Exotic Car News!
An Italian government official is asking the head of Ferrari to step down after yet another shockingly disappointing loss at the Formula One racing track. The fast car news is spreading virally on the internet. Will the world famous Montezemolo step down as the head of the legendary Italian car company -- the Ferrari corporation (owned by Fiat Group)? Exotic and luxury sports car fans worldwide want to know. [Nov. 17]
ESPN reports (via CafeCars on GCN):
Ferrari’s woeful end to the Formula One season has drawn criticism in Italy, with at least one government leader calling for the automaker’s president to resign.
Fernando Alonso entered Sunday’s Abu Dhabi Grand Prix leading the drivers’ standings but finished seventh in the race after several strategic errors by the Italian team, allowing Red Bull’s Sebastian Vettel to clinch the title by winning the race.
Cabinet minister Roberto Calderoli was among those suggesting that Ferrari president Luca Cordero di Montezemolo should step down, prompting Fiat CEO Sergio Marchionne to issue a statement Monday in Montezemolo’s defense.
“The result from yesterday’s Abu Dhabi Grand Prix certainly wasn’t what we all expected, but we’ve still got to be grateful to the men and women of Ferrari, whose work allowed [the team] to near an objective that until a few weeks ago seemed unthinkable,” Marchionne said.
READ MORE (continue):
Celebrity Scandal: Italian government asks head of Ferrari to step down after ugly F1 loss?
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