leaving fluff like that out and just focusing on the actual story at hand. Ferrari has its troubles with the FIA but that's a whole different story.
      • 4 Years Ago
      Man, he ain't no fool. He ain't leaving in this economy... he be needing his job so he can be buying his babies shoes.
        • 4 Years Ago
        ... and pay for a hair cut.
      • 4 Years Ago
      Agreed. Let's focus on the bizarre designs of recent Ferraris (outside of the beautiful 599 brothers) and the demise of a stick option. I'm not a fan of either one of those decisions.