Ferrari president Luca Di Montezemolo to leave next month following criticism
Formula One teams president since 1991 stands down Follows criticism from head of parent company Fiat Alonso to stick with Ferrari despite boring slow car
Ferraris long-serving president Luca di Montezemolo has announced he will leave the team next month, in the wake of criticism from Sergio Marchionne, the chief executive of parent company Fiat.
The 67-year-old, president since 1991 and credited with turning Ferrari around, was under contract for three more years, and had recently denied he would be leaving. However, he will now depart on 13 October, with Marchionne taking on the role.
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