Report: Fiat says Ferrari boss Montezemolo not quitting
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]
Report: Fiat says Ferrari boss Montezemolo not quitting originally appeared on Autoblog on Sat, 10 Jul 2010 14:25:00 EST. Please see our terms for use of feeds.
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