Luca di Montezemolo has said that Bernie Ecclestone's leadership in Formula 1 is nearing an end.
The Ferrari president believes that the sport needs to take a new direction.
Di Montezemolo told reporters: "We are very close to opening a new page in the future of F1, acknowledging the good work that Bernie has done but moving on.
"I always say to Bernie the one-man show in life is finished.
"We are slowly approaching the end of a period characterised by the style of one man who has done significant things."
The 2013 F1 season gets underway with the Australian Grand Prix on March 17.