Ferrari chairman Di Montezemolo to step down

Ferrari chairman Luca Di Montezemolo will step down next month and Fiat chief executive Sergio Marchionne is set to take on the role.

Ferrari chairman Di Montezemolo to step down

Ferrari chairman Luca Di Montezemolo will step down next month and Fiat chief executive Sergio Marchionne is set to take on the role.

Di Montezemolo, who has seen Ferrari drivers win the Formula One title six times during his 23-year spell at the helm of the Italian manufacturer, will leave his post on October 13.

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