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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Fuel Storage Tanks: Ensuring Safe And Reliable Fuel Management

Fuel storage tanks play a critical role in ensuring the safe and reliable management of fuel. These tanks are essential for storing large quantities of fuel, providing a steady supply for various industries and applications. However, without proper maintenance and adherence to best practices, fuel storage tanks can pose significant risks such as accidents and environmental hazards. This article aims to explore the importance of regular maintenance, factors to consider when choosing a tank, best practices for fuel management, and strategies to ensure longevity and efficiency in your fuel storage system. Importance Of Regular Maintenance Regular maintenance plays a crucial role in ensuring the safe and reliable management of fuel storage tanks. Implementing proactive and cost-effective maintenance practices can bring several benefits to the overall operation. First, regular maintenance helps identify potential issues before they escalate into more significant problems, preventing costly repairs or replacements in the long run. It also ensures that tanks are functioning optimally, reducing the risk of leaks or spills that could compromise safety. Neglecting maintenance, on the other hand, can have severe consequences. Over time, corrosion and deterioration may occur, leading to structural weaknesses and potential failures. This not only poses a threat to the environment but also increases safety risks for personnel working with these tanks. In conclusion, regular maintenance is essential for maintaining the integrity and reliability of fuel storage tanks while minimizing costs and risks associated with neglecting upkeep. Factors To Consider When Choosing A Tank One important consideration when selecting a tank for fuel storage is the capacity required to meet the demand of the intended application. The choice of tank size should be based on careful analysis of the fuel consumption rate and anticipated future needs. Underestimating the required capacity can lead to frequent refilling, which could disrupt operations and increase costs. On the other hand, selecting a tank that is too large may result in excessive initial investment and wasted space. Cost considerations are crucial in determining the optimal tank size. Another factor to consider when choosing a fuel storage tank is its environmental impact. It is essential to select tanks made from materials that are resistant to corrosion and leakage, as these can cause harm to both human health and natural ecosystems. Additionally, tanks should have proper ventilation systems in place to prevent vapour accumulation and potential explosions. An environmentally friendly option would be tanks designed with secondary containment systems, which provide an additional layer of protection against leaks or spills. Considering these factors will ensure safe and reliable fuel management while minimizing negative environmental consequences. Read More: 5 Ways To Improve The Fuel Efficiency Of Your Truck Best Practices For Fuel Management An essential aspect of effective fuel management involves implementing proper maintenance and inspection protocols to ensure optimal performance and prevent potential issues. Fuel consumption tracking is a crucial practice that allows for accurate monitoring of fuel usage and the identification of any abnormalities or inefficiencies. This data can be used to optimize fuel efficiency, reduce costs, and identify potential leaks or theft. Additionally, ensuring fuel quality control is imperative to maintain the integrity of the stored fuel. Regular testing should be conducted to check for water contamination, microbial growth, sedimentation, and other impurities that could affect the fuel's performance. Implementing filtration systems and regular tank cleaning can help mitigate these risks. By adhering to these best practices for fuel management, organizations can improve operational efficiency while promoting safety and reliability in their storage tanks. Preventing Accidents And Environmental Hazards To mitigate the risk of accidents and environmental hazards, it is important to implement robust safety protocols and practices. When it comes to preventing spills, one key measure is ensuring that storage tanks are regularly inspected for any signs of corrosion or damage. Additionally, strict guidelines should be in place for the handling and transferring of fuel, including the use of appropriate equipment such as spill containment systems and drip pans. Emergency response procedures must also be established to effectively address any spills or leaks that may occur. This includes training staff members on proper response techniques, having readily accessible spill response kits on site, and establishing communication protocols with local emergency services. By implementing these measures, fuel storage facilities can significantly reduce the likelihood of accidents and minimize potential environmental impacts. Ensuring The Longevity And Efficiency Of Your Fuel Storage System Maximizing the lifespan and effectiveness of a fuel storage system requires implementing comprehensive maintenance procedures and regularly monitoring for any signs of deterioration or inefficiency. Proper fuel storage system maintenance is essential to ensure optimal performance and prevent potential issues that could compromise safety, reliability, and efficiency. This includes regular inspection of tanks, pipelines, valves, and other components for corrosion, leaks, or damage. Additionally, it is crucial to conduct routine cleaning to remove sediment buildup or contaminants that may affect fuel quality. Implementing preventive measures such as cathodic protection systems can help mitigate corrosion risks. Monitoring fuel levels and conducting periodic testing of stored fuel quality is also vital to ensure efficient operation. By adhering to these maintenance practices, operators can safeguard their fuel storage systems against premature degradation and maintain their efficiency over time. Additionals: Truck Accident Scenarios: Who Is Liable? A Set Of The Best Exercises For Truck Drivers The Most Common Causes of Truck Accidents The Main Reasons Why Cabover Trucks Are Less Common Than Long Hood Rigs

How Many Wheels Are In The World? – Are You Excited To Know?

Have you ever wondered how many wheels are there in the world? The first answer that will come to the fore is that there are actually plenty of wheels, which are infinite in number. However, in this article, we will look at this interesting question a bit differently and find out how many wheels are in the world in particular. With the Automotive Industry growing in leaps and bounds every year, the number of wheels depends upon the large number of vehicles being produced. Estimations have speculated that the number of wheels could be anywhere around 37 billion globally. Furthermore, in this article, you will also know why this question is there in the first place and what is the motivation behind finding out how many wheels exist in the world. You will also know about the fact why many people want to know how many wheels are there in the world estimate, as well as the views of the people. How Many Wheels Are In The World Total? – General Background Many users on the internet and social media (Twitter in particular) organized a popular poll, which was mainly about whether there are more doors or more wheels in the world. Hence, there were two different opinions from different users, and the reasons that people came up with were also interesting and, in some cases, extremely funny. On the one hand, many people were of the opinion that there are more doors in the world since there are many buildings and a single building has several doors. On the other hand, others claimed that since there are too many vehicles in the world, the number of wheels outnumbers the doors. Many people from around the world participated in the poll, and many people enjoyed the answers on the poll. The poll was featured in many countries, including the US, Canada, Australia, the UK, Ireland, and many more. The person who started this poll is Ryan Nixon. According to him, he found similar questions in Quora, from where he took the idea. According to Ryan, the question he found on Quora is, “If you could have one superpower, what would it be?” To answer the question, Ryan replied, “The ability to know the answer to any question I wanted.” This is how he found the idea of asking the question to people on the internet. Although it may sound strange to you, this is actually how the poll started and got popular in no time. More Doors Or More Wheels – What About The Post? Image Source: static.tweaktown.com Ryan Nixon posted the poll on March 5, 2022, on his Twitter account with the Twitter ID @NewYorkNixon. In the poll, he posted, “My mates and I are having the STUPIDEST debate...And I am here for it. Do you think there are more doors or wheels in the world?” As of February 22, 2023, we found that there are 223,347 votes. The final results are already out. The poll results were close, as 53.6% of people voted for more wheels, while 46.4% of people voted for more doors. There are 4823 retweets of the post and 19,200 likes on the post. Furthermore, 4414 people quoted the tweet. From the moment Ryan posted the tweet, it went viral in no time. Within three days, the post was one of the most viewed on the internet. Many experts are of the opinion that the reason behind the post being popular is that it was truly unique, and different people have different opinions about the post. Additionally, the post got popular quite fast on Facebook, Reddit, and other social platforms as well. What People Are Saying About The Doors Vs. Wheel Post? Image Source: media13.s-nbcnews.com You must have already understood that the post was unique and got popular due to it being interesting and funny at the same time. This is because hardly any people think about the number of doors and wheels in their own houses and cars, let alone the world. The funny part about the post is the way how many people came together to vote on the poll and have a debate in the comment section of the post. The question was, although simple, it was intriguing as well. For example, one person even commented, “Who is voting doors??? There’s wheels on everything. I have wheels on my garment rack, makeup storage holder, rubbish bin. It’s definitely wheels.” In return, Ryan Nixon replied, “You have more wheels in your house than doors? Think about cupboards, the pantry etc. Think about how many doors there would be in something like an apartment building or hotel...” Such conversations and opinions made the post extremely interesting. Some of the other comments that added fuel to the fire are: “Very solidly wheels. All cars have 4 wheels but 2-4 doors. An average home might have 6-10 doors but it also has 3 suitcases with 6-12 wheels. A collection of toy cars might have 400 wheels.” “How many suitcases with wheels on have you got in your house? I’ve got eight. That’s 32 wheels just there.” “Doors. Four door cars and trucks nullify themselves. All ships have doors, no wheels. All buildings have doors, no wheels. Doors.” “Doors by far. Most things with wheels have at least a 2:1 door-wheel ratio, and then you have all the other doors in the world.” “In my household there are 29 doors including fridge, cupboards, washing machine, tumble dryer and car. Got 4 wheels on my car and the hamster has a wheel, can’t think of any more wheels I’m saying doors." "Using the ideology that wheels are only for vehicles and doors only count if they can be walked through. Think it’s quite clear that doors win. Let me know if I’ve missed anything major or something needs explaining.” "Think it’s quite clear that doors win. Let me know if I’ve missed anything major or if something needs explaining.” "Doors. Four door cars and trucks nullify themselves. All ships have doors, no wheels. All buildings have doors, no wheels. Doors." "Easily doors There's double the number of homes in the world than there are other types of buildings too, eg shops, businesses etc Then on top of that, most vehicles have many doors too," "Must be wheel. Wheels is one of the earliest human inventions. Not only in vehicles, but also in rollerblades, suitcases, chairs, etc. Wheels also made each day more than doors." "Just to confuse this debate do you mean EVER or NOW? as this very much alters my answer. Also, is a broken door or wheel still a door or wheel? I need some rules here." "You have ruined my life, I've lost sleep over this." "This has sent me into a spiral and I can't escape it." What Is The Exact Answer To The Question? In every way, it is very hard to find out the exact number of wheels or doors. If, for example, you think about only cars, you have to consider it has four wheels and at least two doors. There are wheels in other vehicles as well. Furthermore, there are so many doors in houses, furniture, etc. On the other hand, there are also wheels in toys like Hot Wheels and Legos. Realistically speaking, the numbers are just too much for a person to count, as they are infinite. Hence, we will not be able to give you even a close idea. How Many Lego Wheels Are There In The World? Image Source: m.media-amazon.com In answer to how many Lego wheels there are in the world, you will need to estimate the number of car toys Lego produces. In a year, almost 17 billion toy cars are produced. Lego has sold approximately 6 billion wheels until now. As per a 2010 report, we found that Lego produces 318 million tires every year. Despite all these data, it is still hard to find out the number of wheels in this case too. Summing Up It is really hard to find how many wheels are in the world or even how many doors there are. Who knows! There can be billions of wheels and doors in the world. However, the best part about the question is that it is interesting and unique, and the post from where the question is inspired was a head-turner. Moreover, the post was funny, and the results were even funnier. Read Also: How Long Can You Go Without An Oil Change? What Type Of Vehicle Is Ideal For Off-Road Driving? How To Choose The Best Wheels And Tires For Your Vehicle?

Some of the Top Attractions in Pune You Should Visit by Cab

Pune is one of the most thriving metropolis and second-largest city in Maharashtra. It is presently an academic and business hub for the modern generation. Situated on a hilly geographical terrain of the Sahyadri hills, Pune has a pleasant climate and a cosmopolitan culture that make it an attractive tourist destination. The road trip along the Mumbai Pune expressway is very thrilling as you cross magnificent forts and enchanting waterfalls. Pune has been the cultural capital of Maharashtra with an emphasis on theatre, art, music, and education. The presence of museums, parks gardens, multiplexes, malls and pubs along with forts, palaces and museums portray the multiethnic personality of the city. One may make an online cab booking in Pune and take the guidance of local guides to get around the famous tourist attractions of the city. Main Attractions in Pune : Several interesting places in Pune can be visited by travelers. One can make an online taxi booking in Pune to visit the landmark Shanivar Vada that was built by Peshwa Baji Rao. This palace has fortified gateways, majestic walls, and ramparts of wooden pillars. A light and sound show is held in the evening in the Marathi language. The Aga Khan Palace is an impressive building that must be visited by history buffs. Photos and paintings of Mahatma Gandhi are exhibited in this Mahatma National Memorial. Prominent nationalist leaders were imprisoned here during the British rule. The Osho Ashram in Koregaon Park is a peaceful haven for meditation. Massages, workshops, theatres, and events are held for its visitors who can interact with international members of the ashram. The Singhabad Fort situated atop the Bhuleswar hill which is a trekkers delight. Raja Dinkar Kelkar Museum has a good collection of 17th-century miniatures, pottery items and other antiques from Mughal and Maratha times that might interest history lovers. You get a classic glimpse of the Hindu culture during the Ganesh Chaturthi festival celebrated with great pomp and show at the Daduseth Halwai Ganpati temple. The Chaturshringi Temple is dedicated to Goddess Chatursinghi that is quite popular among the locals. The Parvati Hill is visited for its temple bearing a private shrine of the Peshwa rulers. Don’t forget the Parvati Museum that has an ancient manuscript collection. History lovers will take great enthusiasm in the 8th-century rock-cut cave temple of Pataleshwar dedicated to Lord Shiva. One can marvel at the Anglo Rajasthani architectural style of the memorial of Mahadji Shinde at Shinde Chhatri. Photography of the sunset can be best captured at the Saras Bag where one can spend lazy evenings. Migratory birds are found aplenty at the Bund Garden, and a boat ride in the Katraj Lake of Rajiv Gandhi Zoological Garden can be very relaxing. An online taxi booking in Pune for a self-drive car gives one the freedom to go shopping for baked goods on MG Road, click pictures of Pune from the Shivaji Bridge, and enjoy an authentic Maharashtrian breakfast at the famous joints. Exploring the city By Cab : Various self-drive cab services are available along with online taxi booking in Pune that makes sightseeing an unforgettable experience for travelers who want to explore the city from close quarters. A self- drive cab service scores over conventional taxis as it offers privacy, safety, freedom and much more at very competitive prices. Read Also : Moving To Another Country Alone: How It Can Change Your Life

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?

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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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Fuel Storage Tanks: Ensuring Safe And Reliable Fuel Management

How Many Wheels Are In The World? – Are You Excited To Know?

Some of the Top Attractions in Pune You Should Visit by Cab

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

Share this Article

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

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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

Recent

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