Di Montezemolo to quit FOTA role 18/11/2009
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Ferrari boss Luca di Montezemolo has revealed he will almost certainly step down from his role as president of FOTA at the end of the year.
The Italian took on the position when the Formula One Teams’ Association was formed in July 2008.
But Di Montezemolo says he is likely to quit FOTA to focus on his role as Ferrari and Fiat president.
He told Autosprint: “I took up the president role because I felt it was good to have teams competing on the track, and talking out of it like sports professionals.
“This is what we did. However, I have another job and I can’t do everything. So, I really think that I will step down at the end of the year.”
Di Montezemolo clashed with FIA president Max Mosley earlier this year over plans to introduce a budget cap into Formula One.
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