Ferrari F1 chief Stefano Domenicali quits

IANS

Maranello (Italy), April 14 (IANS): Ferrari team principal Stefano Domenicali handed in his resignation Monday following a poor start to their 2014 Formula 1 season.

“Ferrari notes the resignation of Stefano Domenicali and thanks him for having served the company for 23 years,” read a company statement, reports Xinhua.

The Italian has been under pressure since drivers Fernando Alonso and Kimi Raikkonen failed to produce a top-3 finish in the opening three races.

Domenicali, who replaced Frenchman Jean Todt as team principal Jan 1, 2008, only managed one Constructors’ title – in the same year – during his reign.

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