FERRARI: The surprising resignation of LOUIS CAMILLERI
Ahead of the Formula 1 final of the 2020 season in Abu Dhabi, Ferrari CEO Louis Camilleri quite surprisingly announced his resignation. Chief Binotta is said to have resigned for personal reasons, according to a public statement. His resignation is not only surprising for outside observers, but also for Ferrari’s flagship floor. The successor is not yet known, but the work of Camilleri is expected to be taken over by CEO John Elkann. Simultaneously with Ferrari, the tobacco concern Philip Morris also announced last night that Camilleri is resigning from the administration. The 65-year-old, born in Egypt, said: "Ferrari has been a part of my life. Serving him as CEO has been a huge privilege for me. My admiration for the exceptional men and women in Maranello and their passion and dedication is boundless. Proud of the successes of the company since