An Italian by the name of Aldo Costa will become 'chief designer' at Ferrari when veteran Rory Byrne retires in February 2007. South African Byrne said Costa's design 'signature' - not his own - will be on the new F2005 car.
"In 2007 I will go to Phuket, in Thailand, where my wife and I have bought land by the sea and will build holiday cottages for tourists," he told newspaper La Gazzetta dello Sport.
Byrne said Costa is already 'taking over' many of his long-standing responsibilities in the design department at Maranello. He said he could 'remain involved' in some capacity with Ferrari beyond 2007. F1 principal Jean Todt is reportedly offering Byrne a 'lifetime' Ferrari deal.
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