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A rumor rated as 'speculation' is one that has no supporting information
A rumor rated as 'strong' is one where we received information from more than one source.
A rumor rated as 'fact' is one that has proven to be true
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These rumors are just that, RUMORS, and are not to be taken as 'fact' unless so noted.  Please visit our Hot News page for news.  If you have a rumor, or can supply more information about one listed here, e-mail us with as much supporting information as possible and we may post it. User Agreement and Disclaimer. Newer rumors supersede older ones of the same topic.  Go to our forums to discuss any rumor.
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DATE News (chronologically)
08/10/18
f1

AR1.com 2019 F1 Silly Season page breaks cover
Daniel Ricciardo shocks the F1 paddock
Daniel Ricciardo shocks the F1 paddock
The first release of our 2019 F1 Silly Season page has arrived.

With Daniel Ricciardo making an unexpected move to Renault, the entire F1 Silly Season has been busted wide open.

Like always we will be updating it on a regular basis as rumors evolve and contracts get signed.

Comment
08/10/18
automotive

VW mulls high performance EV
The ID Vizzion
The ID Vizzion

VW's upcoming range of ID electric vehicles could receive a sport-oriented R model, Autocar reports, based on comments by R division head Jost Capito. The full range of models is currently just taking shape with a hatchback, a sedan and a crossover model due in 2020. More models are in the works in other body styles, including a retro-inspired electric Microbus due in 2021 or 2022.

But is there room in the range this early on for a performance model, given the already impressive torque of electric motors?

Read more & Comment...
08/10/18
irl

Video: Next Generation IndyCar engine under development
Only kidding, but if it were, IndyCar would quickly replace F1 as the top motorsports series in the world. However, the current leaders of IndyCar do not want IndyCar to rival F1 in popularity, therefore, this will never happen.

Comment
08/09/18
v8

Walkinshaw Andretti United to run Camaro in 2020
Camaro Supercar rendering
Camaro Supercar rendering
Walkinshaw Andretti United and Chevy (Holden) are studying whether a Camaro Supercars project is viable by the end of the year should it wish to develop the car for competition in 2020.

Interest in the Camaro joining the Supercars grid has heightened since the announcement that Ford will develop a Mustang to race in the championship from next year, which will see first two door coupe homologated to compete under the Gen2 rules.

Read more & Comment...
08/09/18
irl

Pocono back on 2019 IndyCar schedule
Pocono
Pocono
Word is that Pocono will be back on the IndyCar schedule for the 2019 season.

The question is whether there will be a top musical artist like Bruno Mars or Taylor Swift putting on a live concert that weekend in conjunction with the race.

Comment
08/09/18
f1

Will Alonso replace Ricciardo at Red Bull? (2nd Update)
Horner says Alonso causes 'chaos' in a team, yeah it's likely he would destroy Horner's 'pet' driver Verstappen
Horner says Alonso causes 'chaos' in a team, yeah it's likely he would destroy Horner's 'pet' driver Verstappen
UPDATE
 This rumor is downgraded to 'false' today. Red Bull team principal Christian Horner has ruled out signing Fernando Alonso as Daniel Ricciardo's replacement on the grounds that the two-time world champion has caused "chaos" wherever he has driven.

Ricciardo shocked Red Bull last week by announcing he would leave the team for Renault at the end of the season. The news leaves a vacancy at the four-time world champions alongside Max Verstappen, and Horner says he is in no rush to confirm Ricciardo's replacement.

However, he was able to rule out Alonso, who is currently making his own mind up about his F1 future at his current team McLaren.

Read more & Comment...
08/09/18
nasmon

Brian France to be suspended, could spend year in jail (3rd Update)
Brian France
Calls for Brian France to step down

UPDATE Under New York law Brian France may face a one-year suspension of his driver’s license and up to a year in jail after his arrest Sunday evening in Southampton, New York, for aggravated driving while intoxicated and possession of oxycodone. Of course France will hire the best lawyers to keep him out of jail.

08/07/18 NASCAR Chair & CEO Brian France will take an "indefinite leave from the sport" after being charged with "aggravated driving while intoxicated and criminal possession of a controlled substance," according to a front-page piece by Henderson & Marks of the CHARLOTTE OBSERVER.

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08/08/18
irl

Penske to return to 4 fulltime IndyCars in 2019
Is Roger looking to add another top driver in 2019?
Is Roger looking to add another top driver in 2019?
Rumor on the street is that Roger Penske may return to four fulltime IndyCars in 2019. The rumors say it will be one of the following drivers:
  • Fernando Alonso who wants to be with a top team and that means Penske for Chevy or Andretti for Honda. Penske the billionaire can afford to pay Alonso the largest salary of any team
  • Scott Dixon if Chip Ganassi doesn't have a sponsor for Dixon next year, but only if Chip gives Roger the OK because Roger would never steal his friends best driver otherwise
  • Robert Wickens who has run well on both ovals and road courses as a rookie. Roger would love to steal one of Honda's ace drivers
  • Alexander Rossi who fits the Penske mold for 1) speed on all types of circuits and 2) professionalism. Again Penske has the deep pockets to make Rossi the most lucrative deal and he would love to steal one of Honda's ace drivers


Comment
08/08/18
nasmon

Jim France to Be At Michigan NASCAR Weekend
Jim France
Jim France
NASCAR interim Chair & CEO Jim France is expected to be at track as soon as this weekend’s action at Michigan, according to a source, as he tries to instill confidence and stability in the industry following the arrest of his nephew, Brian France.

Jim France, the longtime NASCAR BOD member and brother of Bill France Jr., usually keeps a low profile in recent years even when he is at races.

Read more & Comment...
08/07/18
f1

Lawrence Stroll to buy Force India (5th Update)
Did daddy Stroll - Lawrence -pictured on right , buy an entire F1 team for his baby boy, Lance, pictured left?
Daddy Stroll - Lawrence -pictured on right , bought an entire F1 team for his baby boy, Lance, pictured left

UPDATE This rumor is upgraded to 'fact' today with news Lance Stroll's father bought the Force India team for his son.

The Force India Formula 1 team is to exit administration in the coming weeks after a deal was reached between senior management and a consortium of investors, led by Lawrence Stroll, to secure the future of the team.

The future of the Silverstone-based operation had been under threat for several months amid the ongoing personal setbacks encountered by long-term co-owner Vijay Mallya, with several interested parties having lined up to express interest.

Read more & Comment...
08/07/18
automotive

Musk to take Tesla private at $420
Elon Musk
Elon Musk

Elon Musk just tweeted that he has the funding secured to take Tesla private at $420 per share.

Stay tuned....as Tesla shares jumped almost 6% on the news

Comment
08/06/18
nasmon

Leavine team to expand to two cars, switch to Toyota
Christopher Bell up to Cup with Leavine and Toyota?
Christopher Bell up to Cup with Leavine and Toyota?
Bob Leavine may be setting up his backmarker NASCAR Monster Cup team for a manufacturer change. That also would mean a new engine manufacturer since Leavine gets its engines from Earnhardt Childress Racing Engines.

Leavine said he’s also had conversations with Toyota and Ford, while also negotiating to retain Kasey Kahne after this season.

“In our talking to the manufacturers this year, Toyota has been head-and-shoulders above the rest so far,” Leavine said.

Read more & Comment...

08/06/18
f1
irl

McLaren replacing both F1 drivers in 2019
Zak Brown admits he probably needs 2 new drivers in 2019
Zak Brown admits he probably needs 2 new drivers in 2019
(GMM) Zak Brown has admitted it is possible Fernando Alonso will leave McLaren and F1 for the Indycar series in 2019.

Brown, the McLaren team boss, said the Spaniard is "very interested" in the American open wheel category.

"He likes the series but hasn't decided yet what he wants to do as it relates to formula one. But our decision is not Fernando dependent," he told the Indy Star. 

Brown is referring to McLaren's own deliberations, as talks with Michael Andretti's Indycar outfit about a team collaboration take place.

Read more & Comment...
08/04/18
imsa

Christian Fittipaldi to retire (Update)
Christian Fittipaldi
Christian Fittipaldi to hang up his gloves after Rolex 24

UPDATE This rumor is upgraded to 'fact' today.

Christian Fittipaldi announced on Saturday that the 2019 running of the Rolex 24 At Daytona will mark his final IMSA Prototype outing as he targets a fourth overall victory in the fabled event.  

“Everything in life has a beginning, middle, and end— and I am at the beginning of the end of this stage of my career and competing at this level,” said Fittipaldi. “All that I can say is that it has been an awesome trip. Thank you to mom and dad, and to my whole family. Without them I couldn't have had the opportunities that I have had all through my career. My wife and daughter have given me so much motivation, especially in the later stages of my racing career.”

Read more & Comment...
08/04/18
f1

McLaren make huge offer for Daniel Ricciardo (2nd Update)
UPDATE This rumor is now downgraded to 'false.'

Does McLaren want Ricciardo because they know Alonso is leaving?
Does McLaren want Ricciardo because they know Alonso is leaving?
06/21/18

UPDATE This rumor is upgraded to 'strong' today.

(GMM) Daniel Ricciardo has not denied that McLaren has offered a whopping $20 million a year for him to switch to the beleaguered British team.

"Daniel is the king of the market," Red Bull's Dr Helmut Marko told Sport Bild.

"McLaren offers him more every week."

Read more & Comment...
08/04/18
irl

IndyCar to return to Watkins Glen the right way this time (Update)
Don't think we know what we are talking about? Recent Phish concert crowd at The Glen
Don't think we know what we are talking about? Recent Phish concert crowd at The Glen

UPDATE A reader writes, Dear AR1.com, You missed a few. Add Elmira College, SUNY Alfred, Ithaca   College, SUNY Oneonta, SUNY Delhi. 

There are other NY schools like Nazareth, St. John Fisher, and Lemoyne.

Penn State, Keystone College, Mercyhurst, Marywood, Mansfield, and other Pennsylvania colleges are all close to the Glen. NY List  PA List  Mike Semel

Read more & Comment...
08/03/18
irl

IndyCar to tie its Detroit races in with Detroit Auto Show (2nd Update)
Will IndyCar adjust it's schedule so the Detroit Races can piggyback on the Detroit Auto Show - they can both help each other.....or will they be asleep at the wheel again?
Will IndyCar adjust it's schedule so the Detroit Races can kickoff or end the Detroit Auto Show - they can both help each other with fantastic co-events.....or will they be asleep at the wheel again and miss a golden opportunity?

UPDATE In today's press conference it was mentioned that there was a desire to not hold the race and the Auto Show at the same time, but tying them together in some way probably makes a lot of sense. For example - have the Detroit GP winner and his car at the Auto Show, or if the Auto Show is first, have a race display and drivers at the show meeting and greeting people.

07/23/18 This rumor is upgraded to 'strong' today.  The North American International Auto Show (NAIAS) announced that starting in 2020 the show would make a transformational move to June and will start the week of June 8th. The ability for participating brands to deliver dynamic exhibits and experiential opportunities outside of the show’s four walls for attending journalists, industry members and consumers, will provide new avenues to showcase the products and technologies on display. Delivering greater ROI through reduced costs and dynamic opportunities will be a key aspect of the future show. 

Read more & Comment...
08/03/18
imsa

IMSA to separate LMP2 and DPi into separate classes
The France family can't have those foreign cars beating their DPIs
The France family can't have those foreign cars beating their DPIs
Friday evening at Road America IMSA President Scott Atherton is likely to announce the DPi and LMP2 classes will be separated, as well as significant cost-cutting measures in GT Daytona.

Sportscar365 thinks that GTD could feature a three-tiered championship next year, with separate titles for the Michelin Endurance Cup, sprint races and overall season, which would allow teams multiple options based on available budgets.

Comment
08/03/18
f1

Ricciardo to leave Red Bull for Renault (Update)
Daniel Ricciardo in yellow next year?
Red Bull just lost their best driver

UPDATE This rumor is now upgraded to 'fact' with this announcement just out by Red Bull.

Daniel Ricciardo has advised Aston Martin Red Bull Racing that he is to leave the Team at the end of the 2018 season.

Having joined the Red Bull family in 2008 as a member of the Red Bull Junior Team, with whom he won numerous junior titles, Daniel made his F1 debut in 2011 at the British Grand Prix. After two seasons with Scuderia Toro Rosso, Daniel joined us in 2014 and to date has brought the team seven victories, 29 podium finishes, two pole positions and 904 championship points.

Read more & Comment...
08/03/18
f1

Officials play down Malaysia night race rumors
Sepang is simply too hot during the day for the fans
Sepang is simply too hot during the day for the fans
(GMM) Reports that Malaysia could return to the F1 calendar with a night race have been played down by officials.

This week, the former Malaysian grand prix circuit at Sepang near Kuala Lumpur launched a floodlighting system.

It has been suggested the venue could be making a new bid to return to the F1 calendar, having relinquished its hosting rights after last year's race.

Read more & Comment...
08/03/18
nasmon

2020 Martinsville Cup race to run under the lights
Martinsville needs a warmer date to avoid snow it has had in the past
Martinsville needs a warmer date to avoid snow it has had in the past
In a video posted on the track’s Twitter page in response to a fan question, Martinsville Speedway President Clay Campbell said, “The earliest a night race at his track would happen is in 2020.”

The 0.526-mile track, the oldest active facility on the NASCAR circuit, finished installing 19 LED lights in Feb. 2017. The project was a result of needing an “insurance policy” after the fall 2015 Cup race ended nearly after sunset.

Read more & Comment...
07/31/18
irl

Herta to test for Harding Racing at Portland, Andretti tie-up possible
Brian Barnhart runs a Chevy team. How will they run as a satellite team to Andretti's Honda team?
Brian Barnhart runs a Chevy team. How will they run as a satellite team to Andretti's Honda team?
Harding Racing president Brian Barnhart told The Indianapolis Star the team is looking forward to the upcoming Portlant test with Colton Herta.

“We are happy to be able to provide Colton his first test in IndyCar,” Barnhart said. “After his success in Indy Lights, his next step is a test in an IndyCar. It is also part of what we have been talking about doing the last month or so with driver evaluations.” 

There are several unique aspects of this story:

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07/31/18
irl

Meyer Shank Racing hopes to run 10 races in 2019
Mike Shank
Mike Shank
Meyer Shank Racing is planning to undertake a 10-race IndyCar program in 2019 as a continuation of its partnership with Schmidt Peterson Motorsports, ahead of an intended future full-time expansion.

The sportscar outfit signed a deal to run Jack Harvey for six races in 2018, having previously run the Briton in last year's Indianapolis 500.

Read more & Comment...
07/30/18
f1

Renault, McLaren and Williams to block Force India deal?
Renault, McLaren and Williams looking to screw Force India deal
Renault, McLaren and Williams looking to screw Force India deal

Auto Motor und Sport's Michael Schmidt claims that the proposed sale of Force India, which went into administration on Friday, could be thwarted by three rival teams, Renault, Williams and McLaren.

With an eye on the fact that the Silverstone-based outfit might well change hands over the summer break, over the course of the Hungaroring weekend F1 boss Chase Carey sought agreement from all the teams that when changing hands, Force India could continue, albeit with a new name, and thereby still receive its share of the TV revenue and prize money.

Read more & Comment...
07/30/18
irl

Will the next Mario Andretti be a great as the first?
From left, Mario, Mario and Mia Andretti
From left, Mario, Mario and Mia Andretti

Will the Mario Andretti legacy continue for decades to come? The next Mario Andretti (L) is pictured here with his sister Mia and grandfather Mario Andretti in this adorable photo from Mid-Ohio this weekend.

Mario and Mia are the youngest children (twins) of Michael Andretti - born in February 2014.

Is it any coincidence that young Mario was born almost 74 years to the day after Mario #1? Did he inherit the same driving abilities as grandpa and dad?  Time will tell.

Comment
07/29/18
irl

Overheard at Mid-Ohio - Sunday
Mark Miles
Mark Miles

UPDATE  It's about 25 minutes before the green flag and a cloud cover has made its way over the Mid-Ohio Sports Car Course. Word from the AR1 central Ohio Weather Bureau is that while there may be some showers with a 30-40 mile radius of the track, those showers will most likely miss the Mid-Ohio Sports Car Course. 

Also, AR1 bumped into Hulman & Co. CEO Mark Miles about an hour ago, and we asked Miles about the rumors of Liberty Media possibly buying the Verizon IndyCar Series and the Indianapolis Motor Speedway

Read more & Comment...
07/29/18
f1

Vandoorne to Sauber, Leclerc to Haas, Grosjean out?
Will Vandoorne remain at McLaren after being buried by Alonso?
Will Vandoorne remain at McLaren after being buried by Alonso?
(GMM) Frederic Vasseur has played down rumors linking Stoffel Vandoorne with Sauber.

The latest 'silly season' rumor in Hungary is that Kimi Raikkonen's closeness to new Ferrari CEO Louis Camilleri could have saved the Finn's cockpit for 2019.

Now, Charles Leclerc could instead be leaving Sauber to join the stronger Ferrari-powered team Haas.

Read more & Comment...
07/29/18
f1

2019 to begin with F1 testing in Bahrain (Update)
The teams lost one day to snow this past winter in Barcelona
The teams lost one day to snow this past winter in Barcelona

UPDATE This rumor is downgraded to 'false' today.

Formula 1 has scrapped plans to hold a single, five-day pre-season test in Bahrain next year.

RaceFans reports the 2019 F1 season will begin with two four-day tests, as it did this year. The tests are expected to take place from February 18th to 21st and February 26th to March 1st.

Read more & Comment...
07/28/18
irl

Overheard at Mid-Ohio - Saturday
Kyle Kaiser
Kyle Kaiser

We chatted briefly with IndyCar rookie Kyle Kaiser. The 2017 Indy Lights champion scored a best finish of 16th at Long Beach in four starts this season with Juncos Racing. Kaiser noted that he has nothing lined up at the moment but that he is working to be back in the series for 2019, and told us he would likely know more in a few weeks.

If you read yesterday’s Overheard, you know we mentioned the cost of Indy Lights. Lights, of course, has seen incredibly small fields this year (there are 7 entries this weekend), as the series has lost entries from Carlin and Team Pelfrey amongst others in recent years.

Read more & Comment...
07/28/18
nasmon

Bubba Wallace to stay with RPM for 2019 (Update)
Bubba Wallace
Bubba Wallace

UPDATE This rumor is upgraded to 'fact' today.

Richard Petty Motorsports (RPM) is pleased to officially announce that it has picked up the option to extend Darrell "Bubba" Wallace Jr. as the driver of the No. 43 Chevrolet Camaro ZL1 in a multi-year agreement. The confirmation was made today by NASCAR Hall of Famer and team co-owner, "The King" Richard Petty at the Pocono Raceway. Wallace, 24, is currently in his first full season in the Monster Energy NASCAR Cup Series and is contending for the Sunoco Rookie of The Year award.

Read more & Comment...
07/27/18
irl

Piedrahita to IndyCar in 2019?
See this Overheard from Mid-Ohio. Former Indy Lights driver Juan Piedrahita is looking at either a full or part-time move to IndyCar in 2019. 

Comment
07/27/18
irl

Overheard Friday at Mid-Ohio
Simon Pagenaud
Simon Pagenaud

Going by Friday standards, it’s been an interesting day at the Mid-Ohio Sports Car Course. Between the first two Verizon IndyCar Series practice sessions for the Honda Indy 200 at Mid-Ohio, there were a total of 7 red flags. We asked around the paddock as to why there were so many stoppages.

I talked to 2016 series champion Simon Pagenaud about this and he noted the new car, and the difficulty many have had coming to grips with it. In particular, the driver of the No. 22 Menards Team Penske Chevrolet referenced the sensitivity of the new aero kit to the many undulations on what he calls a “real commitment track.”

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07/26/18
f1

Force India's days are numbered (7th Update)
UPDATE Mexican Formula One driver Sergio Perez described his Force India team's financial situation as 'critical' on Thursday, and recognized that his own future remained uncertain.

"At the moment the situation is critical," Perez told reporters at the Hungarian Grand Prix.

"There’s no secret that the financial problems have held the team back quite a bit.

Read more & Comment...
07/26/18
f1

Toro Rosso technical director James Key set to join McLaren
James Key
James Key
Toro Rosso technical director James Key is set to join McLaren according to a report by the BBC.

McLaren is undergoing a period of reorganization as the reality of its struggles has become clear, with team boss Zak Brown recently admitting to Motorsport Week that it will take years for the team to fully recover.

Key's appointment comes after the sacking of racing director Eric Boullier last month and the removal of chassis chief Tim Goss in April. In addition to that, it's also been reported that McLaren's engineering director, Matt Morris, has resigned.

Read more & Comment...
07/26/18
f1

Williams to buy Mercedes gearbox in 2019
Lance Stroll in the Williams
Lance Stroll in the Williams
(GMM) Williams will take a step towards becoming a Mercedes 'B team' in 2019.

The once-great British team now has the slowest car on the grid, with its last champion Jacques Villeneuve saying Williams is effectively "dead".

Mercedes could be the solution.

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07/25/18
f1

Ocon could switch to Renault in 2019 (Update)
Carlos Sainz Jr.
Carlos Sainz Jr.
UPDATE
 (GMM) Carlos Sainz Jr. is not yet out of the running to keep his Renault seat for 2019.

What is known is that Nico Hulkenberg is staying with the French works team.

"I am still pleased with my decision to join Renault," the German told Auto Hebdo.

Read more & Comment...
07/24/18
f1

Marchionne in deep Coma, condition 'irreversible' (2nd Update)
Sergio Marchionne in a deep coma?
Sergio Marchionne left in vegetative state from blood clot on the brain

UPDATE Former Fiat Chrysler Automobiles CEO Sergio Marchionne suffered an embolism while undergoing an operation for an invasive shoulder sarcoma and has irreversible damage to his brain function, and he had failed to tell Fiat Chrysler Chairman John Elkann of the seriousness of his illness, an Italian business website reported Tuesday.

Lettera43in a report Tuesday citing anonymous sources, said Marchionne, 66, had been diagnosed "long ago" with the invasive shoulder sarcoma -- a malignant form of cancer that can develop in the body's soft tissue -- and "expressed some doubts" about the effectiveness of the high-risk operation he underwent at the University of Zurich in late June.

Read more & Comment...
07/24/18
irl

Steak N Shake back to RLL?
Graham Rahal
Graham Rahal
Rahal Letterman Lanigan Racing is still in discussions with Steak N Shake over a possible return to the team and Graham Rahal's car, per Bobby Rahal who added that SNS enjoyed the deal but had to temporarily reallocate funds.

"I definitely think there is an interest on their part to come back and grow the relationship."

Comment
07/23/18
f1

2019 Miami F1 Race date in jeopardy (5th Update)
Tom Garfinkel
Tom Garfinkel

UPDATE This rumor is upgraded to 'fact' with today's official Announcement.

07/21/18 A former executive of Chip Ganassi Racing and NASCAR team owner has been named in official documents as the promoter of the Miami GP Motorsport.com reports.

Tom Garfinkel is also the vice-chairman, president and CEO of the Miami Dolphins, and also the Hard Rock Stadium that the NFL team uses.

Read more & Comment...
07/23/18
nasmon

Big Changes To NASCAR's Schedule Coming In Next Decade
Even down to one race New Hampshire saw a minuscule crowd all weekend.
Even down to one race New Hampshire saw a minuscule crowd all weekend. Two races per track is no longer viable and with TV ratings also plummeting, NASCAR may not be financially viable much longer without major changes.

The Monster Energy NASCAR Cup Series schedule has been "relatively stable over the past decade, but, if the input of various parties means anything, there could be a significant shakeup when the calendar moves" into the next decade, according to Mike Hembree of USA TODAY.

Stewart-Haas Racing co-Owner Tony Stewart "wants to use the success of the Camping World Truck Series events" at Eldora Speedway, which he owns, to convince NASCAR officials to "schedule a Cup race at the track."

The Cup series "hasn't raced on dirt" since '70. Driver Kyle Busch also "jumped into the conversation" recently, urging NASCAR to "consider more Cup events at tracks less than a mile." Meanwhile, a successful Roval race at CMS in September "could prompt consideration of similar approaches at other locations." 

Read more & Comment...
07/23/18
f1

Did the FIA get bribed to reveal Ferrari's secrets?
Did Whiting leak Ferrari's secrets to Wolff?
Did Whiting leak Ferrari's secrets to Wolff?

We already know that Lewis Hamilton is the FIA's 'pet' driver by their failure to issue a penalty for a clear infraction Lewis Hamilton committed in the German GP Sunday.

Now comes word that Mercedes wined and dined Charlie Whiting and team in their hospitality unit Sunday, possibly trying to get them to leak what Ferrari's secret is (to its power advantage) because they are not smart enough to figure it out on their own.

Read more & Comment...
07/21/18
f1

Marchionne out at Fiat Chrysler, Ferrari amid health crisis (Update)
What happened to Sergio Marchionne during shoulder surgery? What did they find?
What happened to Sergio Marchionne during shoulder surgery? What did they find?

UPDATE This rumor is now 'fact.' In a statement issued by FCA, Marchionne was confirmed to be unable to return to work as a result of his state of health.

"With reference to the health of Sergio Marchionne, Fiat Chrysler Automobiles communicates with profound sorrow that during the course of this week unexpected complications arose while Mr. Marchionne was recovering from surgery and that these have worsened significantly in recent hours," the statement reads. 

"As a consequence, Mr. Marchionne will be unable to return to work. The Board of Directors of FCA, meeting today, firstly expressed its closeness to Sergio Marchionne and his family and underlined the extraordinary contribution, both human and professional, that he has made to the Company in these years."

Read more & Comment...
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