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Confirming what we'd long suspected, the hybrid powertrain in the Ferrari LaFerrari was not a one-time thing. "I don't believe in the electric cars, but I strongly believe in hybrids," Ferrari boss Luca Cordero di Montezemolo tells Bloomberg. It's unclear when we'll see another hybrid Ferrari, though, as the automaker's current lineup is quite fresh – the oldest model is the California, which was updated for the 2013 model year – but make no mistake, there are more electrified cars c


Luca Cordero di Montezemolo does not strike us as the kind of person we'd want to cross. We imagine the Chairman of Ferrari as sort of like an automotive Don Corleone, a thought that is further confirmed when we hear about the aftermath of last weekend's Hungarian Grand Prix.


There have always been rumors surrounding Ferrari. But most of those rumors have revolved around its road cars, if not its Formula One operations: that the company is planning to build this type of car or that, that the team is planning to hire this driver or that one. But this one rumor that has only grown with time revolves around the company's affable chairman, Luca Cordero di Montezemolo.


Italian Prime Minister Silvio Berlusconi (left) with Ferrari president Luca di Montezemolo (right)


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.


Ferrari's participation in Formula One is so firmly entrenched in the identities of both the world championship and the Italian automaker that its abandonment of the series is almost unthinkable. But thinking about just that, according to some commentators, is what Ferrari chief Luca di Montezemolo wants people to start doing, as a spate of heated correspondence flies back and forth between Maranello and Paris, seat of motorsport's governing body, the FIA.


Looks like we'll be seeing the F430 Challenge Stradale at Frankfurt. Ferrari Chairman Luca Cordero di Montezemolo basically told reporters as much at the Geneva auto show. The model that will debut in Frankfurt is an evolution of the F430, which is expected to be more powerful and lighter than the current coupe through the use of F1 engineering and technology. This will follow the pattern Ferrari set with the 360 series, when a Challenge racecar was built off that platform, then a street version

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