Who Owns Ferrari? The Complete Guide To Ferrari's Ownership And History

Have you ever wondered who owns Ferrari, the iconic luxury sports car brand that has become synonymous with speed and elegance? Understanding the ownership of Ferrari involves delving into its rich history, corporate structure, and the significant figures who have shaped the brand over the years. In this article, we will explore the ownership of Ferrari, the key players involved, and how the brand has evolved since its inception.

The journey of Ferrari began in 1939 when Enzo Ferrari founded Auto Avio Costruzioni, which later became Ferrari S.p.A. Today, Ferrari is recognized globally for its high-performance vehicles and its success in motorsport, especially in Formula 1. The ownership landscape of Ferrari has changed over the decades, influenced by various business deals, investments, and partnerships.

In this comprehensive guide, we will provide you with an in-depth look at the current ownership of Ferrari, its history, and the future of this prestigious automotive brand. By the end of this article, you’ll have a clear understanding of who owns Ferrari and the factors that influence its continued success.

Table of Contents

• History of Ferrari
• Current Ownership Structure
• Key Figures in Ferrari's Ownership
• Ferrari's Financial Performance
• The Value of the Ferrari Brand
• Future Prospects for Ferrari
• Conclusion
• Sources

1. History of Ferrari

Ferrari's history is a testament to its engineering excellence and racing heritage. Founded by Enzo Ferrari, the brand quickly gained traction in the racing circuit. Here are some key milestones:

• 1939: Enzo Ferrari founded Auto Avio Costruzioni.
• 1947: The first Ferrari-branded car, the 125 S, was produced.
• 1961: Ferrari went public, becoming a publicly traded company.
• 1969: Fiat acquired a controlling interest in Ferrari.
• 2015: Ferrari was spun off from Fiat Chrysler Automobiles and became a separate publicly traded company.

2. Current Ownership Structure

As of 2023, Ferrari S.p.A. is publicly traded on the New York Stock Exchange under the ticker symbol RACE. The current ownership structure is a blend of public shareholders and significant corporate stakeholders.

Current Major Shareholders

Ferrari's shares are widely held, with the following key stakeholders:

• Exor N.V.: The investment company owned by the Agnelli family, which holds approximately 22.5% of Ferrari's shares and has a significant influence on its strategic direction.
• Public Investors: The remaining shares are owned by various institutional and retail investors.

3. Key Figures in Ferrari's Ownership

Several key figures have played crucial roles in the ownership and management of Ferrari:

• Enzo Ferrari: The founder and a pivotal figure in establishing Ferrari's legacy.
• Sergio Marchionne: The former CEO of Fiat Chrysler Automobiles who significantly influenced Ferrari's modern trajectory.
• Louis Camilleri: The former CEO who took over after Marchionne's passing, overseeing Ferrari’s growth and innovation.

4. Ferrari's Financial Performance

Ferrari has consistently demonstrated strong financial performance, which is a testament to its brand strength and market positioning. Key financial metrics include:

• Revenue: In 2022, Ferrari reported revenues of over €4 billion.
• Net Income: The net income for the same period was approximately €800 million.
• Sales Growth: Ferrari has seen consistent growth in vehicle sales, with a target to produce around 15,000 cars annually.

5. The Value of the Ferrari Brand

Ferrari is not just a car manufacturer; it is a luxury brand with immense value. Factors contributing to Ferrari's brand value include:

• Exclusivity: Limited production runs enhance desirability.
• Heritage: A rich history in motorsport adds prestige.
• Innovation: Continuous investment in technology and design keeps Ferrari at the forefront.

6. Future Prospects for Ferrari

Looking ahead, Ferrari aims to maintain its status as a leader in the luxury sports car market. Future strategies include:

• Electrification: Transitioning to hybrid and electric models.
• Global Expansion: Increasing market presence in Asia and other regions.
• New Model Launches: Introducing innovative models to attract new customers.

7. Conclusion

In conclusion, Ferrari's ownership is a blend of public investment and strong corporate backing, primarily from Exor N.V. The brand's rich history, financial stability, and future strategies position it well in the luxury automotive market. We invite you to share your thoughts on Ferrari's ownership and what you believe its future holds.

8. Sources

1. Ferrari Annual Report 2022.

2. Financial Times - Ferrari’s Ownership Structure.

3. Forbes - The Value of the Ferrari Brand.

4. Wall Street Journal - Ferrari's Future Prospects.

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