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Ferrari
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This article is about the automobile manufacturer. For
Ferrari road-models produced, see List of Ferrari road
cars. For the 2003 biographical film, see Ferrari (film).
For other uses of the name, see Ferrari
(disambiguation).
"Ferraris" redirects here. For the surname, see
Ferraris (surname).
Ferrari (/fǝˈrɑːri/; Italian: [ferˈraːri]) is an Italian
luxury sports car manufacturer based in
Maranello, Italy. Founded by Enzo Ferrari in
1939 out of the Alfa Romeo race division as
Auto Avio Costruzioni, the company built its
first car in 1940. However, the company's
inception as an auto manufacturer is usually
recognized as 1947, when the first Ferrari-
badged car was completed.
Ferrari N.V.
Ferrari's headquarters in Maranello
Type Public (N.V.)
Traded as BIT: RACE
NYSE: RACE
FTSE MIB Component
(BIT)
Industry Automotive
Founded 13 September 1939;
81 years ago in
Modena, Italy (as Auto
Avio Costruzioni)[1]
Founder Enzo Ferrari
Headquarters Amsterdam,
Netherlands (de jure)
Maranello, Emilia-
Romagna, Italy (de
facto)
Area served Worldwide
Key people John Elkann
(Chairman, Interim
CEO)
Piero Ferrari (Vice
Chairman)
Products Sports cars
Production output 10,131 units (2019)
Revenue €3.767 billion (2019)
Operating income €917 million (2019)
Net income €699 million (2019)
Total assets
€5.446 billion (2019)
Total equity €1.487 billion (2019)
Owners Exor N.V. (22.91%)
Piero Ferrari (10.00%)
Public (67.09%)
Number of 4,164 (2019)
employees
Subsidiaries Ferrari S.p.A.
Scuderia Ferrari S.p.A.
Website www.ferrari.com
Footnotes / references
[2]
Fiat S.p.A. acquired 50% of Ferrari in 1969 and
expanded its stake to 90% in 1988.[3] In
October 2014, Fiat Chrysler Automobiles (FCA)
announced its intentions to separate Ferrari
S.p.A. from FCA; as of the announcement FCA
owned 90% of Ferrari.[4][5][6] The separation
began in October 2015 with a restructuring
that established Ferrari N.V. (a company
incorporated in the Netherlands) as the new
holding company of the Ferrari group and the
subsequent sale by FCA of 10% of the shares
in an IPO and concurrent listing of common
shares on the New York Stock Exchange.[7]
Through the remaining steps of the separation,
FCA's interest in Ferrari's business was
distributed to shareholders of FCA, with 10%
continuing to be owned by Piero Ferrari.[8] The
spin-off was completed on 3 January 2016.[7]
Throughout its history, the company has been
noted for its continued participation in racing,
especially in Formula One, where it is the
oldest and most successful racing team,
holding the most constructors championships
(16) and having produced the highest number
of drivers' championship wins (15).[9] Ferrari
road cars are generally seen as a symbol of
speed, luxury and wealth.[10] Ferrari cars are
built at the 165,000 square-meter (16.5-
hectare) Maranello factory.[11] In 2014 Ferrari
was rated the world's most powerful brand by
Brand Finance.[12] In June 2018, the 1963 250
GTO became the most expensive car in history,
setting an all-time record selling price of $70
million.[13][14]
History
Motorsport
Road cars
Identity
Corporate affairs
Stores
Attractions
See also
Notes
References
External links
Last edited 17 hours ago by Vaselineee…
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