Who owns Ferrari? Exor owns ferrari. Originally operating under the Alfa Rome brand, Enzo Ferrari was released in 1939 to start his own company. While all Ferraris have clearly remained a Ferrari since the day the Maranello, Italy manufacturing plant opened, the company had multiple owners over time.
Starting in 2020, the public will own the majority of Ferraris, but if you believe that Ferrari does not belong to FIAT, you are not alone (only a few years late). Join us as we discuss the details of which Ferrari currently belongs and the ownership history.
Ferrari is an Italian manufacturer of luxury sports cars and a brand that represents sex appeal, Rosa Corsa (or the “Race Red” color), and the rearing horse logo. Ferrari is now a public company and remains active in motorsport.
Ferrari was created by Enzo Ferrari, a racing driver and businessman who founded Scuderia Ferrari in Modena, Italy in 1929 to supply Alfa Romeo racing cars. In 1938, Alfa Romeo brought its racing operations in-house and Ferrari headed the new racing department, for a short time.
Enzo Ferrari left Alfa Romeo in 1939 and founded Auto Avio Costruzioni, which made tools until 1940, when Ferrari was making a racing car, the Type 815. A few years later, in 1943, Ferrari moved its headquarters and factory to Maranello.
Ferrari was not technically a car manufacturer until Enzo Ferrari sold cars under his own name in 1947, when the first road car with the Ferrari logo was completed, the 125 S.
Since the public owns a majority stake in Ferrari, you can read it in two ways: the shareholders own Ferrari or Ferrari owns Ferrari. There is nothing wrong with looking at it because either way it means that the people who make the decisions about new Ferrari models, register and catalog their classic Ferrari, all have one thing in mind: the future of the brand and the reputation of Ferrari.
After restructuring to create Ferrari N.V. As of the controlling company of the Ferrari group, FIAT Chrysler Automobiles (FCA) sold 10% of its shares and distributed the remaining 80% of the shares to FCA shareholders. Piero Ferrari (Enzo’s son) owned 10% of Ferrari. Ferrari is currently owned primarily by the public:
- 67.09% Public
- 22.91% Exor N.V. (Owners of FCA)
- 10.00% Piero Ferrari
Enzo Ferrari parted ways with Alfa Romeo in 1939 and led the company for more than 20 years before seeking outside investment opportunities. Aware of the need to expand the industrial side of the business, Ferrari made a number of changes, including conversion to a limited liability company in 1960.
Although there were other potential buyers, FIAT Spa eventually acquired a 50% stake - Significant Ferrari stake production expansion. From 1969 to 1988, FIAT expanded its ownership from 50% to 90%; Enzo Ferrari had the remaining 10%. After Enzo’s death, his stake passed to Piero.
In 1988, Enzo Ferrari oversaw the launch of the Ferrari F40, the last new Ferrari to hit the market before his death that same year. In 1989, the company was renamed Ferrari S.p.A. renowned. From 2002 to 2004, Ferrari produced the Enzo, its fastest model at the time, which was introduced and named after the company’s founder, Enzo Ferrari.
It was supposed to be called the F60, a sequel to the F40 and F50, but Ferrari was so pleased with it that they named him Enzo. It was originally offered to loyal and returning customers, each of 399 manufactured (minus the 400 donated to the Vatican for charity) priced at $ 650,000 each (£ 400,900 equivalent).
On 15 September 2012, 964 Ferrari cars valued at more than $ 162 million (£ 99.95 million) participated in the Ferrari Driving Days at the Silverstone Circuit and passed the world record-setting Silverstone Circuit.
Former Ferrari CEO and president, Luca di Montezemolo, resigned after 23 years from the company to be succeeded by Amado Felisa, and finally, Amado resigned on May 3, 2016, being replaced by Sergio Marchioness, CEO, and president of Fiat Chrysler Automobiles, Ferrari’s parent company. In July 2018, marchioness was replaced by Executive Board member Louis Camilleri as CEO and by John Elkann as President.
On October 29, 2014, the FCA group, which had emerged from the merger of the manufacturers’ Fiat and Chrysler, announced the spin-off of its luxury brand Ferrari. The goal was to turn Ferrari into an independent brand, 10% of which will be sold in an IPO in 2015. After the stock market closed on October 20, 2015, Ferrari officially rated its IPO at $ 52 per share. .
On December 10, 2020, CEO Louis Camilleri announced his resignation as CEO and President John Elkann will assume the role of interim CEO until a permanent successor is selected.
On June 9, 2021, the company announced the appointment of Benedetto Vigny of STMicroelectronics Geneva as the next CEO starting in September.
No. Fiat spA has controlled Ferrari for more than fifty years; people are destined to be confused. But there is a story about partial ownership until the shares are given away. In 1969 Enzo Ferrari sold fifty percent of the shares of Fiat SpA.
In 1988, Ferrari expanded its holdings by acquiring a 90% stake in Ferrari spA. Total ownership of the company was not expanded to include Fiat, although the 90% deal was extended until 2014. Fiat announced and started the process of separation from Ferrari spA.
During the separation process, Exor N.V was founded as the parent company of Ferrari spA, while Fiat sold its stake. Fiat owned many Ferrari SpAs for so many years, but Enzo Ferrari owned 10% of his company, which prevented him from owning it completely. Fiat has renounced its participation in Ferrari spA and has distributed 80% of its shares to its shareholders.
In 1963, after Enzo Ferrari founded Ferrari spA, Henry Ford personally met Enzo Ferrari with a business proposal to buy Ferrari spA. He began the asset review and the proposal continued until Enzo Ferrari realized that signing the contract would not allow him to keep his position at the helm of the Ferrari racing team. As a result, the deal was canceled and Enzo withdrew. In 1969, Enzo Ferrari sold half of his company shares to Fiat SpA to get a better deal.
Does the own Public Ferrari?
Yes. After the spin-off and separation of Fiat from the Ferrari group, Ferrari became an independent public company as of January 2016.
The public currently owns the largest shares of Ferrari. It is estimated at 67.09%.
Ferrari’s second-largest owner and the company’s largest individual shareholder is Exor N.V., a Dutch holding company with an exciting history of ownership dating back to the 20th century.
Exor N.V. is a company run by the direct descendants of one of the founders of Fiat, Giovanni Agnelli. Exor N.V. It was recently considered the 24th most prominent group in the world with a net worth of $24 billion. Exon
Pierro Lardi Ferrari is the second son of Ferrari founder Enzo Ferrari and the owner of Ferrari. He is a 70-year-old billionaire and the only living heir to Enzo Ferrari and his lover Lina Lardi. As the illegitimate son of the manufacturer, he was unable to enter his father’s business at the time.
Also, divorce was illegal in Italy at the time, preventing him from being considered a family. In 1978, when the divorce was finally legalized, Pierro had the opportunity to become the heir to Ferrari SpA. Pierro Ferrari has loved mechanics since childhood and graduated from the Fermo Corni Institute in Modena in 1964 with a degree in mechanical engineering.
He worked with his father to oversee the production of road vehicles. He later he became the organizer of the auto racing department. Following the death of his father in 1988, Pierro Ferrari became vice president of Ferrari Spa. In 1998, Pierre Ferrari became president of Piaggio Aero Engineering and won the Cavaliere Del Lavoro award in 2004.
After the death of his father, he passed 10% and the importance of the ownership of his 10% of the shares of the company. Thus, he owns the smallest stakes in the company, accounting for just Third of his $ 4 billion net worth.
The history of Ferrari is interesting, and while Ferrari is one of the best-known brands in the world, many people are often confused about the origins of the company.
So Ferrari is Italian?
Ferrari is an Italian road car and racing team manufacturer based in Maranello, Italy. It was founded by Enzo Ferrari in 1947 and today makes premium one-, two- and four-seater sports cars. After Enzo’s death, the remaining 10% stake passed to his son Piero Ferrari.
So it’s Italian, right? Well, like many things in life, it is not that easy! As you can see, it’s the other little 90% thing! The best thing is to have a coffee because the twists and turns are interesting and the result is not what you expected at all!
Enzo Anselmo Giuseppe Maria Ferrari was the founder of Ferrari and was born on February 20, 1898, in Modena, Italy. During World War I, Enzo joined the Italian Army and served in the Third Mountain Artillery Regiment. In 1916, however, Enzo lost both his father and his brother to the Italian flu epidemic, and Enzo himself became very ill. As a result, he was discharged from the army in 1918 after barely surviving.
His father’s carpentry shop had collapsed and he could only work as a test driver for a small car company. But he was interested in motorsports from a very young age and managed to make his first trip in 1919 up the hill from ParmaPoggio di Berceto to ParmaPoggio di Berceto. He finished fourth and showed that he has talent.
His breakthrough came in 1920 when he joined the Alfa Romeo racing team as a driver. His first Grand Prix victory came in 1923, a year later he achieved three victories in one season. But the moment that changed his fate was in 1925 when his racing friend, Antonio Ascari, died in an accident. Enzo’s heart was no longer racing.
In 1929 he founded Scuderia Ferrari, a racing division of Alfa Romeo, but which was led by Enzo. It was his first entry into team management and would eventually become Ferrari’s leadership.
The team was successful, but Alfa Romeo struggled financially, so took over Enzo’s Scuderia Ferrari racing team. Enzo wanted to start his own Scuderia, but an Alpha clause meant that he couldn’t use his own name.
World War II broke out and Enzo focused on manufacturing mechanical products for the Italian war effort. But after the war ended in 1945 and he now owned land for a factory in Maranello, he was able to focus on his first road cars.
Enzo founded the company simply under the Ferrari name, and his first car was the Ferrari 125S, a beautiful little open-ended two-seater sports car. The company was wholly owned by Enzo Ferrari himself and began to expand the range of road and now racing cars.
It is argued that some of the best automobiles were made in his exclusive possession and that he made a total of 95 different models during that time.
In 1969, Fiat S.P.A. acquired 50% of Ferrari and gave them a sports car division for the first time. Enzo was obviously making a good chunk of money, but more importantly, Ferrari was able to profit from Fiat’s spare parts container.
Other manufacturers were already expanding and producing cars at a lower cost simply by using the same parts. Ferrari, for example, could now use Fiat electronics instead of trying to develop its own.
Unfortunately, Fiat’s own electronics were not very good, and Ferraris suffered a lot of gremlins. However, it must be said that any car that is not used often suffers from reliability problems. Ferraris are mostly casual cars and if used occasionally, the owners’ experience with reliability is not great.
Enzo Ferrari died on August 14, 1988 at the age of 90, leaving the Ferrari F40 as his latest and greatest achievement. In 40 years he has made the car and the brand the icon that it is today.
Fiat doubled its investments by another 40 before Enzo died to secure Ferrari’s future. With only the remaining 10%, his son Piero Ferrari became the beneficiary and the other shareholder of Ferrari.
Ferrari flourished under the leadership of Luca di Montezemolo from November 1991 to September 2014 and brought Ferrari into modern times. They produced some of the best cars they had ever built, providing style, reliability, and ease of use in ways not normally associated with Ferrari.
During this time, Fiat also took over Chrysler and became the Fiat Chrysler Automobile Group. FCA itself was listed on the New York Stock Exchange.
Fiat’s grand plan became clearer and, for the first time, Ferrari was not Italian-owned. Even if it is a small participation. Piero’s stake remained at 10% and continues to do so today.
In 2005, Italian commercial bank Mediobanca turned to an Abu Dhabi sovereign investment group (Mubadala) to acquire 5% of Ferrari shares. FCA faced difficult business conditions and the sale of shares would improve its cash flow.
It was decided to sell 5% of the shares for 114 million euros, on the condition that Fiat can buy back the shares at a later date. Fiat decided several times not to exercise its right and left partial ownership of Mubadala for five years.
Finally, FCA bought back the shares five years later in 2010 for 122 million euros. Mubadala walked away with a return on investment of 8 million Euro OverNight Index Average (EONIA) and Fiat regained control of Ferrari.
For a while everything seemed to be going well at Ferrari. Montezemolo ran the company and produced class-leading cars for him. But below the surface, the main shareholder, the FCA Group, came up with a plan for Ferrari.
Fiat had realized its own vulnerability and wanted Ferrari in a risky position to make sure they could protect the asset. Ferrari was also undervalued as part of the FCA group, and a new directional decision was made.
In October 2015, a month after Montezemolo departure, Fiat announced that it had acquired Ferrari S.P.A. separate from FCA. For the first time in 46 years, Ferrari essentially became an independent company.
The goal was to have a completely independent company that is no longer controlled by Fiat. FCA created a new company called Ferrari N.V. which was incorporated as a holding company.
Ownership was transferred to the new company, and Piero Ferrari still owns 10% of the new company. At the same time, FCA floated 10% of its shares in an initial public offering on the New York Stock Exchange.
The separation was completed and Ferrari became an independent company. All of this was completed on January 3, 2016.
Since then, the FCA has reduced its stake from the remaining 80% to 22.91% of the shares. The rest were sold to the public on the New York Stock Exchange (NYSE).
Is Ferrari still owned by Fiat?
Fiat no longer owns Ferrari and has been an independent company since 2016. Ownership was restructured into the Ferrari NV holding, with Piero Ferrari (founding son) holding 10% of the shares. Fiat Chrysler Automobiles owns 22.91% of the shares, and 67.09% is publicly available through the New York Stock Exchange.
I mentioned earlier that a new company called Ferrari N.V. was founded to own the company after the spin-off. The twist here is that Ferrari N.V. is registered in the Netherlands, so technically it is now a Dutch company.
The reasons for this were undoubtedly taxes and other advantages of the corporate structure, but it certainly puts a twist on those who think the company is Italian. However, the manufacturing has not changed and all the cars are still made in Maranello.
Of the current top shareholders, here is a summary of the top shareholders and who they are:
Ferrari NV – Incorporated in The Netherlands
|Key Ferrari NV Shareholders|
|Position||Shareholders Name||Shareholding %||Who they are|
|1||Exor NV (Private Equity)||24.10%||Private Equity Company and owners of FCA. Largely owned by the Agnelli Family|
|2||Piero Ferrari||10.20%||The son of the founder of Ferrari, Enzo Ferrari|
|3||Baillie Gifford & Co.||7.21%||UK based Investment Management firm which is wholly owned by 44 partners, all of whom work within the firm|
|4||T. Rowe Price Associates, Inc. (Investment Management)||4.16%||American publicly owned global investment management firm|
|Other Shareholders||Less than 1.87%||Publicly traded shares only|
Although Ford never bought Enzo’s company, it was a significant event in the history of his ownership. Before we get into Fiat’s takeover of 50% of the company, we have to talk about Ford.
At this time, Ford was struggling to sell its cars to the younger population. Chevrolet caused a stir with its new Corvette, while Ford lacked the passion, sportiness, and general desire it craved.
To change things, Ford decided to enter the world of racing. Instead of developing their own high-performance racing car, they offered to buy the entire company and all of Ferrari’s assets.
Ford took it badly here. Enzo was apparently eager to finalize the Ford purchase, but things stalled when Enzo learned that he was going to lose control of his racing department and his motorsports program.
Sales contract with “unacceptable” points, underlined by Enzo. Source: DriveTribe
While both groups were sitting at a table shortly before the contract was signed, Enzo doubted part of the contract that said Ford would make all the decisions that would oversee the racing team.
Enzo underlined the words “send” and “procure” twice with a purple pen and then launched a series of insults at Ford executives. After expressing his feelings, Enzo turned to his attorney and said, “Let’s go out to eat,” after which they left the deal, stunned all fourteen Ford executives.
This turn of events prompted Ford to develop its own 24 Hours of Le Mans racing car: the Ford GT40.
On October 10, 2020, the SSC Tuatara managed to win the title of the fastest production vehicle in the world with an average speed of 508.73 km / h and therefore also won the title of the first production vehicle to exceed the 500 km / h. Barrier.
What will be the fastest Ferrari in 2021? 2021 Ferrari SF90 Stradale - By the numbers 062 mph: 2.5 seconds (estimate) Maximum electric range: 25.5 miles (estimate) Quick pickup - An early Ferrari, the SF90 Stradale can with the high-speed, quiet electric handle . slow speeds with surprisingly instant immediacy.
What is the fastest McLaren in the world? The McLaren Speedtail is the fastest McLaren in terms of top speed. Although it is not yet necessary to test it, McLaren has said that the car will exceed 250 mph, which would dwarf the McLaren F1. Speaking of the McLaren F1, it’s hard to imagine that its top speed of 241 mph was delayed in 1998.
List of famous people with Ferraris ranked by fame and popularity. It’s no secret that celebrities love to drive beautiful cars. Many famous people own a model of every luxury vehicle on the market and many actors, athletes, and musicians own Ferraris. Some celebrities pay extra money to customize their Ferraris with the best features and custom features.
Who is the most famous person who owns a Ferrari? Lindsay Lohan tops our list. The Mean Girls actress has a Ferrari in California. Justin Bieber owns several cars, including a Ferrari 458 Italia and a black Ferrari 458 Spider. Bieber even inspired his friend, rapper Tyler, the creator to get a Ferrari F12.
Several legendary musicians also own Ferraris. “Layla” musician Eric Clapton owns a custom made Ferrari SP12 EC that was built from a Ferrari 458 Italia. Black Sabbath singer Ozzy Osbourne owns a Ferrari 458 Italia.
Pink Floyd drummer Nick Mason owns a Ferrari 458 Italia. John Lennon and Elvis Presley also owned Ferraris. Other famous people who own Ferraris include Arnold Schwarzenegger, soccer legend David Beckham, and actor Eddie Murphy. Some of these celebrities even own Ferrari Enzo.
Are you impressed that so many famous people own Ferraris? Would you get a Ferrari if you could afford one? Share your thoughts in the comment section.
- Lindsay Lohan
- Kim Kardashian
- Paris Hilton
- Justin Bieber
- Kobe Bryant
- David Beckham
- Arnold Schwarzenegger
- Nicolas Cage
- Heidi Montag
- Ashton Kutcher
- Eddie Murphy
- Simon Cowell
- LeBron James
- John Mayer
- Elvis Presley
At over $1,000,000, the Enzo Ferrari is one of the most expensive cars in the world. With only 401 produced between 2003 and 2004, they are very popular with celebrities and notable businessmen.
The following list contains all known owners by country of registration:
|Ian Nazareth||Importer of Ferraris to India|
|Roger Penske||owns Ferrari dealership located at the Wynn Las Vegas resort|
|Bernd Pischetsrieder||Chairman of the Volkswagen Group|
|Loris Požar||owner of a slot machine company from Slovenia|
|William J. Pulte||Owner of Pulte Homes|
|Zahir Rana||Owner of yellow Enzo|
|Michael Riemer||Hi-Tech entrepreneur. Owns three Enzos|
|Brian Ross||Ferrari Collector and Commercial Real Estate Entrepreneur|
|Dr Anil K Roy|
|Justin Rubert||Owner of a Casino in San Juan, Puerto Rico|
|Fahed Al-Saad Al-Sabah||Member of the Kuwaiti Royal Family|
|Hamed Salem Al-Sabah||Member of the Kuwaiti Royal Family|
|Peter Schorno||Swiss slot machine manufacturer|
|Michael Schumacher||Also owns the only Enzo based Ferrari FXX painted in all black with asingle racing stripe|
|Shum Ka Wai||founder and chairman of I.T Limited|
|Daniel Sielecki||Argentine Bussinesman|
|Rod Stewart||British singer and songwriter|
|Mohammed Ben Sulayem||Middle East rally champion|
|Jean Todt||Former Boss of Scuderia Ferrari|
|Ron Tonkin||Owner Tonkin Auto Group and Ron Tonkin Gran Turismo|
|Giannis Vardinogiannis||former car rally champion and the first-born son of oil tycoon|
|Donald W. Wallace||Bought car at auction from Pope John Paul II. His son crashed his previous Enzo|
|Willi Weber||manager of Michael Schumacher|
|Bruce Weiner||former owner of Double Bubble Gum|
|Greg Whitten||Chief software architect at Microsoft|
|Pharrell Williams||music producer singer/rapper|
|Steve Wynn||Recently offered for sale through Ferrari|
|Axl Rose||leader of band Guns N Roses|
|Don Huayra||Mexican car collector|
The Ferrari 250 GTO is considered the most beautiful car of all time. It is without doubt the most expensive car ever auctioned. On the rare occasions that a 250 GTO is for sale, it will easily raise more than $ 20 million.
It wasn’t until last August that a 250 GTO set the world auction record when it sold for $ 38 million. That broke the previous record for $ 8.5 million (a 1954 Mercedes).
There are unconfirmed rumors that a secret Spanish collector paid $ 52 million for a GTO in a private sale in November 2013. $ 52 million. For a car. The GTO is basically like the Mona Lisa of cars.
Ferrari produced a total of 36,250 GTOs between 1962 and 1964. They were originally built to compete in the 24 Hours of Le Mans and other high-profile European races. Later models were sold to consumers at a base price of $18,500.
That is the equivalent of $ 145,000 today. Over the next several decades, GTO prices fluctuated from a record low of $ 2,500 in 1969 to $ 48,000 in 1975, $ 180,000 in 1980, $ 300,000 in 1983, $ 500,000 in 1984 to $ 650,000 in 1985 One year later, a GTO broke a million dollars for the first time. In 1989, a GTO sale broke $10 million for the first time.
Prices fell a bit in the early 1990s. Some sold for just $3 million before prices fell again in the early 2000s. Barring a catastrophic economic disaster much worse than 2008 or the Great Depression, you will likely never see a 250 GTO for less than $ 3.04 billion again. A 250 GTO is more likely to sell for $ 100 million in the next decade.
Series I vs. Series II - 330 GTO vs. 250 GTO
In our first version of this article, some readers pointed out that it was incorrect to say that Ferrari originally produced 39,250 GTOs and there are only 33 left. After doing some more research and contacting a friend who is an expert in these matters, it turns out that we were wrong. But when you hear the explanation you will understand how confused we were.
Ferrari initially produced 36,250 GTOs between 1962 and 1964. We originally said that Ferrari produced 33. The confusion lies in the distinction between 250 Series I and Series II GTOs. Ferrari produced 33 Series I and three Series II. The three GTO 250 Series II were produced in 1964 and had a different design, as well as an improved chassis and engine.
The three Series II GTOs that are missing from the list below have chassis numbers 5571GT, 5573GT, and 5575GT. Interestingly, the # 5571GT currently belongs to Bruce McCaw, brother of Craig McCaw (owner of car number 6 on the list below).
Chassis no. 5575GT is owned by Rob Walton (owner of car number 9 listed below). The Series II chassis # 5573GT belongs to someone named Pierre Bardinon whom we have not yet been able to investigate.
To make this even more confusing, sometime in 1964, three of the original 250 Series I GTOs were returned to the factory and rebuilt as Series II models. These three are chassis numbers # 3413 (car number 3 on this list), # 4091 (car number 22 on this list), and # 4399 (car number 14 on this list).
And to make things even more confusing, Ferrari also produced a car called the 330 GTO in 1964, which had the same body and chassis as the 250 GTO, but a different engine.
A total of three 330 GTOs were produced, but the first 330 was scrapped from the factory to build the second, so technically there are only two 330 GTOs left in the world.
If you add it all up, 39 cars were made that would look almost identical to what we all call the Ferrari 250 GTO. Since the factory dismantled one of the 330, only 38 remained. These 38 today consist of:
30 cars from series I
cars 3 from series II
cars 3 from series I that have become series II
So who are the 33 lucky ones that are today the original Ferrari 250 owns a series? I GTO? And how did they get rich enough to be able to afford the most valuable car in the world? Below is a detailed list of everything that is known about these incredibly lucky and wealthy current Ferrari 250 GTO owners.
Some more fun facts: 18 of the 33 cars are in the US Four of them are in California alone. Four are also in England. Almost three are in their home country, Italy. An incredibly lucky collector owns TWO 250 GTOs, so technically there are 32 individual owners of the 33 cars.
1. Chassis #: 3223GT
Owner: Joseph M. Barone and Vanessa Wong, Honesdale, Pennsylvania
Not much is known about the owners of the 250 GTO chassis # 3223GT. We know their names and they paid $10.6 million for the car in November 2004. Historically, this car’s most famous achievement was winning the 1966 Daytona 24-hour race.
Joseph Barone carefully restored the car for several years after purchasing it in 2004. The car won several awards at the Pebble Beach Concours d’Elegance in 2011, including the “Most Stylish Sports Car” award.
2. Chassis number: 3387GT
Owner: Bernard Carl, Washington DC
Bernard J. Carl started out as a real estate attorney. He made a name for himself in finance in the late 1980s after becoming one of Wall Street’s leading experts on mortgage-backed securities. He worked for the Solomon Brothers before joining Texas billionaire Robert M.
The Ferrari belongs to former Microsoft President Jon Shirley. The weekend also saw strong sales at Italian car auctions, mostly Ferraris and cars with Hollywood ancestry.
Ferrari has been a part of Fiat since 1969, when Fiat acquired a 50 percent stake in the automaker. It is one of the two luxury brands owned by Fiat, the other being Maserati
The Fiat Chrysler group eventually gave up direct control of Ferrari, a company it bought in 1969. The group recently sold its 80 percent stake in the Italian cult brand.
Ferrari (/ forəˈrɑːri /; Italian: [ferˈraːri]) is an Italian manufacturer of luxury sports cars based in Maranello. Founded by Enzo Ferrari in 1939 from Alfa Romeo’s racing division as Auto Avio Costruzioni, the company built its first car in 1940.
Cars are a series of tradeoffs limited by size and ease of use. High-performance cars tend to go fast and keep the driver alive. Ferrari is more reliable than it used to be, but it doesn’t top the reliability charts.
While this may seem like a pretty slow pace, keep in mind that part of Ferrari’s charm is its exclusivity. Of all its models, the company only produces around 8,500 cars a year.
Ferrari rental prices 2020/2021 Italy. Ferrari Portofino € 950 (1 day rental); € 5,230 (7-day rental) Ferrari F8 Tributo € 2,150 (1-day rental); € 9,750 (7-day rental) Ferrari 488 Pista € 2,010 (1-day rental); € 11,420 (7-day rental) Ferrari GTC4Lusso € 1,350 (1-day rental); € 6,340 (7-day rental)
Prices from $ 256,550. The drooling 488GTB 0, the latest in a long line of mid-engined Ferraris, is an exotic two-seater worth celebrating with a poster on your bedroom wall.
You can email the customer service team at [email protected] or call one of the toll-free numbers at 8779337727 or 87793377274. Was this content helpful to you? Thank you for your comments!
Ferrari has been manufacturing luxury sports cars since 1940. If you want to add one to your collection, you can choose between financing through a luxury car loan provider or directly through an authorized dealer. How can I finance a Ferrari? Due to Ferrari’s high prices, you will need a luxury car loan to buy one.
Ferrari has proven to be a well-known and sought-after car brand with a passionate history. However, over time, various misunderstandings about its owners have been discussed. So it is a great pleasure to express the impeccable track record and impressive account of who owns Ferrari.