Tag Archive: Fiat-Chrysler

May 04

Marchionne: Breaks my soul to see Ferrari suffering

Sergio Marchionne bemoans another tough race weekend for the Ferrari team in Russia, urged it to turn its fortunes around quickly
Ferrari President and newly appointed CEO Sergio Marchionne has urged the F1 team to ‘close the gap at the speed of light’ if it wants to take on the might of Mercedes after another disappointing race weekend in Russia.
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Dec 15

Alfa Romeo being pitched for F1 return

The Alfa Romeo brand could be set for a move back into Formula 1

2014-07-12_0247 Sergio Marchionne reveals the Alfa Romeo brand could return to F1 on the back of a new product offensive and a full scale move into the US market. Read the rest of this entry »

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Nov 07

Montezemolo set for Alitalia top job

No longer Ferrari’s long-time president, Luca di Montezemolo’s next move is now clear.

2014-01-24 -  Scuderia Ferrari - Team - Luca di Montezemolo Authoritative reports including the ANSA news agency say the flamboyant 67-year-old, deposed recently by Sergio Marchionne as the Fiat Chrysler group hit the stock market, has been appointed to lead the Italian flag carrier Alitalia. Read the rest of this entry »

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Oct 30

10pc of Ferrari to be listed on stock exchange

Ferrari will be floated on the stock exchange next year.

Dany Flageole The Maranello outfit – the F1 team and the producer of exclusive sports cars – will be spun off from the Fiat Chrysler parent group, with 10 per cent of the shares to be up for grabs to the public on a US and possibly a European stock market. Read the rest of this entry »

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Oct 16

Montezemolo ‘not pleased’ about Ferrari exit

Luca di Montezemolo has hit back at suggestions he was ousted as Ferrari president because of the Italian team’s struggles.

Luca Di Montezemolo 2012-12-23 “A lack of results?” the 67-year-old, who was replaced by Fiat’s Sergio Marchionne on Monday, reportedly told Italian television Rai on Wednesday. “Remember that since 1999 we won 14 titles in 15 years. Read the rest of this entry »

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Oct 08

Ferrari may need yet another new president after 2018

Ferrari could be looking for yet another new president in a few years time.

2014-09-29 - Scuderia Ferrari Club - Caprino Bergamasco - Luca di Montezemolo (1) Sergio Marchionne, also the Fiat-Chrysler chief, is officially taking over from Ferrari’s Luca di Montezemolo next Monday. Read the rest of this entry »

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Sep 24

Agnelli nephew to be new Ferrari president – report

Ferrari could be set for yet another change right at the top of the Maranello marque.

2014-04-20 - Scuderia Ferrari - China (1) The departure of long-time president Luca di Montezemolo recently, with Fiat Chrysler chairman Sergio Marchionne taking over, made huge media waves. Read the rest of this entry »

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Sep 16

Ferrari’s business success unrelated to F1 – Montezemolo

Maranello marque’s iconic leader is stepping down

Schumacher - di Montezemolo - photo Getty Images Luca di Montezemolo says there is no correlation between Ferrari’s successes as a business as opposed to success in formula one. Read the rest of this entry »

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Sep 15

Alonso and Raikkonen are staying – Marchionne

Ferrari’s management revolution will have no impact on the driver lineup, new president Sergio Marchionne insists.

Fernando Alonso - Kimi Raikkonen Ferrari (photo Ferrari) With Stefano Domenicali, Luca Marmorini and now long-time president Luca di Montezemolo all falling victim to the fabled team’s poor performance in 2014, it has been suggested the turmoil at Ferrari might also affect the drivers. Read the rest of this entry »

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Sep 10

Statement from Ferrari Chairman Luca di Montezemolo

Montezemolo announces Ferrari exit

2014-01-24 -  Scuderia Ferrari - Team - Luca di Montezemolo “Ferrari will have an important role to play within the FCA Group in the upcoming flotation on Wall Street. This will open up a new and different phase which I feel should be spearheaded by the CEO of the Group. Luca di Montezemolo has ended the intense speculation about his future by announcing his departure as Ferrari’s long-time president. Read the rest of this entry »

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Sep 09

Montezemolo accepts Ferrari at ‘end of an era’

All signs continue to point towards a major change of direction at crisis-struck Ferrari.

Luca di Montezemolo - photo Getty Images Although long-time president Luca di Montezemolo played down the waves of speculation at Monza, his likely successor Sergio Marchionne issued a series of highly critical statements about the 67-year-old on Sunday. Read the rest of this entry »

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