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Statement from Ferrari Chairman Luca di Montezemolo

Statement from Ferrari Chairman Luca di Montezemolo

David Bodapati

“Ferrari will have an important role to play within the FCA Group in the upcoming

flotation on Wall Street. This will open up a new and different phase which I feel

should be spearheaded by the CEO of the Group.

This is the end of an era and so I have decided to leave my position as Chairman after

almost 23 marvellous and unforgettable years in addition to those spent at Enzo

Ferrari’s side in the 1970s.

My thanks, first and foremost, to the exceptional Ferrari women and men from the

factory, the offices, the race tracks and the markets across the world. They were the

real architects of the company’s spectacular growth, its many unforgettable victories

and its transformation into one of the world’s strongest brands.

A warm farewell and my thanks also to all of our technical and commercial partners,

our dealers across the globe and, most particularly, the clients and collectors whose

passion I so wholeheartedly share.

But my thoughts go also to our fans who have always supported us with great

enthusiasm especially through the Scuderia’s most difficult moments.

Ferrari is the most wonderful company in the world. It has been a great privilege and

honour to have been its leader. I devoted all of my enthusiasm and commitment to it

over the years. Together with my family, it was, and continues to be, the most

important thing in my life.

I wish the shareholders, particularly Piero Ferrari who has always been by my side,

and everyone in the Company the many more years of success that Ferrari deserves.”

Maranello, 10th September 2014.

eom/Ferrari Press Release

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