Luca di Montezemolo Tag

By Adam Tate, Associate Editor If reports from the Telegraph and others are to be believed, longtime McLaren Group Chairman and CEO Ron Dennis will vacate his role at the helm of the Woking-based firm when his contract runs out at the end of the year. The impetus for such a huge change is the result of an unsuccessful bid by Dennis to buyout his business partners. Dennis currently owns 25% of the company as does his long time business partner Mansour Ojjeh. The remaining 50% is owned by the Bahraini sovereignRead More

It was confirmed by Former Ferrari chairman Luca di Montezemolo that the late Jules Bianchi was tabbed as Kimi Raikkonen’s replacement for the Scuderia whenever it decided to part ways with the Finn. Bianchi, who died last Friday as a result of serious head injuries at Suzuka in last year’s Japanese Grand Prix, was in his second year with the Marussia F1 Team but was also a part of Ferrari’s driver development program. Commonly known as a backmarker team, Marussia’s first ever points came at wheel of Bianchi with aRead More