Luca Cordero di Montezemolo said Italy had reached "the point of no return".

BBC: Ferrari boss calls on Italy PM Berlusconi to resign

The theme is taken up vigorously by Luca Cordero di Montezemolo, chairman of both Fiat and Confindustria, the Italian business lobby.

ECONOMIST: So easy to pinpoint what is wrong, so hard to put it right

Luca Cordero di Montezemolo, the chairman of Ferrari, hinted in a letter to Corriere della Sera, a daily, that he might stand at the next election as head of a new party.

ECONOMIST: Italian politics