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F1 NEWS 

Montezemolo set to quit FOTA role

Luca di MontezemoloFerrari president Luca di Montezemolo says he is likely to step down from his role as president of FOTA at the end of the year.

The Italian took the role when the Formula One Teams' Association was formed back in July of 2008.

Di Montezemolo says, however, that he is set to quit FOTA to focus on his role as Ferrari and Fiat president.

"I took up the president role because I felt it was good to have teams competing on the track, and talking out of it like sports professionals," di Montezemolo told Autosprint.

"This is what we did. However, I have another job and I can't do everything. So, I really think that I will step down at the end of the year."

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