Ferrari’s fall in F1 causing corporate concern

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MONZA, Italy (AP) β€” Ferrari’s fall from grace is no longer just a worry on the Formula One track. It’s a cause for concern in the corporate boardroom, too.

After six years without a title, the events at and around the weekend’s Italian Grand Prix appear to have set the stage as a tipping point for sweeping changes.

For the first time since 2008, Ferrari failed to a land a car on the podium in its home race.

Fernando Alonso retired Sunday due to a mechanical problem and teammate Kimi Raikkonen finished ninth.

But the results were only part of the story.

Speculation is swirling that Ferrari president Luca Di Montezemolo is being forced out of the company four decades after founding father Enzo Ferrari brought him in.