New Ferrari chairman Sergio Marchionne has said "winning is essential" for the F1 team.

Luca di Montezemolo resigned on Tuesday morning after nearly 23 years as president, with FIAT CEO Marchionne taking over. The two men then spoke at a joint press conference in Maranello, and Marchionne said he would be working to ensure Ferrari has every resource available to win championships again.

"Winning is essential for Ferrari and I have no doubt we are capable of doing that," Marchionne said. "We will do all it takes, also in terms of our resources, to reach this objective."

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Montezemolo himself added his belief that Ferrari has all of the structure in place and is close to being able to fight for titles.

"In the company we have the framework, the means and the personnel to get back on top and I am convinced that it won't be long before we are once again the benchmark team," he said.

Ferrari's website revealed that: "After the press conference, Montezemolo returned to the factory where he met with the heads of the production department. While he had managed to remain composed in front of the world's press, he did shed a few tears with "his" men."