Sergio Marchionne has passed away

Sergio Marchionne has passed away in the Zurich hospital where he was hospitalised for the past few days. The former Ferrari boss was just 66.

Along with the Ferrari F1 boss, Marchionne was also the CEO of Fiat Chrysler.

His death has been confirmed by Exor NV, the holding company of Fiat’s founding Agnelli family.

Marchionne had stepped down from his Fiat and Ferrari roles citing grave health issues. Reports in the last few days suggested that the great man was suffering from prostate cancer which had also triggered a lung cancer and hence wasn’t able to get off his bed.

The shoulder surgery that was carried out had led to a lot of complications and Marchionne thus was in deep coma.

This is indeed a very sad moment for the F1 industry, one that Marchionne had revolutionised to quite an extent.

Marchionne’s contribution towards the rise and domination of Ferrari has been well documented and he openly took a stand agains Liberty Media’s vision for the sport, as he felt they were commercially messing around with a technical sport.

The news would for sure shaken up the Ferrari team, who must have been encountering a troublesome last few days, with the news of this sudden illness.

Marchionne however has left a very deep impact on the sport of F1, rivals and teammates alike and his contribution towards making Ferrari what it is today will never be forgotten.

Hopefully, Ferrari can bounce back from this setback and win the Hungary GP and give a proper send off to their boss.