News Details
Ferrari blocked Montezemolo from being F1 boss
Luca di Montezemolo with Sergio Marchionne
Several reports have emerged that Ferrari vetoed Formula 1's move to install Luca di Montezemolo as the new chairman of the Formula One Group.
Sport Bild made the claim last week, after it emerged ousted Ferrari president Montezemolo had been appointed to the board but only as a non-executive director.
Now, Italy's La Gazzetta dello Sport is also claiming that Formula 1 owner CVC intended for Montezemolo to become chairman, but the move was blocked by new Ferrari president Sergio Marchionne.
'That is the reason why Peter Brabeck continues as chairman although he had resigned for health reasons,' said the Spanish daily El Mundo Deportivo.
It...
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11y ago from GrandPrix247.com
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