Who Owns Ferrari?
In a Nutshell
- Ferrari’s ownership has evolved over time, moving from a family legacy to a publicly traded entity.
- Key stakeholders now include Exor N.V., Piero Ferrari, and a significant pool of public shareholders.
- Understanding the ownership offers insight into Ferrari’s operational dynamics, strategic decisions, and financial health.
Table of Contents
- Introduction
- Historical Overview of Ferrari
- Ferrari’s Modern Ownership Structure
- Impact of Ownership on Ferrari’s Operations
- FAQ
Introduction
Ferrari is one of the most iconic luxury sports car manufacturers in the world. Known for its high-performance vehicles and legacy in motorsports, the brand has always intrigued automobile enthusiasts. This post delves into the fascinating details of Ferrari’s ownership, tracing its evolution from a family-owned business to a major publicly traded company.
Historical Overview of Ferrari
Founding and Initial Ownership
Ferrari was founded in 1939 by Enzo Ferrari. Originally, it was a division of Alfa Romeo, tasked with producing race cars under the Alfa brand. In 1947, Ferrari became an independent company.
Acquisition by Fiat
In 1969, Fiat S.p.A. acquired a 50% stake in Ferrari. The acquisition by Fiat was crucial for Ferrari, providing the financial stability it needed to innovate and expand.
Ferrari’s Modern Ownership Structure
Exor N.V.
Exor N.V., an Italian investment company, owns the largest stake in Ferrari. As of now, Exor holds about 23.5% of Ferrari’s shares, making it a major influence on Ferrari’s strategic decisions. Learn more about Exor N.V.
Piero Ferrari
Piero Ferrari, the son of founder Enzo Ferrari, owns about 10% of the company. His involvement ensures that the family legacy continues to have a say in the company’s direction.
Public Shareholders
The remaining shares are held by a diverse group of public shareholders. Ferrari became a publicly traded company in 2015, listed on the New York Stock Exchange under the ticker symbol RACE.
Impact of Ownership on Ferrari’s Operations
Strategic Decisions
The diverse ownership structure has contributed to balanced strategic decisions. With Exor’s business acumen, Piero Ferrari’s legacy insights, and public shareholders’ interests, Ferrari’s strategies reflect a multifaceted approach.
Financial Health
Ferrari’s strong financial footing is a result of its robust ownership model. The formula of investments, family heritage, and public trading has fortified Ferrari’s financial health, driving its innovation and expansion strategies.
FAQ
Who founded Ferrari?
Enzo Ferrari founded Ferrari in 1939.
What is Exor N.V.’s role in Ferrari?
Exor N.V. owns about 23.5% of Ferrari, making it a major stakeholder.
Is Ferrari a publicly traded company?
Yes, Ferrari went public in 2015 and is listed on the New York Stock Exchange under the ticker symbol RACE.
What percentage of Ferrari does Piero Ferrari own?
Piero Ferrari owns approximately 10% of Ferrari.
How did Fiat become involved with Ferrari?
Fiat acquired a 50% stake in Ferrari in 1969, providing crucial financial stability and support.
Does the Ferrari family still have any influence?
Yes, through Piero Ferrari’s ownership and active participation, the family continues to influence the company.
Where can I learn more about Ferrari’s current ownership?
For detailed information, check out Who Owns Ferrari on WhoOwns.
Further Reading
- Who Owns Ferrari? – Detailed insights into Ferrari’s ownership.
- Ferrari’s History – Ferrari’s historical timeline.
- Exor N.V. Overview – More about Exor, its interests, and its investments in Ferrari.
By understanding the ownership dynamics behind Ferrari, aficionados and investors alike can gain deeper insights into the brand’s strategic direction and market position. This not only highlights the company’s rich history and legacy but also points toward its promising future.
Leave a Reply