Who Owns Ferrari?

Originally housed under the Alfa Romeo brand, Enzo Ferrari broke free to establish his own company in 1939. Although every Ferrari has remained distinctly Ferrari since the day the Maranello, Italy manufacturing facility opened its doors, the company has had a range of owners over the years. As of 2019, the public owns the majority of Ferrari, but if you find yourself thinking “doesn’t Fiat own Ferrari,” you’re not alone (just a few years late). Join us as we go over the details of who currently owns Ferrari and the history of ownership.

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).Currently, Ferrari is primarily owned by the public:

• 67.09% Public
• 22.91% Exor N.V. (Owners of FCA)
• 10.00% Piero Ferrari

 

History of Ferrari Ownership

Enzo Ferrari broke from Alfa Romeo in 1939 and managed the business for over 20 years before pursuing outside investment opportunities. Conscious of the need to expand the industrial side of the business, Ferrari implemented a number of changes — including becoming a Limited Company in 1960. Although there were other potential buyers, Fiat S.p.A. eventually acquired a 50% stake in Ferrari, allowing for a significant expansion in production. From 1969 to 1988, Fiat expanded their ownership from 50% to 90% — with Enzo Ferrari owning the remaining 10%. Upon Enzo’s death, his stake passed to Piero.

Learn More About Ferrari

While some automakers seem to change hands every few years Ferrari has maintained their vision in part by remaining consistently managed. From the initial years to the FCA years to now, there has been a consistent throughline to define a Ferrari and continue living up to the expectations of Chicago Ferrari drivers and Enzo himself.

Contact Ferrari Lake Forest to learn more about the history of Ferrari.