Who Owns Ferrari? – Under30CEO

There are lots of fancy automotive manufacturers on the market that almost everybody needs. Mercedes-Benz, Lexus, Cadillac, Audi, Volvo, Lamborghini, and lots of extra. However maybe one automotive that will get numerous deserved consideration is the Ferrari. However, who owns Ferrari?

The Ferrari means a kind of Italian luxurious sports activities automotive made by the corporate of the identical title. Since its inception, the Ferrari has lengthy been a staple of luxurious automotive manufacturers. Many see the Ferrari as a standing image representing wealth, luxurious, and naturally, velocity.

Ferrari has an extended historical past as effectively. Let’s check out the famed Italian automotive producer to see how they bought to the place they’re and who owns them now.

The Starting of Ferrari

Enzo Ferrari, an Italian man taken with racing vehicles, created Ferrari. Initially, he had little interest in making simply regular vehicles when he created Scuderia Ferrari method again in 1929.

Nevertheless, Ferrari’s enterprise disbanded when Alfa Romeo employed him as a racing supervisor. He would later depart initially of World Battle II and created a brand new manufacturing unit, ready till he might use the title Ferrari once more. Moderately, he made machine instruments and plane parts for Fascist Italy. But, the next 12 months in 1940, he constructed the primary Ferrari. The car was generally known as the Tipoffs 815 however obtained little recognition because of the warfare.

In 1943, Ferrari moved his manufacturing unit to Maranello the place it’s nonetheless there to this present day. Nevertheless, the Allies bombed the manufacturing unit, however it was later repaired and Enzo Ferrari determined to begin making vehicles along with his title on them in 1947.

The actual first Ferrari with the title on it was inbuilt 1947 and was known as the 125 S.

Later Years

Ferrari would proceed to construct racing vehicles and was nonetheless part of the racing scene within the aftermath of World Battle II. In early 1969, Fiat put in a 50% stake within the automotive producer and gave Ferrari much-needed sources resembling funds to knock out extra vehicles.

1988 was the ultimate 12 months that Enzo Ferrari would debut the latest automotive mannequin. It was the Ferrari F40 and Enzo would later move away in August of that 12 months on the age of 90.

A 12 months later, they renamed themselves Ferrari S.p.A. Years later within the early 200s, Ferrari created the Enzo, the quickest mannequin on the time. Whereas it was to be known as the F60 because it was subsequent in line, they named it after Enzo Ferrari. Solely 400 have been made and the final one was donated to Vatican Metropolis as charity.

Current Day

In 2012, 964 Ferraris, price over $160 million, set a world report by gathering and parading round for the Ferrari Driving Days occasion at Silverstone Circuit in England.

Simply days earlier than Halloween 2014, Fiat and Chrysler created the FCA group. Their plan was to make Ferrari impartial. A 12 months later, Ferrari said that its preliminary public providing was at $52 a share. That 12 months, Ferrari was named the world’s most powerful brand by Model Finance.

By 2021, Ferrari is the tenth largest automotive producer on the planet. With a internet of over $52 billion, they shipped simply over 11,000 vehicles.

Who Owns Ferrari?

So, who owns Ferrari? After 23 years of serving as president, in 2014, Luca di Montezemolo resigned. Amedeo Felisa then changed him. Nevertheless, Felisa resigned as effectively simply a few years later in Might 2016.

The following CEO would then be the CEO and Chairman of Fiat Chrysler Cars, Sergio Marchionne. Actually, Fiat is the mum or dad firm of Ferrari. Then, after one other two years, and in 2018, Louis Camilleri and John Elkann changed him as CEO and Chairman respectively. Each resigned two years later.

The latest CEO is Benedetto Vigna from STMicroelectronics. He began in September 2022.


Ferrari is a well-known sports activities automotive model that has lasted all through the ages. Generally known as an emblem for the rich, people additionally know the sports activities automotive as a velocity demon, barreling down racing circuits throughout Europe and the world.

Whereas withstanding many modifications within the current day relating to its management, and now that you recognize who owns Ferrari, most individuals nonetheless know the model by its authentic founder, Enzo Ferrari, who formed the world of luxurious vehicles and racing ceaselessly.

Actually, Enzo Ferrari himself is getting a biopic appropriately named Ferrari. Having gone by growth hell since 2000, a number of have been set to star because the famed Italian. This consists of Christian Bale, recognized for his work resembling Batman within the Darkish Knight trilogy, and in lots of different movies resembling American Psycho and in Ford v Ferrari. Bale would drop and Wolverine himself Hugh Jackman was to fill the position. Now, it was by the acclaimed actor Adam Driver who has performed in lots of movies lately such because the Star Wars sequels.

The movie’s anticipated launch date is 2023.