Luca di Montezemelo has stepped down from his role as President of Italian carmaker, FIAT, parent company to Ferrari.

Di Montezemelo, however, will stay on as Ferrari President. His FIAT role will be replaced by John Elkann, a descendant of FIAT’s founding Agnelli family.

While many have long suspecting that he will venture into Italian politics, do Montezemelo has been quick to deny that his stepping back from FIAT is a precursor to a career change.

At the same time, Di Montezemelo again stated his desire for the major teams – namely Ferrari “and McLaren” – be given the option to field a third car at Grands Prix.

Who does he want in that race seat? None other than MotoGP ace Valentino Rossi!

Could Valentino Rossi be a suitable F1 candidate?

"We want a third car and I would do everything to have Valentino [Rossi]," he told reporters.

"When he wins this year’s MotoGP, enough is enough, he must also win in Formula One," Luca added.

Would Valentino be a suitable F1 candidate? The Italian has previously tested with Ferrari, with moderate success.

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Richard Bailey

Founder & Chief Editor at MotorsportM8
Hasn't missed a Grand Prix since 1989. Has a soft spot for Minardi. Tattooed with 35+ Grand Prix circuits.