The Company Ferrari

Who Owns

Business Management Consultant

The Company Ferrari

Who Owns The Company Ferrari

In a Nutshell

For those who want a quick overview, here’s what you need to know:

  • Ferrari is a publicly traded company listed on the New York Stock Exchange and Borsa Italiana.
  • The largest stakeholder is Exor N.V., a holding company controlled by the Agnelli family.
  • Piero Ferrari, the son of founder Enzo Ferrari, retains a significant share.
  • Ownership details have evolved significantly since the company split from Fiat Chrysler Automobiles (FCA).

Table of Contents

The History of Ferrari Ownership

Ferrari has a storied history when it comes to its ownership. Founded in 1939 as Auto Avio Costruzioni by Enzo Ferrari, the brand has gone through significant changes.

  • Early years: Enzo Ferrari retained private ownership.
  • 1969: Fiat S.p.A. acquired a 50% stake.
  • 1988: Fiat increased its stake to 90%.
  • 2015: Ferrari was spun off from Fiat Chrysler Automobiles (FCA) and became a publicly traded company.

Current Major Stakeholders

As of now, Ferrari’s ownership is divided among multiple stakeholders. The company is listed both on the New York Stock Exchange and Borsa Italiana.

  • Exor N.V.: Holds approximately 24% of Ferrari shares.
  • Piero Ferrari: Owns about 10% of the company shares.
  • Public Shareholders: The remaining shares are distributed among public investors.

Exor N.V.’s Influence

Exor N.V. is one of the most significant stakeholders in Ferrari. Exor is a Dutch holding company controlled by the Agnelli family.

  • Ownership percentage: Exor N.V. holds roughly 24% of Ferrari shares.
  • Board representation: Exor has considerable influence over the Board of Directors, ensuring their strategic direction aligns with their interests.
  • Long-term vision: As the controlling entity through shareholding, Exor’s support has been crucial for Ferrari’s success post its IPO.

For more detailed info, visit Who Owns the Company Ferrari.

Piero Ferrari’s Stake

Piero Ferrari, son of founder Enzo Ferrari, maintains a significant share in the company. Despite being a minority shareholder, his stake gives him an enduring influence.

  • Ownership: Holds about 10% of Ferrari shares.
  • Legacy: Represents the Ferrari family’s continuing influence in the company.
  • Board role: Acts in advisory capacities, leveraging his deep understanding of Ferrari’s heritage.

The Role of Public Trading

Public trading has diversified Ferrari’s ownership significantly. The company’s IPO in 2015 marked a new chapter in its ownership structure.

  • IPO details: Listed on New York Stock Exchange and Borsa Italiana.
  • Market Cap: Ferrari’s market cap is a crucial metric for public investors.
  • Investor base: Includes institutional investors, retail investors, and individual stakeholders.

To explore stock details, check public trading information.

Future Ownership Prospects

Changes in ownership structure can influence Ferrari’s strategic direction in the future. Here are potential scenarios.

  • Increased public shares: More shares might be released to the public.
  • Potential mergers/acquisitions: Possible partnerships with other automotive giants.
  • Family stake: Piero Ferrari’s shares could be redistributed upon succession.

FAQ

1. Who is the largest shareholder of Ferrari?
Exor N.V. is the largest shareholder, holding approximately 24% of the shares.

2. Is Ferrari still owned by the Ferrari family?
Yes, Piero Ferrari, the son of the founder, owns about 10% of the shares.

3. When did Ferrari go public?
– Ferrari went public in October 2015.

4. How many shares does Exor N.V. hold in Ferrari?
– Exor N.V. holds roughly 24% of the shares.

5. Who controls Exor N.V.?
The Agnelli family controls Exor N.V.

6. Are Ferrari shares available for public trading?
– Yes, Ferrari shares are publicly traded on both the New York Stock Exchange and Borsa Italiana.

7. What impact does public trading have on Ferrari’s ownership?
– Public trading has diversified ownership, making it more inclusive of institutional and retail investors.

For more insights, visit Who Owns and Who Owns Ferrari.


Some external relevant authority sites:
Ferrari Official Website
New York Stock Exchange
Borsa Italiana


Summary

Ferrari’s ownership structure is a blend of historical legacy and modern financial strategies, involving major stakeholders like Exor N.V. and Piero Ferrari. Public trading has further diversified its ownership, bridging its illustrious past with an innovative future.


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