Di Montezemolo to quit FOTA presidency
Ferrari president Luca di Montezemolo has said that he is planning to step down as president on the Formula One Teams Association (FOTA) at the end of this year to concentrate on his role as Ferrari and Fiat president.
Talking to Autosprint, di Montezemolo explained, “I took up the president role because I felt it was good to have teams competing on the track, and talking out of it like sports professionals. This is what we did. However, I have another job and I can’t do everything. So, I really think that I will step down at the end of the year.”
Di Montezemolo has been president of FOTA since it was formed in July 2008. He has been Ferrari president since 1991.
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Alex 3 | Nov 18, 2009 | Reply
Good.
Once FOTA had won the war with Mosley, Luca continued to dump fuel on the fire and attack the FIA.
Mosley will at least be happy to see him go as well as Dennis and Flav. True Luca will still head Ferrari and Fiat but his role will be less prominent now he is stepping down.