"It is time for a significant change" - Luca di Montezemolo
Apr.14 (GMM) Ferrari on Monday confirmed reports Stefano Domenicali has "decided to resign" as team boss.
In a statement, president Luca di Montezemolo thanked the 48-year-old not only for his long "contribution and commitment", but for the "great responsibility" displayed by stepping down amid Ferrari's early-season crisis.
Domenicali, who said on Monday he had the "courage to take difficult and very agonising decisions", joined Ferrari in 1991.
"It is time for a significant change," di Montezemolo explained. "As the boss, I take responsibility, as I have always done, for our current situation.
"I hope that very soon, Ferrari will be back where it deserves to be."