Back in July, Ferrari announced that Louis Camilleri, the former chairman and CEO of Philip Morris International, at that time a Ferrari board member, would become the company’s new CEO. The news followed the surprise announcement that current CEO and chairman Sergio Marchionne was unable to return to work following health issues. Marchionne, the architect of the company’s success as a public company and its strategy of expanding production and models, died on July 25, 2018, at age 66.
After just six months, Ferrari could be set for another big management switch after last week’s change at the helm of the Scuderia, with Stefano Domenicali possibly returning to the House of Maranello. The ousting of Maurizio Arrivabene and his replacement by technical director Mattia Binotto was confirmation of a rumour swirling in Formula 1 for the past few months. However, reports from Italy are now suggesting that Stefano Domenicali, who led the Scuderia from 2008 to 2014, could take over from Louis Camilleri as the manufacturer’s chief executive, a move initiated by Ferrari president John Elkann according to the Corriere dello Sport.
The 53-year-old Domenicali is currently the CEO and President of Lamborghini where the Italian has done wonders in the past two years, nicely boosting the prestigious luxury marque’s overall sales. A return of Domenicali to Ferrari would also provide the manufacturer with an astute and knowledgeable manager capable of negotiating a new Concorde Agreement with Formula 1, a difficult task that could prove a bridge too far for the overbusy Binotto. Needless to say, a potential return of Domenicali to Maranello would also lead to inevitable speculation about Fernando Alonso, the two men having worked together from 2010 to 2014.
The Italian executive recently said that the two-time world champion who won’t be racing in Formula 1 in 2019 could return to the fray after a 12-month break, and possibly with Ferrari: “It would be a great story, but it is something that should not be forced,” – Stefano Domenicali told Auto Bild back in December – “But if in the future he makes that decision, why not? Of course it depends on whether Fernando returns and to all the other people involved and I leave that decision to them.” – he concluded.