Ferrari is one of the most recognisable luxury car brands in the world, and many people search for “who owns Ferrari” to understand who controls the company today. Although the marque began as a racing project founded by Enzo Ferrari in Italy in the 1940s, it is now a publicly listed company with a diverse group of shareholders rather than a single private owner.
Ferrari N.V. is incorporated in the Netherlands and listed on both the New York Stock Exchange (ticker: RACE) and the Borsa Italiana in Milan. According to Ferrari’s own investor relations information, the company is a holding company that controls the Ferrari group, with its registered office in Amsterdam and its principal operating headquarters in Maranello, Italy. Details of this corporate structure are available from the official Ferrari investor site, which sets out its legal form and listing information in its corporate governance and company profile sections on the Ferrari website (for example, “Company Profile” and “Shareholder Structure” pages on ferrari.com under Investor Relations).
The largest single shareholder in Ferrari is Exor N.V., an investment company controlled by the Agnelli family, which are also the historical controlling shareholders of Fiat. Exor’s own published information on its portfolio companies confirms that it is Ferrari’s anchor shareholder. On its official site, Exor lists Ferrari among its major long-term holdings and explains that Exor is a Dutch-registered holding company with a focus on large, global businesses. The Exor “Investments” or “Companies” pages on exor.com provide up‑to‑date information on its stakes in listed companies, including Ferrari.
Exor’s shareholding in Ferrari originates from the historical relationship between Ferrari and Fiat. Fiat S.p.A., later Fiat Chrysler Automobiles (FCA), acquired a substantial interest in Ferrari over several decades. In 1969, Fiat first purchased a minority stake in Ferrari from Enzo Ferrari, and over time this increased until Fiat held 90% of Ferrari, with the Ferrari family retaining a smaller share. This long-term link is described in Ferrari’s own historical summaries and also in background sections of official FCA and Stellantis documents relating to the 2016 Ferrari separation and listing.
In 2016, Ferrari was separated from Fiat Chrysler Automobiles through a series of corporate transactions that included an initial public offering and a spin-off to FCA shareholders. FCA’s corporate communications and filings, which are now maintained within the Stellantis group following the FCA–PSA merger, set out the details of this transaction. These documents explain that Ferrari shares were distributed to FCA shareholders and a portion sold in the IPO, leading to Ferrari becoming an independent, separately listed company. As a result of that process, Exor, which was already the principal shareholder of FCA, ended up as the largest individual shareholder in Ferrari. The remainder of the shares are widely held by institutional and retail investors trading on the New York and Milan exchanges.
Ferrari’s current ownership can therefore be described as a combination of a major strategic shareholder, Exor, and a broad free float of public investors. Ferrari’s investor relations information notes that a significant percentage of the company’s shares are freely traded on the stock markets, with voting rights dispersed among global asset managers, pension funds and individual investors. Public filings and annual reports available via the investor section of ferrari.com provide numerical breakdowns of share capital, voting rights and any substantial shareholdings, in line with market disclosure rules in both the United States and Italy.
Enzo Ferrari’s own family retains some connection to the company, but they are no longer controlling owners. Historically, Piero Ferrari, Enzo Ferrari’s son, held a minority stake in the company. Ferrari’s published shareholder information has listed Piero Ferrari among significant shareholders, with a single‑digit percentage interest, following the separation from FCA. This position means that while the Ferrari family still has an ownership presence, strategic control lies with Exor and the broader market.
Because Ferrari is a public company, it is also important to distinguish between legal ownership and day‑to‑day management. The board of directors and executive management team, whose names and roles are detailed on Ferrari’s official corporate governance pages, are responsible for overseeing operations, strategy and compliance. The board is elected by shareholders, and its composition is subject to the rules of the Italian and Dutch corporate governance frameworks, as well as the requirements of the New York Stock Exchange and Borsa Italiana. Ferrari’s corporate governance reports and annual filings, accessible through its investor relations site, outline the roles of the Chair, Chief Executive Officer and independent directors.
For those in the UK or South Africa interested in who owns Ferrari, it is relevant that Ferrari’s ownership structure does not depend on a single national market. UK investors can access Ferrari shares via the New York Stock Exchange, typically through international trading accounts or UK‑domiciled funds and investment trusts that hold Ferrari stock as part of their portfolios. The UK’s Financial Conduct Authority maintains the broader regulatory framework for such investments, while Ferrari’s primary listing rules are governed by US and Italian regulators. The practical effect is that UK residents can become part‑owners of Ferrari by purchasing its shares, but this does not change the fact that the major strategic stake is held by Exor, and governance is centred in the EU and US regulatory environments.
In South Africa, investors can similarly access Ferrari shares through global trading platforms or local financial institutions that offer offshore investment products. South African residents are subject to exchange control regulations administered by the South African Reserve Bank, and to tax rules set by the South African Revenue Service, but Ferrari’s own corporate and ownership structure remains the same: a Dutch‑incorporated holding company with shares listed abroad, majority‑owned by international public investors with Exor as the largest single shareholder. Some South African pension funds and unit trusts with global equity mandates may hold Ferrari shares as part of diversified international portfolios, as disclosed in their own fund fact sheets and regulatory filings.
Ferrari’s brand presence in the UK and South Africa is primarily through official importers and dealerships rather than through local ownership of the parent company. Ferrari’s global websites host dealer locators that identify authorised Ferrari dealerships and service centres in the UK and, where applicable, in African markets. These local businesses are typically separate legal entities operating under franchise or distribution agreements with Ferrari, not subsidiaries that alter the ultimate ownership of Ferrari N.V. in Europe. Local company registries, such as Companies House in the UK and the Companies and Intellectual Property Commission (CIPC) in South Africa, record information on individual dealer entities, but these records relate to local distribution and retail operations, not to the ownership of the Ferrari group itself.
From a governance perspective, Ferrari is subject to multiple regulatory and listing obligations that influence its ownership transparency. As a dual‑listed company, it must comply with the reporting standards of the US Securities and Exchange Commission and the Italian securities regulator. Annual reports, Form 20‑F filings, and corporate governance statements, all publicly accessible via Ferrari’s investor relations website or official market platforms, provide verified details on major shareholders, related‑party transactions and any changes in ownership stakes crossing disclosure thresholds. These sources can be used to confirm Exor’s status as the principal shareholder and to track any significant changes over time.
Contact details for Ferrari’s headquarters and investor relations are normally provided on the official Ferrari corporate and investor relations web pages, but in the context of this article and the specific request, no direct telephone numbers, email addresses or postal addresses are reproduced here. No public contact details found.
In summary, when asking “who owns Ferrari,” the answer is that Ferrari is owned by a combination of a major anchor shareholder, Exor N.V., and a wide base of public investors who hold shares traded on the New York and Milan stock exchanges. The company is legally incorporated in the Netherlands, headquartered operationally in Italy, and subject to international securities regulation. The Ferrari family retains a minority interest, but control has long since moved from private family ownership to a public company structure anchored by the Agnelli‑controlled Exor group, as documented in official Ferrari investor materials and Exor’s own portfolio disclosures.