When Fiat Bought Ferrari?
Fiat Became a 50% Shareholder in Ferrari in 1969. While Fiat Expanded Its Ownership of Ferrari to 90% 1988, It Never Had Full Ownership of the Company. This...
Fiat became a 50% shareholder in Ferrari in 1969. While Fiat expanded its ownership of Ferrari to 90% 1988, it never had full ownership of the company. This arrangement lasted until 2014, when Fiat Chrysler Automobiles N.V. announced that it would separate Ferrari S.p.A. from FCA.
Is Ferrari still owned by Fiat?
Who Owns Ferrari Today? After restructuring to establish Ferrari N.V. as the holding company of the Ferrari Group, FIAT Chrysler Automobiles (FCA) sold 10% of their shares and distributed their remaining 80% of shares among FCA shareholders. 10% of Ferrari was and continues to be owned by Piero Ferrari (son of Enzo).
Who owns Ferrari right now?
Ferrari's largest single shareholder today is Exor NV, a company controlled by descendants of Giovanni Agnelli, one of Fiat's original founders. Piero Ferrari continues to hold his 10 percent stake. Marchionne was chairman and CEO until his death in July 2018. The carmaker is still based in Maranello, Italy.
David Miller brings 15 years of experience in global economics, personal finance strategy, and market dynamics. He specializes in turning complex economic trends into actionable insights for everyday readers.
