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iTunes chief joins Ferrari board

Ferrari has invited Eddy Cue, the Apple exec who oversees iTunes and owns a collection of sports cars, to join its board of directors.

A Ferrari whose driver is obviously a fan of Apple. Dan Farber/CNET

Ferrari, one of the iconic names in high-performance sports cars and Formula 1 racing, has invited Apple's iTunes' chief to join its board of directors.

Eddy Cue, Apple's senior vice president for Internet software and services, said in a statement released by the Italian car company that he is "proud to become a member of the board."

Cue owns a collection of sports cars, including a Ferrari, according to people who were interviewed for a CNET profile on Cue that was published last week.

In the statement about his board position, Cue said that five years ago he finally realized his childhood dream of owning a Ferrari. "I continue to be awed by the world-class design and engineering."

Cue is obviously confident he can find the time to help Ferrari when Apple is relying on him more than ever. Not only does he oversee the iTunes Store but he's also responsible for iAds and iCloud, and was recently asked to turn around Siri and Maps.