Marchionne not confirming Ferrari role beyond 2019

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Sergio Marchionne will step down as the CEO of Fiat Chrysler Automobiles in 2019, but has yet to announce if he will remain at the helm of Ferrari.

The 64-year-old had initially intended to leave the Italian-American automotive conglomerate next year, but decided to extend his stay in order to finish the group's ambitious plans.

It has been suggested that Marchionne would relinquish his FCA role next year, he would however remain the president of Ferrari until at least 2021.

When asked about that in Shanghai last weekend, the Italian-Canadian said: "Let's talk about something else."

Indeed, Ferrari's main topic is the current form of the Scuderia and the future of its drivers as both Sebastian Vettel and Kimi Raikkonen see their contracts expire at the end of 2017.

"We will solve that too," Marchionne told Italy's La Republicca.

Formula E a 'necessity' for Ferrari - Marchionne

The Ferrari boss also touched on the subject of Formula 1's teams taking up Liberty Media's offer to acquire a vested interest in the sport through the purchase of shares.

While Ferrari already owns a small stake in the Formula 1 Group, Mercedes is another outfit contemplating an investment.

"We have met with Toto Wolff to evaluate if it is worth it," Marchionne said.

"Of course, the opportunity is there. If it makes sense from a financial point of view, we will."

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Phillip van Osten

Motor racing was a backdrop from the outset in Phillip van Osten's life. Born in Southern California, Phillip grew up with the sights and sounds of fast cars thanks to his father, Dick van Osten, an editor and writer for Auto Speed and Sport and Motor Trend. Phillip's passion for racing grew even more when his family moved to Europe and he became acquainted with the extraordinary world of Grand Prix racing. He was an early contributor to the monthly French F1i Magazine, often providing a historic or business perspective on Formula 1's affairs. In 2012, he co-authored along with fellow journalist Pierre Van Vliet the English-language adaptation of a limited edition book devoted to the great Belgian driver Jacky Ickx. He also authored "The American Legacy in Formula 1", a book which recounts the trials and tribulations of American drivers in Grand Prix racing. Phillip is also a commentator for Belgian broadcaster Be.TV for the US Indycar series.