The Ferrari chairman thinks highly of the new technical boss.
Dec.23 (GMM) James Allison is Ferrari's best technical director since Ross Brawn.
Until then, Briton Pat Fry was Ferrari's leading technical name, having joined from McLaren in 2010.
But Lotus chief James Allison arrived from Lotus late this year, and is now being openly referred to by Ferrari as the technical director.
Fry is still in a prominent technical and engineering role, but Montezemolo is quoted by Finland's Turun Sanomat: "Since Ross Brawn left us, Ferrari did not have a really good technical director.
"Now we have one," he added. "Allison is very good," said Montezemolo.