The Red Stallion’s Keepers: The Powerful Figures Behind Ferrari

Published on: 23 November 2023 Last Updated on: 04 September 2024

Ferrari is an Italian luxury sports car manufacturer and brand that is well-known for its prancing horse logo, Rossa Corsa (or “race red”) color, and sex appeal. Ferrari is still a maker of motorsports and is now a public-trade company.

Enzo Ferrari, a racer and businessman, established Scuderia Ferrari in 1929 in Modena, Italy, with the goal of supplying race cars to Alfa Romeo. Alfa Romeo internalized its racing division in 1938, and Ferrari oversaw the new division for a brief period of time.

After leaving Alfa Romeo in 1939, Enzo Ferrari established Auto Avio Costruzioni, a company that produced tools until 1940, when Ferrari introduced the Tipo 815, a race car. Ferrari relocated its factory and headquarters to Maranello in 1943, a few years later.

The first road car to bear the Ferrari badge, the 125 S hit in 1947. But Ferrari wasn’t an official automaker until Enzo Ferrari began selling vehicles under his own brand.

In this article, we will be getting to the bottom of who owns Ferrari at present. Here is all the information you need on the owners of Ferrari.

Early Days Of Ferrari

The current Prancing Horse got its start in 1939 when Enzo Ferrari founded Scuderia Ferrari, a racing team under Alfa Romeo. Following World War II, Enzo Ferrari went out on his own and started producing cars under the Ferrari brand. Production of the first Ferrari-badged vehicle began in 1947.

Up until 1960, Ferrari was a private holding business. Then, it went public in 1960 as Società Esercizio Fabbriche Automobili e Corse, or SEFAC S.p.A. Soon after, Fiat acquired a portion of the business and significantly raised its investment.

Does Fiat Own Ferrari?

No, but Fiat did once own a sizable portion of Ferrari. In 1969, Fiat S.p.A., also known as Fabbrica Automobili Torino, or the Italian Automobile Factory of Turin, acquired a 50% stake in Ferrari. Fiat never owned the entirety of Ferrari, even though it increased its stake to 90% in 1988 (Enzo Ferrari owned the remaining 10%). This was the arrangement until 2014, when Ferrari S.p.A. and FCA split apart by Fiat Chrysler Automobiles N.V. October 2015 marked the start of the official separation, which ended in January 2016.

Ferrari N.V. was formed as the Ferrari Group’s new holding company during this separation. FCA sold its ownership share, and the business was listed on the New York Stock Exchange. Piero Ferrari, the son of Enzo Ferrari, remained the owner of the 10% of the company’s shares that his father had previously owned.

Ferrari Shareholders: What Company Owns Ferrari?

Public (67.09%)
Exor N.V. (22.91%)
Piero Ferrari (10%)

The general investing public is Ferrari’s principal shareholder. Enzo Ferrari’s second son Piero also owns a sizable portion of the business, and Exor N.V. completes ownership. The owners of Exor N.V. are the descendants of Giovanni Agnelli, one of the original founders of Fiat.

Ferrari is still headquartered in Maranello. They take great pride in being one of Formula 1’s most enduring and successful competitors. They simultaneously hold the position of being a genuinely world-class automaker. Even with its fame, it is still a relatively boutique operation that only produces a small number of cars annually. This is reflected in Ferrari’s valuation, which places it among the top ten automakers in the world by market capitalization at more than $51 billion.

The Alfa Romeo Connection

Despite having a long history together, Ferrari does not own Alfa Romeo. Although Alfa Romeo is owned by Fiat Chrysler, Alfa Romeo and Ferrari were once one and the same.

After all, it was under the Alfa Romeo name that Enzo Ferrari initially established the Scuderia Ferrari racing team. Although Enzo Ferrari started competing for Alfa Romeo in 1920, he founded Scuderia Ferrari in 1929, which later became Alfa Romeo’s official racing team. But after leaving Alfra Romeo in 1939, Enzo founded his own independent racing team in 1948 and didn’t look back.

Ferrari: The Legendary Sports Car Phenomenon

Millionaire and passionate Ferrarista Robert Herjavec has described the experience cleverly. “This is where the Ferrari world is kind of like the Vatican. It’s very mysterious. There are a lot of trinkets you have to wear and a lot of rings you have to kiss.”

Owning a Ferrari, according to Hollywood and some urban legends, is either a cliché for midlife men or the height of kitsch, a sign of the nouveau riche who have too much money and too little taste. Owning a Ferrari is actually a very different animal from owning any other kind of vehicle.

Purchasing a Ferrari is not like purchasing a typical car. You don’t simply walk into a dealership with a wallet full of hundreds of thousands of dollars and walk out with one of the brand’s vehicles. Concerning a limited edition series, the situation usually becomes even trickier.

From the time you decide to buy a Ferrari to the point at which you have to decide whether to buy another one, Ferrari controls every aspect of ownership. In other words, to paraphrase Herjavec from a 2014 Wired interview, Ferrari chooses you, not the other way around. You typically consider yourself fortunate to be among the privileged few.

Enjoying the “epitome of motor technology today” (as Herjavec put it) is subject to a rigorous set of regulations. This has sparked numerous online debates and thought pieces. The fine print on the bill of sales and the controversy surrounding the introduction of limited edition cars largely hint at the precise nature of these regulations.

Owning A Ferrari: Trivia

As previously stated, no matter how full your wallet is with cash, you don’t just walk into a Ferrari dealership and expect to drive off in a brand-new car. You can forget about going into the dealership to purchase a limited-edition car.

While the majority of car dealerships will check your credit to see if you can afford the payments on the vehicle you’re about to purchase from them, Ferrari goes above and beyond that. It’s said that men over 40 who have a clean record and a good reputation are preferred. Because simply being wealthy does not qualify you to be seen behind the wheel of a Ferrari.

Wrapping Up

Even with ownership shifts over time, Ferraris are still manufactured in Maranello, Italy. Ferrari has never forgotten what sets its brand apart: superbly designed, finely engineered supercars.

If you have thoughts to share or questions to ask about who owns Ferrari, please leave a comment below. We would love to hear from you!

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A Guide To Choosing The Best N54 Engine For Sale

Are you in the market for a high-quality N54 engine? Look no further! In this comprehensive guide, we will walk you through the process of selecting the best N54 engine for sale. Whether you're a BMW enthusiast or simply someone in need of a reliable engine, we've got you covered. Let's dive in and find you the perfect N54 engine! N54 Engine: A Brief History The BMW N54 is one of the landmark machines that elevated the name and fame of BMW. The BMW N54 was the first twin-turbo engine that was produced in huge numbers. The success of the machine is vindicated through the production at a mass scale. The supermachine debuted at the Geneva Motor Show in 2006. When it entered the market, it raised a lot of hype thanks to the specifications. Yes, the machines’ performance was extremely satisfactory. The user of the engine has all praise and admiration. One will be thrilled that the N54 bagged five International Engine of the Year performance. Also, the machine was recognized to be part of Ward's list of 10 best engines three times in a row. Why Do People Love This Machine? There is no doubt that the N54 engine is of high class, and it went on to win the hearts of the people. Now, here we present some of the WOW factors that made the engine a class act. Let's try to understand it here. Tuning Performance and Updates One of the biggest advantages of the BMW N54 engine is its power and potential. Yes, the twin-turbocharged engine offers enough power as it is. You could really get an N54 and if you add some more buck, then you can easily get a perfect engine with 600 hp in no time. There is no doubt that the engine’s performance is indeed great. It denotes you can get a high-quality engine if you spend on the specifications. All these make the engine highly special, to say the least. That's the USP of the particular variant. Various Applications The N54 engine first came into existence with the BMW 335i in 2007. Thereafter, it went through a series of massive improvements. The evolution of the machine helped the manufacturer come up with different models and variants. Among the different variations, the most loved and praised one of them is the BMW 1 series. But another benefit that the customers reaped through the machine is that they got multiple choices. Now, whenever the users get choices, they will be impressed with the machine as well. Reliability The success of an engine depends to an extent, on consistent performance. Reliability is one of the most significant factors behind teh success of a machine. There is no denying the machine was suffering from different technical glitches. The issues were mainly related to the high-pressure fuel pump and the fuel injector. Apart from it, there were also complexities with the components. Engine is one of the most complex machines. The organized performance and coordination of the major and minor elements make the machine strong enough. But with the team, the BMW N54 went on to evolve as one of the most successful machines in the industry. Understanding the N54 Engine First, let's take a closer look at what makes the N54 engine so special. Manufactured by BMW, the N54 engine is a turbocharged, direct-injection engine that offers impressive power and performance. It is commonly found in BMW 3 Series models, such as the 335i. Let us discuss some of the core engine specifics of the N54 Engine The BMW N54 engine is one of the core machines that is powered with features to combat the issues with a high compression ratio. Let us discuss some of the engine specifications here. Firstly, you will find a Cylindrical head and block, and it is made up of Aluminium. Secondly, the engine configuration is Inline-6. Thirdly, you will get a displacement of 3.0l. The compression ratio is 10:2:1. Furthermore, the engine is gifted with a peak horsepower of 335 hp (5900 RPM). The peak Torque is 332lb/ft (1500-4500 RPM). Apart from them, your N54 engine is decked with some other features that make the engine stand out and a machine of utmost power and performance. Factors to Consider When choosing an N54 engine for sale, there are several factors that you should consider: Reliability: Look for engines that have a strong track record of reliability. Reviews and testimonials from previous customers can help you gauge the overall quality and dependability of a particular engine. Condition: Opting for a used engine can be a cost-effective choice, but it's important to thoroughly inspect the condition of the engine before making a purchase. Consider factors such as mileage, maintenance history, and any potential modifications or repairs. Warranty: Many sellers offer warranties on their N54 engines for sale. Make sure to check the terms and duration of the warranty before finalizing your purchase. Related: Beginners Guide To Buying A Classic Car Where to Find N54 Engines for Sale If you're eager to get your hands on an N54 engine, there are several places where you can find them for sale: Online Marketplaces: Websites like Alibaba or eBay offer a wide range of N54 engines for sale. Make sure to read reviews and compare prices from different sellers to ensure you're getting the best deal. Specialized BMW Dealerships: BMW dealerships often have a selection of used N54 engines available for sale. Additionally, they can provide you with expert advice and assistance throughout the purchasing process. Car Enthusiast Forums: Online forums dedicated to BMW enthusiasts are a great resource for finding N54 engines for sale. Members of these forums often have first-hand experience and can provide valuable insights and recommendations. Conclusion Choosing the best N54 engine for sale requires careful consideration of factors such as reliability, condition, and warranty. Take the time to research different sellers and explore various options. With the right N54 engine, you can enhance the performance of your BMW and enjoy an exhilarating driving experience. Happy engine shopping! Read Also: 3 New Age Engineering & Construction Technology AutoTempest: Is It The Best Search Engine For Cars? A Close Look at Mechanical Engine Controls

10 Tips to Prevent Truck Accidents: The Complete Guide for Truck Drivers

We all know that truck accident can cause severe injuries and even death. In fact, according to the National Highway Traffic Safety Administration, there are more than 4,000 people killed in truck accidents each year. The good news is that most of these accidents are preventable. This blog post will discuss some tips that truck drivers can use to prevent accidents from happening. Can Truck Accidents Be Prevented? Regardless of how technology has advanced, there are still many dangers associated with driving a truck. Truck accidents can be caused by several factors, including driver error, mechanical problems, and poor weather conditions. Although accidents cannot always be prevented, there are specific steps that truck drivers can take to minimize the risk of being involved in an accident. Below are some tips on how to avoid truck accidents: Always obey the speed limit and other traffic laws. Be aware of your surroundings, and pay attention to other drivers. Ensure that your truck is maintained correctly and that all mechanical problems are fixed before you hit the road. Avoid driving in poor weather conditions whenever possible. If you must drive in bad weather, use caution and drive slowly. If you are tired, take a break. Driving when you are tired can be just as dangerous as driving drunk. Plan your route, and avoid congested areas whenever possible. Stay alert at all times, and never drink and drive. Following these tips will not guarantee that you will never be involved in an accident, but they can help to reduce the risk. Remember, even if an accident is not your fault, it can still have severe consequences for you and your career. So do everything you can to avoid them. If you or someone you know has been involved in a truck accident, contact a truck accident lawyer as soon as possible. A well-versed Macon Personal Injury Lawyer can help you get the compensation you deserve for your injuries. 1. Give Clear Signs And Signals Regardless of how careful and cautious they are, truck drivers can’t avoid accidents if other motorists on the road don’t know their intentions. Truckers need to give clear signs and signals when changing lanes or making turns. Unfortunately, many car drivers often fail to notice these signals, resulting in serious accidents. 2. Avoid Going To Their Blind Spots Truck drivers should always avoid going to the blind spots of other trucks. If you can’t see the driver in their mirror, then chances are they can’t see you either. 3. Merge Carefully When Entering The Highway It is essential to do so gradually and carefully when merging onto the highway. Speeding up to match traffic flow can be dangerous, as it gives other motorists less time to react. 4. Keep A Safe Distance From Other Vehicles Truck drivers should always maintain a safe distance from other vehicles on the road. This is especially true in bad weather conditions when trucks take longer to stop. 5. Use Extra Caution When Driving Near Schools And Playgrounds Trucks should always use extra caution when driving near schools and playgrounds. Children can be unpredictable and dart out into the street without warning. 6. Use Extra Caution When You Pass When passing other vehicles, use extra caution and give yourself plenty of room. Sudden braking or lane changes can cause accidents. 7. Lower Brights When Approaching Other Vehicles When approaching other vehicles, truck drivers should lower their brights. This will help to avoid blinding the other driver and causing an accident. 8. Avoid Getting Distracted Truck drivers need to avoid getting distracted while driving. This can be difficult, as many things can cause distractions, including cell phones, GPS devices, and other passengers in the cab. If you must use a cell phone or GPS device, pull over to a safe location first. And if you have passengers in the cab, make sure to keep them quiet and out of the way. 9. Stay In The Right Lane Whenever Possible Truck drivers should stay in the right lane whenever possible. This will help to keep traffic moving and reduce the risk of accidents. 10. Be Aware Of Road Conditions Truck drivers should be aware of the road conditions at all times. This includes checking for potholes, icy roads, and other potential hazards. Common Causes Of Truck Accidents As a truck driver, you should be aware of the most common causes of truck accidents. This will help you to be more cautious and avoid these situations altogether. Some of the most common causes of truck accidents include: 1. Driver Error This is the number one cause of truck accidents, and it can be caused by a variety of factors such as fatigue, distractions, and inexperience. 2. Mechanical Problems Trucks are complex machines, and it is not uncommon for them to experience mechanical problems. These problems can often lead to accidents. 3. Poor Weather Conditions Bad weather can make driving a truck very dangerous, and it is one of the leading causes of truck accidents. Final Words If you take the road next to a heavy vehicle like a truck or bus, you need to be extra vigilant. These big boys are not easy to stop, and they will take up most of the road, so there would be hardly any space for you should an emergency happen. Remember that even if these drivers do their best to avoid accidents, there are still factors beyond their control. It would be best if you could avoid being in their blind spot. Do not tailgate and always give them enough space should they need to stop or change lanes. You should also use your horn when necessary to get their attention, especially when it is dark or nasty weather. Lastly, do not cut them off as this will only anger the driver and cause an accident. Read Also: Understanding Truck Accidents in Indiana Have you been in a Semi-Truck Accident? Here Are 4 Reasons You Need to Hire a Lawyer Immediately Legal Ways to Determining Fault for an Arizona Truck Accident 10 Causes Of Uber Accidents In The United States

How To Prevent Catalytic Converter Theft

The catalytic converter is an important part of the car that turns the pollutants made from the car into a harmless gas. The converter can take many harmful things like platinum, palladium, and rhodium and then turn them into different gases. While you might not think about this simple part of your car, it’s actually a target for thieves because they can sell it for a large amount of money. If you no longer need your catalytic converter for any reason, Core Masters buys catalytic converters. This guide will cover how to prevent catalytic converter theft as well as explain how to know if your converter has been stolen. How Do I Know If My Catalytic Converter Has Been Stolen? Most of the time, you cannot tell your converter was stolen just by looking at your car. You will probably be able to tell once you start the engine though as the car might make weird noises. When the converter has been removed from the car, the vehicle makes a constant loud roaring noise that becomes louder as you push on the gas pedal. If you drive the car, you will notice it cannot drive smoothly and it will make a weird sputtering noise. Here are some of the other things you can look for when it comes to driving without your converter: Loud roar as you start the car that becomes louder the more you accelerate More exhaust fumes than usual and weird exhaust smells You notice there are missing parts under the car especially the ones that lead to the muffler Acceleration that is sputtering or uneven The check engine light is on or your car fails an engine inspection Read Also: Simplify Parts Pricing With A Comprehensive Solution Why Do People Steal Catalytic Converters? There are many reasons why people choose to steal catalytic converters. While sometimes you can only get $50 for a converter, there are some that can be sold for thousands of dollars per ounce thanks to the precious metals that are found in them. People that are used to stealing converters can take them in just a few minutes making them easy to steal and get away. It’s an easy way to make quick cash for some people so they take every opportunity they can to ensure they take them. Catalytic Converters also cannot be tracked like other parts of the car. So people that steal it easily get away with it and the person who’s now missing it from their car has no way of getting it back. Are Certain Cars Targeted For Catalytic Converter Theft? Any car that is made after 1974 has a converter so there are many cars out on the road that thieves can target. Most of the time, thieves prefer to steal from taller cars like SUVs and trucks because they can easily go under the car and take the converter. Hybrid cars are also another target because the converters are made with more metal and more precious metals which means they can get a higher value for them when selling. The more precious metals there are in the converter, the more money the thief can get for it so they often go for cars they know that have converters best for selling. Ways To Protect Your Car Against Catalytic Converter Theft Worried about your car’s catalytic converter being stolen? There are plenty of ways you can ensure this doesn’t happen. Most are simple tricks that can be done for free. Know If You’re A Target As stated before, SUVs, trucks, and hybrid cars are all easy targets for catalytic converter theft. If you own one of these cars, you need to ensure you always follow all safety tips because you know your car’s converter can be stolen easier. Knowing that your target makes it easier to keep yourself safe and be aware of the signs that your converter has been stolen. Put Your VIN On The Converter There is no way to track a catalytic converter, so if yours is stolen it’s almost impossible to retrieve it back. This is why some people choose to put their VIN or their license plate number on their converter. This way if someone goes to sell it, the person buying it might check if the person trying to sell it to them is the original owner. If they are not, they can contact authorities and say they think the converter has been stolen. Park In Well Lit Areas Every time you park your car or go somewhere, make sure you park near the street lights. You should also try and park as close to the entrance of places as possible. If you park in an apartment complex, try to park in different areas every time so that people do not target your car as being in the same place. Install Cameras If you can, put cameras in your parking lot or outside your home. This allows people to know you have surveillance and they will be deterred from stealing the converter because they know they can be caught more easily. You can also install motion sensor lights so that every time someone walks by, the light turns on. This makes people feel like they are being watched and they will not want to get too close to your car. Paint Your Converter This often deters buyers because it makes the converter less valuable. Painting is also known as a common technique for avoiding theft so if a person tries to sell a painted converter, it looks more suspicious. Some police departments even let you go into their station and paint your converter for free. Catalytic Converters And Thieves Unfortunately, converters are easy to steal making them an easy target for those looking to make a quick buck. When your converter is stolen, you can even spend up to $3000 replacing it. This is why it’s very important to use the tips in this guide to prevent your converter from being stolen. You also need to ensure your car is insured against catalytic converter theft so that you are never stuck paying for a new out-of-pocket. Read Also: Selling Collectibles: A Guide to Selling Your Memorabilia at Auctions Here’s What Makes Package Units Better than the Other ACs

The Red Stallion’s Keepers: The Powerful Figures Behind Ferrari

Early Days Of Ferrari

Does Fiat Own Ferrari?

Ferrari Shareholders: What Company Owns Ferrari?

The Alfa Romeo Connection

Ferrari: The Legendary Sports Car Phenomenon

Owning A Ferrari: Trivia

Wrapping Up

Maximizing The Efficiency Of EV Charging Stations: Best Practices And Tips

Ram’s Power Brokers: Who Owns RAM?

Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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A Guide To Choosing The Best N54 Engine For Sale

10 Tips to Prevent Truck Accidents: The Complete Guide for Truck Drivers

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The Red Stallion’s Keepers: The Powerful Figures Behind Ferrari

Early Days Of Ferrari

Does Fiat Own Ferrari?

Ferrari Shareholders: What Company Owns Ferrari?

The Alfa Romeo Connection

Ferrari: The Legendary Sports Car Phenomenon

Owning A Ferrari: Trivia

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Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Follow Us

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