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Montezemolo says he has "no good news" on Schumacher

Former Ferrari president Luca di Montezemolo said on Thursday that he has "no good news" about Michael Schumacher's condition. Speaking to journalists on stage in Milan at the Quattroruote Day, where he was awarded the Premio Gianni Mazzocchi in memory of the newspaper's founder, di Montezemolo was asked about the seven-time world champion. And more than two years on from the skiing accident that left Schumacher with serious head injuries, di Montezemolo suggested there had been no positive developments. "I have unfortunately not good news," di Montezemolo said on stage. "Michael was a great driver, and we experienced a long time together in both our personal and professional lives. But life is really strange. "He was the most successful driver of Ferrari and in his career he had only one accident, in 1999. But unfortunately a fall in a ski accident has had serious consequences." The Schumacher family has kept details of the German's conditions a closely guarded secret, although has made it clear that he faces a long recovery. Earlier on this year, Schumacher's manager Sabine Kehm slammed as 'irresponsible' a report that he was able to walk again. "Such speculation is irresponsible, because given the seriousness of his injuries, his privacy is very important for Michael," she said. "Unfortunately they also give false hopes to many involved people." This article by Jonathan Noble originally appeared on Motorsport.com, the world's leader in auto racing news, photos and video. Image Credit: AFP via Getty Images Celebrities Motorsports Ferrari F1 michael schumacher luca di montezemolo

Ferrari Modulo catches fire driving through Monaco

Accidents happen when you drive a car. The one-off Ferrari Modulo concept is not immune to such a fate, as the spaceship of a car recently caught on fire while out driving. In fact, it's certainly far more likely for an untested concept car to experience more issues than any kind of a production car that's gone through years of testing and development. This particular incident was documented on Twitter by Scuderia Cameron Glickenhaus. Jim Glickenhaus and his team recently bought the Modulo concept with the intention of making it road-worthy. The car was originally shown at the 1970 Turin Motor Show. We've since seen videos of it driving around, but this last drive went all sorts of wrong. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. As Glickenhaus details in his tweets, the muffler was responsible for the blaze that damaged the rear of the vehicle. He says that an unnamed firm they're no longer involved with designed the muffler that caught fire. Glickenhaus was prepared for such an occurrence (it does have a Ferrari engine in there after all). Jokes aside, the onboard fire suppression system did its job and extinguished the fire shortly after it began, saving the rest of the car. Unfortunately, it didn't act fast enough to save it from some pretty nasty damage to the rear of the body. Glickenhaus was driving the car through downtown Monaco when the fire began, so we can assume there was an excessive amount of heat building up in there. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Surprisingly, Glickenhaus is continuing to drive about even after the fire. He tweeted a photo just an hour after the blaze showing the scarred Modulo charging up the mountains around Monaco. It's tough to trust a car right after a faulty design just caused it to catch fire, but who are we to doubt Glickenhaus? No plans for restoration were detailed yet, but we imagine the Glickenhaus team will have it looking like new as soon as it can. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. View 19 Photos

F1's Sebastian Vettel says mistakes happen but he's not making too many

SPIELBERG, Austria — Ferrari's Sebastian Vettel has hit back at suggestions he has been making too many mistakes to win this year's Formula One championship. The German, a four-time world champion like Lewis Hamilton, was penalized at last weekend's French Grand Prix for colliding with his Mercedes rival's Finnish teammate Valtteri Bottas at the start. Vettel ended up fifth after coming back through the field. That left Vettel 14 points behind Hamilton after eight races, with both title contenders on three wins each and the German having started half the races from pole position. "It's racing. There are some errors you shouldn't do, some errors that happen. It depends on the type of error," Vettel, in good spirits, told reporters ahead of Sunday's Austrian Grand Prix. "I've had a lot of races. It happens, unfortunately, at times. I try to minimize it, but I'm not worried. I don't think there is something fundamentally wrong," he added. "I think we know what we are doing — I hope I know what I'm doing most of the time, so I should be fine." The German lost places in Azerbaijan in April, when he started on pole but finished fourth, after he made a bid for the lead, locked up and ran wide following a safety car re-start. In China, a collision with Red Bull's Max Verstappen dropped him down the order, after the pre-race favorite had initially made a good start from pole. Hamilton has meanwhile gone 33 successive races in the points, and his off days have been less costly than the Ferrari driver's. "It's a long way to go, and it's normal some things happen along the way," said Vettel. "Obviously you are trying to push the limits. It didn't cross my mind when I was in Baku to just stay behind, surrender, and maybe wave another person past, just to collect some points," he added. "That's not how I define racing. I tried to go for the gap, I went for it, it was there, and I didn't make it. It didn't work. Sometimes it works out, and it's great. Sometimes it doesn't." Reporting by Alan Baldwin