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Former Ferrari chief Montezemolo to be chairman of Alitalia

Luca di Montezemolo may be 67 years old, but he's not quite ready to retire just yet. Not, at least, if the latest reports emanating from Italy are to be believed. According to Reuters, the longtime former Ferrari chief is due to be named chairman of Alitalia.
The troubled Italian airline is on the verge of being bailed out after years of financial difficulty, with Etihad Airways of the United Arab Emirates set to take a 49-percent stake in the company. While the reports have yet to be confirmed by the parties involved, Reuters cites multiple inside sources in revealing that the airline's board met last week and agreed to appoint Montezemolo as chairman, with current Etihad chief James Hogan to act as chief executive officer.
Montezemolo, of course, long served as chairman of Ferrari, having assumed leadership of the company not long after founder Enzo Ferrari died. He also served as chairman of the Fiat group for several years after the passing of Umberto Agnelli, and has headed numerous trade organizations and sporting bodies. But his tenure at Ferrari and the broader Fiat Chrysler Automobiles empire came to an end two months ago when clashes with Fiat chief Sergio Marchionne saw Montezemolo step down.

Totaled Ferrari Dino sculpture sold for $250k

How much would you pay for a Dino? Although this sub-brand was supposed to offer lower-cost alternatives to more expensive Ferraris, a 246 GTS model with "chairs and flares" can fetch big bucks. The later, more angular 308 GT4 is less desirable, but the one above just sold for $250,000. Oh, and it's a complete wreck - an absolute write-off, as you can see. So how did it fetch a quarter million when it wouldn't be worth that much in pristine condition? Because this is art.
"Objet trouvé", to be specific, the French term for a common object elevated to a work of art. That's the way it ended up displayed by celebrated French artist Bertrand Lavier and the Galerie Yvon Lambert at the Foire Internationale d'Art Contemporain (FIAC) art fair at the Grand Palais in Paris last week, where an unnamed Turkish collector paid the landmark price. Let's hope he's not planning on restoring it, because it's apparently worth more totaled.

Race Recap: Belgian Grand Prix sings Waltzing Matilda

Changeable. Each commentator will use that word at least 6,072 times over the Belgian Formula One
Grand Prix weekend. It is almost always applied to the weather, because the Spa-Francorchamps Circuit - perhaps all of Belgium - resides in some sort of climatological Narnia, its ADD skies totally unable to settle on a reliable behavior.
A dry Friday turned into a thoroughly wet qualifying on Saturday. When Q3 had done, Nico Rosberg would line up on pole position for the fourth race in a row for Mercedes AMG Petronas, after teammate Lewis Hamilton had another brake problem, this time glazing on one of the discs. Infiniti Red Bull Racing engineered a low-downforce setup and Sebastian Vettel took the best advantage, lining up third and making us wonder if the magic was back. Fernando Alonso drove the first Ferrari to fourth, the Spaniard saying he thought a podium was possible. Daniel Ricciardo put the second Infiniti Red Bull Racing in fifth, Valtteri Bottas behind him in the first Williams, then Kimi Räikkönen in the second Ferrari, Felipe Massa in the second Williams and Jenson Button in the sole McLaren in the top ten.