Reports out of Italy claim Lamborghini CEO Stephan Winkelmann is about to be replaced by former Ferrari [NYSE:RACE] Formula One boss Stefano Domenicali. Some readers will recall that Domenicali, 50, joined Lamboghini’s parent company Audi almost immediately after resigning from Ferrari in 2014, which led to speculation that he was about to head a new F1 entry for the German automaker.

Audi quashed the rumors it was about to enter F1 but admitted it hired Domenicali to work on some advanced projects. Now Italy’s La Gazzetta Dello Sport is reporting that Domenicali is in negotiations for the top job at Lamborghini.

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But what about Stephan Winkelmann? The 51-year-old, who has led Lamborghini quite successfully for the past decade, is rumored to be taking up a new assignment at Audi Quattro GmbH. The Audi performance division is responsible for the RS cars as well as special models like the R8 supercar.

If the reports are accurate, perhaps it means Lamborghini is about to step up its role in motorsports. The automaker is still new to the world of motorsports, with its first factory-backed effort coming only this year in the Blancpain Endurance Series.

Stay tuned for an update.

Stefano Domenicali

Stefano Domenicali


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