The Turin-based publication also report that Ancelotti's future had already been decided before this weekend.
Rome-based Corriere dello Sport welcomed Ancelotti's sacking because they are now linking the coach to Roma.
Ancelotti won the Italian title with Roma as a player in 1983 and has made no secret of his desire to manage the club one day.
Roma are looking to replace Vincenzo Montella this summer.
Corriere dello Sport's headline said: "Ancelotti is free from today; Chelsea have already sacked him".
National newspaper La Repubblica preferred to focus on Ancelotti's achievements during his brief spell at Chelsea.
It said: "Ancelotti's adventure at Chelsea ends after two years. In his first season, he won the Premier League and FA Cup".