Luca di Montezemolo has admitted Fernando Alonso is leaving Ferrari.
The Spaniard’s falling out with the Maranello team and recent dissolving of his contract is an open secret in F1 circles, but it is yet to be officially confirmed.
Also not yet announced is Sebastian Vettel’s impending arrival to replace him.
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German driver Nico Rosberg insists: "This is great news for our sport.
"It’s interesting for all the fans when the four-time world champion changes teams and they wonder ‘Can he take his new team back to the front?’" the Mercedes driver told Bild.
Insiders believe Ferrari’s confirmation of the Alonso-Vettel news must now be imminent, although talks between the Spanish driver and McLaren-Honda are believed to still be taking place.
However, Italy’s Autosprint believes a deal between Alonso and McLaren’s new works engine supplier Honda is essentially agreed, and the last detail is the driver’s desire for an exit clause.
"Fernando is leaving (Ferrari) for two reasons," Montezemolo, who was officially replaced as Ferrari president by Sergio Marchionne on Monday, told Italian television Rai on Wednesday.
"One, because he wants to cement himself in another environment. And two, because he’s at an age where he cannot wait to win again. He has been disappointed not to have won (a title) in these years and he needs a new stimulus," Montezemolo added.