Ferrari paid tribute to "courageous leader" Sergio Marchionne after the former Scuderia chief executive and chairman died at the age of 66.

Fiat Chrysler Automobiles announced on Saturday that Marchionne had stepped down from his roles due to complications after recent shoulder surgery. Tributes poured in after Marchionne's sudden passing was confirmed on Wednesday.


FIA president Jean Todt also paid tribute to Marchionne. "It is with great sadness that I learned that Sergio Marchionne tragically and unexpectedly passed away." he said in a statement.

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"Sergio achieved a colossal amount for the automotive industry and motor sport worldwide. He dedicated himself fully to turn around the Fiat-Chrysler group and put all his energy to bring Ferrari back to the top. He was an endearing, upstanding and brave man, an unconventional and visionary leader."

"He was an eminent member of the FIA F1 Strategy Group and of the FIA High-Level Panel for Road Safety. His death is a considerable loss. On behalf of the entire FIA community, all my thoughts go out to his family, his friends and his Ferrari and Fiat-Chrysler group teams."