Ferrari confirms Domenicali exit

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"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.

Ferrari North America press conference: President and CEO at Ferrari North America Marco Mattiacci
Ferrari North America press conference: President and CEO at Ferrari North America Marco Mattiacci

Photo by: Eric Gilbert

Di Montezemolo confirmed that Domenicali's successor is Marco Mattiacci, "a manager who knows the value of the company. He has enthusiastically accepted this challenge."

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."

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About this article
Series FORMULA 1
Drivers Luca di Montezemolo , Eric Gilbert
Teams Ferrari
Article type Breaking news
Tags ferrari, luca di montezemolo, marco mattiacci, stefano domenicali