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Stefano Domenicali resigns as principal of Ferrari Formula One team

April 14, 2014, 17:18 UTC+3

Marco Matiacci has been named as new principal

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Stefano Domenicali (archive)

Stefano Domenicali (archive)


ROME, April 14. /ITAR-TASS/. Stefano Domenicali has resigned as principal of Ferrari Formula One team, the Italian squad’s press service reported on Monday.

Domenicali, who was holding this post since 2008, took the blame upon himself for the team’s poor performance at the start of the new royal race season. After three series Ferrari that includes world champions Fernando Alonso of Spain and Kimi Raikkonen of Finland ranks fifth in World Constructors' Championship, having scored 33 points.

Marco Matiacci has been named as new principal. Earlier he was president and executive manager of the North American division of Ferrari.

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