Rome: Ferrari's Formula One boss Stefano Domenicali quit on Monday over the legendary Italian team's disastrous start to the 2014 season. "It is time for a significant change," Domenicali said in a Ferrari statement announcing his resignation. (Click here for latest on Formula One)
Ferrari have failed to get in the top three in the first three races of the season and are just fifth in the constructors' table.
Ferrari's North American CEO Marco Mattiacci will assume control of the team, his remit simple - to reverse the Scuderia's fortunes in a year when Mercedes are leaving all in their wake.