Tag Archives: Ferrari SpA

Luca di Montezemolo, President of Ferrari SpA, has admitted to missing the days when he was working with F1 legend Michael Schumacher. The famous race-car driver, who won seven world championships for the alleged Italian automaker, stayed with the team as a consultant after retiring from Formula 1 back in 2006. Luca di Montezemolo said the two had had beautiful...

The Maranello based supercar maker saw protests for two hours yesterday pending news that Ferrari SpA is looking to idle production and eliminate 9 percent of its work force. The decision took place as a result of the sister company Maserati reduced orders for engines. Ferrari has announced that they plan to cut 120 office positions and 150 factory jobs...