Ferrari’s chairman Luca di Montezemolo at the paddock during the third practice session at the Formula One circuit in Monza, Italy, 06 September 2014.  Di Montezemolo is to step down as chairman of the Formula 1 team. His departure follows a poor season on the track and disagreements with Sergio Marchionne, chief executive officer of parent company Fiat. Photograph: SRDJAN SUKI/EPA

Ferrari chairman Luca Cordero di Montezemolo has resigned after 23 years at the helm of the super-car maker because of a clash over strategy with Serg(...)

The new Ferrari La Ferrari (F150) debuted at the Geneva motor show in March. Photographer: Chris Ratcliffe/Bloomberg

Ferrari plans to reduce sales to fewer than 7,000 vehicles this year to “maintain the exclusivity” of the brand. “We made this decision (...)