Amedeo Felisa has stepped down from his role as Ferrari CEO, his duties passing to an overworked Sergio Marchionne immediately.
Ferrari is undergoing a big shakeup, and not just on the Formula One racing grid. It's just parted ways with its longtime chairman, is being spun off from the rest of the Fiat Chrysler Automobiles group and will soon launch its initial public offering on the stock market. But one thing it's not about to change at this point is its CEO.
Yesterday Ferrari announced a changing of the scarlet-clad guard with the departure of longtime chairman Luca di Montezemolo. Having run the company since shortly after the passing of Enzo Ferrari himself, Montezemolo built the Prancing Horse marque up to the benchmark supercar manufacturer, victorious racing team and household name it is today. In short, Ferrari – and most crucially, its parent company Fiat – will face a most difficult challenge in filling il Advocatto's handmade lo
What goes around comes around. Ferrari broke ground in the supercar sphere with the 288 GTO and F40, which both used twin-turbo V8 powertrains. The subsequent F50 and Enzo went with V12s, and the 599's mill was based off the Enzo's. But the next model in Ferrari's range-topping mid-engine exotic line will go back to the twin-spool eight-pot.
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