Stefano Domenicali quits as Ferrari boss with immediate effect

Ferrari boss Stefano Domenicali has reportedly resigned from his post as the team principal with immediate effect.

Domenicali, who will be replaced by Marco Mattiacci after being in charge of Ferrari since replacing Jean Todt in 2008, said that there are particular moments in everyone's professional life where one needs the courage to take difficult and very painful decisions.

According to the BBC, Domenicali said that it is time for an important change for the Italian team, who has failed to register a podium finish in the opening three races in this Formula One season.

Domenicali said that as boss, he takes the responsibility for the situation Ferrari is going through, adding that he took his decision to resign with the aim of doing something to shake things up.

Ferrari's drivers have reportedly failed to win the world title since Kimi Raikkonen's success in 2007.

Ferrari president Luca Di Montezemolo said that he thanks Domenicali, not only for his constant dedication and effort, but also for the great sense of responsibility he has shown, even today, in always putting the interests of Ferrari above all else, the report added.