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Ferrari deny blocking Montezemolo F1 boss move

Sergio Marchionne with Luca di Montezemolo Ferrari boss Sergio Marchionne has denied blocking the appointment of former long-time president Luca di Montezemolo to be the new chairman of the Formula 1 Group, but says he opposed the appointment of the former Maranello team boss. 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 1 Group board, had his potential chairmanship blocked by the ‘veto'...
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11y ago from GrandPrix247.com 0
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