Louis Camilleri

presented his resignation as Ferrari CEO on Thursday citing "personal reasons", which appear to be related to his health or that of one of his relatives.

Just a few weeks ago, the 65-year-old Italian executive had decided to move his residence to New York after overcoming Covid-19.

At the moment it is unknown who will occupy his position, which is temporarily assumed by

John Elkann

, executive president of Ferrari.

"I would like to express our sincere appreciation to Louis for his tireless dedication as CEO since 2018 and as a member of our board of directors since 2015," Elkann said in a statement.

Camilleri, for his part, also offered to publish a statement in which he appreciated the treatment of the legendary Italian brand.

"Ferrari has been a part of my life and serving as CEO has been a privilege. I am proud of the many achievements of the company since 2018 and I know that the best years of Ferrari are yet to come", stressed the former president of Philip Morris International , the other position you have resigned.

Camilleri had taken over as CEO in July 2018, following the sudden death of

Sergio Marchionne

, a former Ferrari president.

His first decision was to place

Mattia Binotto

as head of the Scuderia, replacing

Maurizio Arrivabene

.

Of course, his resignation may now have unforeseeable consequences for the F1 team.

Binotto is experiencing a delicate situation due to the terrible results of the 2020 World Cup, while everyone in Maranello prepares to receive

Carlos Sainz

, who in the coming days will occupy the vacant seat of

Sebastian Vettel

.

According to the criteria of The Trust Project

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