Post by Wß on Jan 23, 2016 15:47:02 GMT
The business side of this sport fascinates me. I read Autoweek because they do spend quite a bit of their time digging into that side. Their actual F1 coverage sucks. I ran into this the other day however and thought it was worth a share. I can't say I've got the most love for the F1 team but on the car side of the Ferrari brand, I can't disagree with what Motezemolo is saying. I know from a cultural standpoint saving face or simply the public face put on a given situation is very important in the culture. Luca feels genuinely slighted, but shit he did get a fat payout and something like 15 million additional in five years or something along those line. So my heart is not bleeding for you.
Autoweek Former Ferrari chief says he was disappointed with team
Former Ferrari chief Luca di Montezemolo says he was disappointed that he didn't get a proper "thank you" when he left the company in 2014.
Speaking to the U.K.'s Financial Times the 68-year-old pointed out that recent public offering would not have happened had be not put Ferrari into a strong position.
“When Ferrari went public, of the results they presented, 23 of 24 years were down to me and my people,” he said. “So the least I expected from the owners was an official thank you. I didn’t expect a present because the value was unbelievable, but at least a thanks.”
Explaining the passion he still has for the brand he said: “It’s that familiar feeling. Even without the prancing horse, when you see the car, you know it’s a Ferrari.”
Speaking about his early days at Ferrari, he said that he'd given his designers subscriptions to Vogue and Vanity Fair.
“I wanted to expose them to the latest trends. It was seen as very unusual but it brought about major improvements in color, details and interior.”
He also revealed that he still owns just one Ferrari, a silver custom-made Barchetta 360, given to him by Giovanni Agnelli. He noted: “But it’s still in the museum. It’s got such a small windscreen, you need goggles and a helmet to drive it.”
Montezemolo has remained busy as acting head of airline Alitalia, and as the driving force behind Rome's bid for the 2024 Olympic Games. The city last hosted the event in 1960.
“Can you imagine the marathon beginning inside the Vatican, passing a mosque and synagogue, with the finish line under the Arch of Constantine, where the Romans celebrated their victories?”
He also addressed critics of Rome's long-standing reputation for organized crime: “If we assume that, because of corruption, we are not in a condition to run in competition with cities such as Paris and LA, we may as well just shut up shop now. I don’t want to underestimate what is going on here, but sometimes we assume that corruption is only in Italy.
“Without a major challenge, without a goal, without competition it will be extremely difficult to give a push to this town.”
He concluded: “I love my country. If I could have one month off, I would go to Puglia, Tuscany and Umbria in a convertible Ferrari California. You just flick a switch and the top flies off. I love that.”
Former Ferrari chief Luca di Montezemolo says he was disappointed that he didn't get a proper "thank you" when he left the company in 2014.
Speaking to the U.K.'s Financial Times the 68-year-old pointed out that recent public offering would not have happened had be not put Ferrari into a strong position.
“When Ferrari went public, of the results they presented, 23 of 24 years were down to me and my people,” he said. “So the least I expected from the owners was an official thank you. I didn’t expect a present because the value was unbelievable, but at least a thanks.”
Explaining the passion he still has for the brand he said: “It’s that familiar feeling. Even without the prancing horse, when you see the car, you know it’s a Ferrari.”
Speaking about his early days at Ferrari, he said that he'd given his designers subscriptions to Vogue and Vanity Fair.
“I wanted to expose them to the latest trends. It was seen as very unusual but it brought about major improvements in color, details and interior.”
He also revealed that he still owns just one Ferrari, a silver custom-made Barchetta 360, given to him by Giovanni Agnelli. He noted: “But it’s still in the museum. It’s got such a small windscreen, you need goggles and a helmet to drive it.”
Montezemolo has remained busy as acting head of airline Alitalia, and as the driving force behind Rome's bid for the 2024 Olympic Games. The city last hosted the event in 1960.
“Can you imagine the marathon beginning inside the Vatican, passing a mosque and synagogue, with the finish line under the Arch of Constantine, where the Romans celebrated their victories?”
He also addressed critics of Rome's long-standing reputation for organized crime: “If we assume that, because of corruption, we are not in a condition to run in competition with cities such as Paris and LA, we may as well just shut up shop now. I don’t want to underestimate what is going on here, but sometimes we assume that corruption is only in Italy.
“Without a major challenge, without a goal, without competition it will be extremely difficult to give a push to this town.”
He concluded: “I love my country. If I could have one month off, I would go to Puglia, Tuscany and Umbria in a convertible Ferrari California. You just flick a switch and the top flies off. I love that.”
