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Ferrari Happenings

Montezemolo Speaks At The Geneva Show
29.2.00

The opening day of the 50th Geneva Motor Show was the occasion for a press conference given by President Montezemolo, who summarised the events of the year just ended.

"1999 was a very important year for Ferrari, with a doubling of return on investments over the past two year period. We also beat our historic sales record in the USA". Montezemolo also spoke about the current year. " In 2000, we will go over the 1,400 billion lire turnover mark and record a very interesting fiscal year".

He did not forget the subject of the imminent Formula 1 season. "There is an excessive euphoria, but not within Ferrari," said Montezemolo. "We have to keep our feet on the ground, because we will not know where we really stand until the weekend in Melbourne. What pleases me however, is that I have a lot of faith in our drivers and both of them have given me positive reports about the car. However, we are not alone on the track and we will have to see what the others have done."

Montezemolo also got onto the subject of Maserati. "We are proceeding with relaunching the company, in which we have invested heavily. In 1999 we delivered 1,537 cars - a general improvement of 100 percent compared with 1998. We are counting on delivering 2000 cars by the end of this year, while the following year will see the arrival of the Spider, designed by Giugiaro, and we will also return to the American market."

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