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Montezemolo says he will not quit Ferrari

Luca di Montezemolo Luca di Montezemolo has denied claims that he could be set to quit his post as Ferrari president. Reports late last week suggested the Maranello marque's long-time and colourful figurehead had decided to leave Ferrari in order to lead the Italian national airline Alitalia. Alitalia chief executive Gabriele Del Torchio told the Corriere della Sera newspaper last week he was ready to leave the airline in the wake of a rescue deal with Abu Dhabi's Etihad. Etihad, buying nearly half of Alitalia, has solid links to Formula 1 and Montezemolo, including having sponsored the fabled Italian team. According to Spain's El Mundo Deportivo, however, Montezemolo rejected the...
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