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Sports Home Formula 1 News Ferrari CEO Louis Camilleri Resigns For Personal Reasons Ahead Of Abu Dhabi Grand Prix

Ferrari CEO Louis Camilleri Resigns For Personal Reasons Ahead Of Abu Dhabi Grand Prix

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Ferrari's executive chairman John Elkann has taken over as chief executive on a temporary basis.

  • Agence France-Presse
  • Updated: December 11, 2020 04:43 pm IST
Read Time: 2 min
Ferrari CEO Louis Camilleri Resigns For Personal Reasons Ahead Of Abu Dhabi Grand Prix
Louis Camilleri, 65, left his post with immediate effect.© AFP

Highlights

  • Chief Executive Officer Louis Camilleri announced his departure from Ferr
  • Camilleri stepped down with immediate effect due to personal reasons
  • Camilleri has suffered from a severe bout of Covid-19

Chief Executive Officer Louis Camilleri announced his departure from Ferrari on Friday for personal reasons on the eve of this weekend's season-ending Abu Dhabi Grand Prix. The 65-year-old Italian left his post with immediate effect. He was appointed in July 2018 as replacement for Sergio Marchionne who was unwell and died days later. Camilleri has suffered from a severe bout of Covid-19 and only recently left hospital to continue recovering at home.

He made changes during his period as boss - bringing in current team boss Mattia Binotto to replace Maurizio Arrivabene and this year deciding not to retain four-time champion Sebastian Vettel next season.

"Ferrari has been a part of my life and serving as its chief executive has been a great privilege," said Camilleri in a statement issued by Ferrari.

"My admiration for the extraordinary men and women of Maranello and for the passion and dedication they apply to everything they do, knows no bounds.

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"I'm proud of the company's numerous achievements since 2018 and know that Ferrari's best years are still to come."

Ferrari have endured a difficult and disappointing season this year and have failed to win a race. In 2019, the team generated controversy by using an irregular power unit.

Ferrari's executive chairman John Elkann has taken over as chief executive on a temporary basis.

Topics mentioned in this article
Ferrari Abu Dhabi Grand Prix
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