Ferrari president Luca di Montezemolo has been criticised for his comments at the Italian Grand Prix by Sergio Marchionne, CEO of parent company FIAT.

Montezemolo was present in Monza and addressed rumours that he would be leaving Ferrari by saying he intended to stay and adding "If and when there will be some news about me, I will be the first - I emphasise the first - to let you know".

However, those comments have not been well received by Marchionne, who said "Nobody is indispensable" and emphasised that Montezemolo's future lies in FIAT's hands.

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"We are good friends but his statements, these are things I wouldn't have said myself," Marchionne said. "On volume and economic results Luca has done an outstanding job. I [also] consider myself essential, of course. But I also know very well that I am at the service of this company. So to create positions, illusions that one can operate outside the rules, is talking rubbish.

"It's the same for him as it is for me; we serve the company. When the company has a change of plan, or if there is no longer a convergence of ideas, things change."

And Marchionne said that Montezemolo's success economically was not necessarily enough to mask the problems faced by the F1 team over recent seasons.

"The heart of Ferrari is winning in F1. I don't want to see our drivers in 7th and 12th place. To see the Reds in this state, having the best drivers, exceptional facilities, engineers who are really good, to see all that and then to consider that we have not won since 2008.

"The important thing for Ferrari is not just the financial results, but also it is winning and we have been struggling for six years."

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I honestly don't think Luca di Montezemolo's comments were such a big deal and I certainly don't think he deserved such a public broadside from Marchionne.
You normally deal with such an issue with a quiet word in private. The fact that Marchionne felt constrained to sound off in such a way to the Press tells you something about him and his own insecurity.

Taz: Sunny was saying to me a few weeks back that Luca had the full backing of the Fiat board.

Oh dear :)[\blockquote]

Sounds like an endorsement from a football club chairman to their manager........just before he (or she) gets sacked.