Ferrari's Formula One boss Stefano Domenicali quit on Monday over the legendary Italian team's disastrous start to the 2014 season. "It is time for a significant change," Domenicali, 48, said in a Ferrari statement announcing his resignation. The man who took over from FIA boss Jean Todt in 2008 stands aside with Ferrari having failed to climb the podium in the first three races of the season and languishing fifth in the constructors' table.
Ferrari's North American CEO Marco Mattiacci will assume control of the team, his remit simple - to reverse the scuderia's fortunes in a year when Mercedes are leaving all in their wake. "There are special moments that come along in everyone's professional life when one needs courage to take difficult and very agonising decisions," Domenicali said. Ferrari president Luca di Montezemolo thanked Domenicali "for his sense of responsibility up to today where he placed Ferrari's interests before his own".
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