Former Ferrari chief Luca Di Montezemolo has broken a long silence and given some poignant details of former F1 driver Michael Schumacher’s recovery. Speaking with the press, Montezemolo refused to give exact details but confirmed the German’s health has not taken a turn for the better since the accident two […]
Luca di Montezemolo
Ferrari initial public offering (IPO) taking place mid-2015
Fiat-Chrysler, the owner of Ferrari, announced it is planning a spinoff on the stock exchange for the Italian supercar manufacturer in the second or third quarter of 2015. Fiat-Chrysler shares jumped more than 14 percent last Wednesday following the announcement that an initial public offering would be made for the […]
Ferrari boss Montezemolo quits, replaced by Marchionne on Oct. 13
After recent clashes with Fiat CEO Sergio Marchionne, Ferrari boss Luca di Montezemolo will step down as chairman of the Prancing Horse brand effective as of October 13. Montezemolo has been the boss of Ferrari for the past 23 years and worked along side company founder Enzo Ferrari. He helped […]
Luca di Montezemolo to be president of Italy?
Luca di Montezemolo has apparently announced plans to run for Italian presidency in 2013. The current boss of Ferrari wants to clean up Italy, so to speak, and eradicate corruption, cut government waste and create more jobs. There’s certainly a potential for the people to vote for Luca di Montezemolo, […]