While Luca di Montezemolo continues to head the Ferrari Maserati Group as its President and C.E.O., the following changes will come into effect as from 1st June 2004:

- Martin Leach takes on the role of Maserati C.E.O;- Jean Todt takes on the role of Ferrari Managing Director, while maintaining his present responsibilities within the Gestione Sportiva;- Amedeo Felisa assumes the responsibilities of Ferrari Deputy Managing Director.

Antonello Perricone leaves Maserati to take on other responsibilities within the Fiat Group.