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Montezemolo as F1 boss not fair play says Marchionne

Ferrari has denied blocking the appointment of former long-time president Luca di Montezemolo to be the new chairman of the F1 Group. With current chairman Peter Brabeck reportedly wanting to step down for health reasons, it was claimed Ferrari's recently-ousted Montezemolo was the favourite for the role along with former Diageo chief Paul Walsh. But international reports have suggested that Montezemolo, despite now stepping up as a non-executive director on the Formula One Group board, had his potential chairmanship blocked by the 'veto' enjoyed by the new Ferrari president Sergio Marchionne. But Italian reports quote Marchionne as denying he 'vetoed' Montezemolo's move to the top job....
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10y ago from GrandPrix.com 0
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