Sergio Marchionne, the former Chairman and CEO of Ferrari, has passed away aged 66.
The sad news comes just days after the Maranello-based company announced “with deep sadness” that Marchionne was unable to return to work, with John Elkann named as Chairman in his stead, and Louis C. Camilleri CEO.
Under Marchionne’s stewardship, Ferrari have once more risen to the top echelon of the Championship, having won four of the 11 races to date in 2018, and challenging for both the Drivers' and Constructors' titles.
Chase Carey, Chairman and CEO of Formula 1, described Marchionne as “both a leader and a friend.”
“We are deeply saddened by the passing of Sergio Marchionne,” he added. “He was a great leader of not just Formula 1 and the automobile world, but the business world overall.
“He led with great passion, energy and insight, and inspired all around him. His contributions to Formula 1 are immeasurable. He was also a true friend to all of us and he will be deeply missed. At this difficult time we extend our deepest sympathies to his family, friends and colleagues.”
Next Up
Related Articles
ExclusiveThe top 10 drivers of 2025 – as chosen by the drivers
QuizTHE BIG QUIZ OF 2025: 20 questions on the 2025 Formula 1 season
Watch as the F1 grid does Secret Santa for 2025
ExclusiveThe F1 team bosses choose their top 10 drivers of 2025.webp)
End Of Year Reports 2025Kick Sauber’s best and worst moments from 2025
End Of Year Reports 2025Haas’ best and worst moments from 2025