user icon

'Still technically inferior' to Mercedes - Ferrari

  • Published on 04 Dec 2015 12:39
  • comments 0
  • By: Rob Veenstra

Sergio Marchionne has hailed an "outstanding" season for Ferrari at the end of his first year as the fabled marque's president. After the turbulence and mediocrity of 2014, parent company Fiat ousted Ferrari's long-time president Luca di Montezemolo and installed a new team boss in the form of Maurizio Arrivabene.

And so with Marchionne now president of Fiat and Ferrari, he said of the fabled Maranello team's 2015: "At the beginning of the season we said that if we won three races, Arrivabene and I would dance the samba. The results were outstanding," the Italian-Canadian added after a shareholder meeting in Amsterdam, adding that he is happy he has avoided the "embarrassment" of doing the samba for now.

"17 podiums is confirmation that we have a great team capable of doing extraordinary things. (Sebastian) Vettel did a great season and he is a great guy, a great driver who has integrated well with the team. Now we look to 2016," Marchionne continued. "We have confirmed we have a great team by getting very, very close to Mercedes, but technically we are still inferior to them."

At Thursday's meeting in Amsterdam, shareholders approved the separation of Ferrari from Fiat Chrysler, following the recent floating of 10 per cent of the shares. Now, Fiat will distribute the bulk of the remainder of the Ferrari shares, with the windfall to the group said to be about $4 billion. Former president di Montezemolo is quoted as saying by Italian media this week: "Ferrari has become Fiat's cash machine." (GMM)

Replies (0)

Login to reply

BE Grand Prix of Belgium

Local time 

BE Grand Prix of Belgium

Local time 

Related news

World Championship standings 2022

Show full world champion standings

Test calendar

See full test schedule

Give your opinion!

Will Bottas challenge Hamilton for the world championship in 2020?

Team profile

Show full profile

Formula 1 Calendar - 2022

Date
Grand Prix
Circuit
-
Spain
-
Bahrain
18 - Mar 20
Bahrain
25 - Mar 27
Saudi Arabia
8 - Apr 10
Australia
22 - Apr 24
Italy
6 - May 8
United States of America
20 - May 22
Spain
27 - May 29
Monaco
10 - Jun 12
Azerbaijan
17 - Jun 19
Canada
1 - Jul 3
United Kingdom
8 - Jul 10
Austria
22 - Jul 24
France
29 - Jul 31
Hungary
See full schedule

Formula 1 Calendar - 2022

Date
Grand Prix & Circuit
18 - Mar 20
25 - Mar 27
Saudi Arabia Jeddah Street Circuit
8 - Apr 10
Australia Albert Park
22 - Apr 24
6 - May 8
United States of America Miami International Autodrome
20 - May 22
27 - May 29
Monaco Monte Carlo
10 - Jun 12
Azerbaijan Baku City Circuit
17 - Jun 19
1 - Jul 3
United Kingdom Silverstone
8 - Jul 10
Austria Red Bull Ring
22 - Jul 24
France Paul Ricard
29 - Jul 31
Hungary Hungaroring
See full schedule
show sidebar