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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

Weekly Recap: FCA hit with record fine as NHTSA crackdown continues

The National Highway Traffic Safety Administration slapped Fiat Chrysler Automobiles with a record fine this week that could reach $105 million. The punishment comes after NHTSA found problems with the automaker's execution of 23 recalls that affect more than 11 million vehicles. The consent agreement, announced Sunday, calls for FCA to pay a $70-million cash fine and requires the company to spend at least $20 million over a three-year period on industry outreach programs and to beef up old recall campaigns. Failure to comply will result in another $15-million fine. FCA also agreed to federal oversight, which includes an independent monitor to oversee the company's recalls. The $70-million cash fine equals a penalty NHTSA levied on Honda in January. "Fiat Chrysler's pattern of poor performance put millions of its customers and the driving public at risk," NHTSA administrator Mark Rosekind said in a statement. "This action will provide relief to owners of defective vehicles, will help improve recall performance throughout the auto industry, and gives Fiat Chrysler the opportunity to embrace a proactive safety culture." FCA called the deal a "consensual resolution," but admitted that it "failed to timely provide an effective remedy" during certain recalls. "We are intent on rebuilding our relationship with NHTSA and we embrace the role of public safety advocate," the company said in a statement. The announcement kicked off a busy week for the automaker. NHTSA agreed FCA did not need to recall 4.7 million vehicles after an investigation failed to find defects with a power module used in some Jeep, Dodge, and Ram vehicles. A Georgia judge also reduced a civil verdict involving a death in a Jeep Grand Cherokee crash. Amid all of that, the company reported net profit of about 333 million euros, or $364 million in the second quarter on Thursday. OTHER NEWS & NOTES FCA ramps up Hellcat production Despite a decidedly legal and financial week for FCA, there was still time for the performance side of the business to briefly grab the spotlight. The automaker is more than doubling its production of the Dodge Challenger and Charger SRT Hellcats in response to strong demand. The order bank opens the second week of August and production begins in September. FCA will finish up its scheduled 2015 model-year Hellcat builds, and cancel any "unscheduled" versions, though customers will get discounted pricing for 2016.

FIA president and former Ferrari boss Jean Todt named UN special envoy

Jean Todt, the 69-year-old former Scuderia Ferrari boss, Ferrari CEO and current FIA president has been named the United Nation's special envoy for road safety. UN Secretary General Ban Ki-moon announced the appointment Wednesday in Paris. Citing the 1.3 million people killed and the 50 million people injured each year on the world's roads, the UN is appointing Todt to mobilize "sustained political commitment towards road safety." Beyond that, the Frenchman will work towards raising awareness of the UN's "road safety legal instruments." "The road safety challenge is too often ignored, but road injuries are the number one killer of young people aged 15 to 29. That being the case, it deserves much more attention on the global political agenda," Todt said in the attached statement. "This appointment will bring greater visibility to efforts to tackle this health and development crisis, as well as new leadership and renewed momentum." Meanwhile, the FIA also confirmed Todt and 44 other delegates in Nepal to attend the organization's Asia-Pacific Sport Regional Congress in Kathmandu were safe after the country was struck by a devastating earthquake last week. Scroll on down for the official press release from the FIA. FIA President Jean Todt appointed as UN Special Envoy for Road Safety UN Secretary General Ban Ki-moon has appointed FIA President Jean Todt as his Special Envoy for Road Safety at a meeting held today in Paris. In this capacity, he will assist the UN Secretary General in mobilizing sustained political commitment towards road safety. Mr. Todt will also advocate and raise awareness about the United Nations road safety legal instruments, and share established road safety good practices, through his participations in global and regional conferences on road safety. In addition, the Special Envoy for Road Safety will generate funding for advocacy efforts through strategic partnerships between the public, private and non-governmental sectors. FIA President Jean Todt said: "The road safety challenge is too often ignored, but road injuries are the number one killer of young people aged 15-29. That being the case, it deserves much more attention on the global political agenda." adding "This appointment will bring greater visibility to efforts to tackle this health and development crisis, as well as new leadership and renewed momentum". "In my position as FIA President, with the backing of our members, road safety has become a key priority.