Who Owns Ferrari: A Deep Dive Into The Iconic Brand's Ownership

Ferrari, a name synonymous with luxury and high-performance automobiles, has a rich history that intertwines with the stories of its owners and stakeholders. Understanding who owns Ferrari is crucial for enthusiasts and investors alike, as it reflects the brand's legacy and future direction. In this article, we will explore the various ownership structures of Ferrari, including its historical context and current stakeholders.

Additionally, we will delve into the company's financial performance, its public offering history, and how ownership has evolved over the decades. Whether you are a car enthusiast or a potential investor, this comprehensive guide will provide you with valuable insights into the ownership of one of the most prestigious automotive brands in the world.

By the end of this article, you will have a clear understanding of who owns Ferrari and why it matters. Let’s rev up our engines and take a closer look at the ownership of this iconic brand.

Table of Contents

• History of Ferrari Ownership
• Founders of Ferrari
• Current Ownership Structure
• Financial Performance of Ferrari
• Ferrari's Public Offering
• Key Stakeholders in Ferrari
• The Future of Ferrari Ownership
• Conclusion

History of Ferrari Ownership

Ferrari was founded by Enzo Ferrari in 1939, initially as a division of Alfa Romeo. The brand quickly gained fame for its racing pedigree, leading to its establishment as an independent company in 1947. The ownership of Ferrari has undergone several transformations, especially after its immense success in Formula 1 and the luxury car market.

Founders of Ferrari

The key figure in Ferrari's history is Enzo Ferrari, whose vision and passion for racing laid the groundwork for the brand's illustrious reputation. Below is a brief overview of Enzo Ferrari's biography:

Current Ownership Structure

As of the latest reports, Ferrari is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol RACE. The company is primarily owned by two main stakeholders:

• Exor N.V. - The holding company of the Agnelli family, which owns a significant portion of Ferrari.
• Pirelli & C. S.p.A. - The tire manufacturer also holds a stake in Ferrari.

Financial Performance of Ferrari

Ferrari has consistently reported strong financial performance, showcasing its ability to thrive in a competitive market. Here are some key financial metrics from the last fiscal year:

• Revenue: €4.3 billion
• Net Income: €1.2 billion
• Operating Margin: 27%

These figures illustrate Ferrari's robust business model and its position as a leader in the luxury automotive sector.

Ferrari's Public Offering

Ferrari went public in October 2015, with an initial public offering (IPO) that valued the company at $9.8 billion. This move was significant for the brand, allowing it to raise capital while maintaining a strategic focus on growth and innovation.

Key Stakeholders in Ferrari

Aside from Exor N.V. and Pirelli, several key stakeholders play vital roles in the operations and strategic direction of Ferrari:

• Louis Camilleri: Former CEO and key figure in Ferrari’s strategic initiatives.
• John Elkann: Chairman of Ferrari and a prominent member of the Agnelli family.
• Management Team: Comprising industry experts who drive the daily operations and innovation.

The Future of Ferrari Ownership

As Ferrari continues to innovate and expand its product lineup, the question of future ownership remains pertinent. The brand's focus on sustainability and electric vehicles may attract new investors and stakeholders, potentially reshaping its ownership landscape.

Conclusion

In summary, understanding who owns Ferrari provides valuable insights into the brand's legacy and future directions. With a strong foundation built by Enzo Ferrari and significant investment from Exor N.V. and Pirelli, the company is well-positioned for continued success. As Ferrari navigates the evolving automotive landscape, it remains a symbol of luxury and high-performance engineering.

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