Ferrari CEO Louis Camilleri has retired from his position with immediate effect, the Italian company have confirmed in a shock announcement. Camilleri cited personal reasons for his decision, with it emerging he had spent time in hospital fighting Covid-19.
Camilleri took on the role in 2018, following the death of former boss Sergio Marchionne, and has presided over a successful period for the road car side of the business while being very supportive of the F1 arm of the company.
It is believed he has been fighting Covid-19 for several weeks, and while his condition was not life-threatening, it is believed to have been serious, which led to him spending time in hospital. Positively, he is recovering well.