Menu
Leagues and Governing Bodies

Ferrari Chair Luca Di Montezemolo Says Italian Team Could Leave Formula One

Ferrari Chair Luca di Montezemolo "vented his discontents with the organizers of F1," and suggested the company may enter sports-car competition instead, according to Dan Neil of the WALL STREET JOURNAL. He said, "Formula One isn't working. It's declining because [the Federation International d'Automobile, the sport's governing body] have forgotten that people watch the racing for the excitement. Nobody watches racing for the efficiency, come on" (WSJ, 6/14). In London, Daniel Johnson reported Di Montezemolo "made his second intervention in as many days into the state of Formula One," writing to F1 CEO Bernie Ecclestone and the F1’s owners "to call a meeting to discuss the sport’s future." Interestingly, after Ecclestone stated "he felt there was no need to involve social media companies, Di Montezemolo wrote that business such as Google and Apple should be invited." He suggested that the meeting "could be held in Maranello before the Italian Grand Prix in September" (TELEGRAPH, 6/15). AUTOSPORT's Jonathan Noble reported Di Montezemolo's "ongoing criticisms of current F1, and a potential future interest in sportscars, prompted speculation in recent days that Ferrari could even turn its back on grand prix racing." However, the Italian team "is wholly committed to F1" -- and doing all it can "to ensure it had a bright future." When asked about the reports that Ferrari was thinking of leaving F1, Ferrari spokesperson Renato Bisignani explained, "Quite the contrary" (AUTOSPORT, 6/15).

SBJ Morning Buzzcast: May 13, 2024

Upfront week and sports is grabbing more of the pie; Why the WNBA going to Toronto is important; San Diego continues to be a baseball town

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2014/06/16/Leagues-and-Governing-Bodies/Ferrari.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2014/06/16/Leagues-and-Governing-Bodies/Ferrari.aspx

CLOSE