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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5 Cost Effective Ways To Improve Fleet Maintenance And Route Planning

Efficient fleet and route management present some of the most significant cost savings opportunities for transport operations looking to streamline expenses amidst rising overheads. While cutting too deeply risks performance impacts, simple modern technology tweaks can significantly optimize fleet maintenance protocols and delivery routing without demanding significant capital investments upfront. This article summarizes five budget-friendly tactics to boost fleet maintenance productivity and route planning accuracy using existing assets more strategically. Let's explore prime areas worthy of attention when aiming to balance the books without compromising quality. 1. Telematics Integration For Intelligent Maintenance Onboard telematics tracking solutions generate immense data around vehicle usage - everything from daily mileage to fuel consumption rates, acceleration patterns, and engine fault alerts. GPS fleet monitoring systems generate data that is integral for transitioning to more intelligent maintenance planning. For example, tracking the total mileage elapsed on each vehicle provides maintenance teams advanced notice to schedule preventive services aligned to actual usage rather than guesswork. Engine fault alerts similarly assist workshops in stocking correct parts beforehand, reducing repair times. Such predictive, conditioned-based maintenance enabled by connected telemetry hugely increases workshop productivity and asset longevity over fixed service intervals alone. The marginal hardware costs pay themselves back rapidly by eliminating unnecessary jobs on under-utilized vehicles while significantly cutting downtimes for aged trucks requiring urgent repair. Managers also gain better oversight on accurate asset utilization - identifying overcapacity and right-sizing accordingly. 2. Dynamic Route Optimization Saves Fuel, Time Route planning technology has evolved, allowing detailed mapping of traffic conditions, customer needs, and variable delivery volumes to generate optimized routes and sequenced schedules scientifically. Dynamic routing feeds ongoing location pings and logistical changes into algorithms pinpointing the most time and fuel-efficient plans moment-to-moment. For example, sudden traffic jams easily reroute deliveries, minimizing delays through detours or customer sequence swapping automatically. Live ETAs provide dispatchers with increased responsiveness to urgently insert priority, high-value stops. Route optimization similarly groups nearby customer drops, minimizing dead miles between stops. The aggregate savings from sharply reduced idling times, fuel spending, and completing more drops per shift quickly offsets monthly routing software subscriptions. A fluid platform also simplifies planning around volatile customer orders or urgent requests. Finally, the streamlined routing eases driver pressures and provides more predictable shift cycles, preventing overtime overruns. 3. Leverage Low-Cost Driver Behavior Analytics While extensive telemetry solutions assist maintenance practices and route optimization advice, essential low-cost tools encourage safe driving habits with significant safety and cost advantages. Driver safety starts with journey behavior - sharp acceleration/braking, excessive speeding, and distraction cause most fleet accidents. Installing essential accelerometer apps on company phones, which riders keep in their pockets while driving, gives managers reliable indicators of driving standards without major privacy invasions. The identified high-risk drivers become eligible for supplemental training to rectify gaps proactively rather than reactively post-accident. Even occasional coaching nudges promote defensive habits, directly preventing liability claims. Tax write-offs on essential safety apps provide further incentives against the staggering fallout of adverse driving. 4. Revise Periodic Inspection Regimes Most fleet vehicles undergo rigorous annual or bi-annual mechanical and safety inspections to renew registrations and compliance certificates. However, modern usage patterns indicate that minor intermittent inspections work better for heavier-usage vehicles. For example, an urban delivery van racking high mileage daily deserves more frequent - yet shorter - 30 or 60-day inspection intervals concentrating on high-wear items like tires, wipers, and fluids rather than entire annual drivetrain teardowns. This spreads CAPEX costs into smaller bites while catching deficiencies earlier before catastrophic failures materialize at the worst moment. For vehicles with lower utilization, quarterly checks remain suitable to balance effectiveness against outlay. Managers shouldn't rely on annual checks to assure complete reliability on today's asset-intensive fleet demands—review inspection regimes to align with contemporary mobility profiles. 5. Embrace Eco-Driving Practices For Light Vehicles Too While most eco-driving programs target commercial trucks, light fleets equally deserve policy attention, given their ubiquity on roads. Minor optimizing tweaks around acceleration, idling, revs per minute, and running A/C make significant impacts multiplied over thousands of miles annually. Simply avoiding jackrabbit starts saves gas and brake wear dramatically. A/C idling policies similarly cut petty energy waste. Lower viscosity oils boost fuel economy while protecting modern engines from higher operating temperatures. Removing unnecessary cargo weight or drag-inducing racks after shifts conclude also assists in marginal performance gains. The eco-driving ethos crucially builds employee engagement around fuel budget guardianship. Business mileage reimbursements accordingly shift to reward MPG rather than total gallons consumed. Small in-cab reminders keep consciousness pervasive till smart habits become instilled in practice. Final Thoughts With transport margins tightening amidst inflation, energy volatility, and labor churns, sweating assets harder makes commercial sense if done responsibly. The above five pathways leverage connected fleet technology, data insights, and driver partnerships for optimizing critical maintenance and route planning protocols without demanding elaborate upfront investments. The collective small gains directly enhance workshop productivity, vehicle longevity, fuel economy, and driver experience while cutting risk and delays significantly. Beyond the operational enhancements lie vital cultural shifts, placing field teams at the heart of finding solutions rather than externally imposing changes. Collaborative problem-solving builds their engagement around responsible optimization critical for sustaining a continually improving business despite market uncertainties. Additional Reading:

Choosing the Right Anti-Theft Devices For Your Car In Houston TX

Although there's no foolproof way to protect your car from being stolen, you can certainly reduce the chances of it becoming a target without spending more than you can afford. Outlined below are a few tips and tricks on how to keep your beloved motorcar protected. Use A Mechanical Immobilizer: A mechanical immobilizer is designed to restrict movement or access to the vehicle. Unlike most anti-theft devices that remain hidden, this device is highly visible, hence an excellent choice for deterring amateur car thieves. The police recommend using one of these alongside other anti-theft devices to keep car thieves at bay. 1. Steering-Wheel Lock: This is the least expensive anti-theft device you can invest in. As the name suggests, the steering-wheel lock makes it impossible to drive the car, hence one must unlock it to be able to navigate. 'The Club' is a good example. 2. Tire Lock: Having a tire lock in place can help deter thieves from targeting your car. Tire locks, however, require time to put on and off, which is why you may want to try other options if you use the car daily. Electronic Immobilizer: Most modern cars today come with built-in microchips and transponders capable of sending a signal to the built-in anti-theft system. Trying to start the car without its keys and fobs simply mean the engine will not start. Most car thieves will avoid vehicles equipped with electronic immobilizers. Have a 'Kill Switch' installed: This device is normally installed in the engine's electrical system. As the name suggests, it sends a signal that turns the engine off when activated. Although most modern cars have this anti-theft feature installed, you can have one installed on your vehicle for as little as $10. The most expensive option goes at $200. The Master Lock Starter Sentry is a good example (and popular model) of a kill switch capable of disabling the ignition system, as well as the fuel wirelessly. The best kill switches disable all other functions of the car until the signal is deactivated through a series of tasks. Install a Car Alarm: Car alarms are considered the most effective visual anti-theft devices there is today. The alarm is however only activated should one attempt to gain entry to the car forcefully, perimeter breach, sudden movement, or the breaking of glass. The system works with several sensors that pick up the slightest sign of forced entry or breach sounding an alarm at over 120 DBS. This alerts the driver immediately and anyone else within a hearing distance. Consider VIN Etching: All vehicles have a 17-digit Vehicle Identification Number (VIN) mostly printed on the dashboard, registration, and insurance cards. 'Branding' all parts of the car with its VIN Number can help deter car thieves from targeting your car. This is particularly useful if you can have all windows and glass parts imprinted with the VIN. Most car thieves will avoid vehicles with their VINs etched on all visible parts. This is mostly because disposing of parts with VIN exposed is considerably much more laborious and costly. Have a Vehicle Tracking System Installed: Although an expensive anti-theft device/feature, a vehicle tracking system not only deters thieves from stealing your car but also provides real-time data on the car's location should it be stolen. These systems use GPS (Global Positioning Systems) to pinpoint the car's exact location for easier retrieval. One of the advantages of investing in a vehicle tracker is that the system can be integrated with other anti-theft features to keep the car protected. You, however, need to subscribe to this service to get real-time updates on your vehicle whenever you need it. You can contact an automotive locksmith Houston Tx for immediate services. Read More : 5 Ways Camera Monitoring System Will Enhance Vehicle Safety There Is A Pothole Problem In America – How To Protect Your Car From Damage?

Things You Need To Have On Your Checklist For Your Car

Owning a quality automobile provides you with the freedom to navigate the continent. And keeping your vehicle running like new and performing like a champ makes the journey that much better. Yet, many car owners neglect to consider some significant and inexpensive upgrades that they can make to improve the value, performance, and comfort of their vehicles. Let's consider the things you need to have on your checklist for your car below. Things You Need To Have On Your Checklist For Your Car: #1. Laser-Measured Rubber Floor Mats: Like the floors in your home, the carpets of your vehicle take the brunt of the damage. Many car interiors are light-colored and will stain super easily. When you purchase custom laser-measured rubber floor mats, you can keep those carpets looking like new forever. Most car owners don't realize that their carpets are backed with jute padding to absorb sound. This padding material will absorb moisture, grow mildew, and stink if you don't invest in quality floor mats. Most factory floor mats are made out of cloth. Not only are they difficult to keep in place but they also do very little to protect your carpets from water damage. The water will carry the grime that you pick up off the roads into your car and embed it deep in the fibers. It can take a professional carpet shampoo and steam cleaning to restore the appearance of soiled carpets. #2. Seat Covers: Your seats also take a beating. Unless you have rich leather interiors, you should invest in high-quality seat covers to limit damage and wear. Quality neoprene seat covers help to keep your car cool in the summer and retain body heat in the winter. They are also fireproof and waterproof. This means that you can drop a lit cigarette on them or even a drink without staining and ruining your expensive upholstery. Every driver who values their automobile should have a set of high-quality seat covers. #3. Performance Air Filter: One of the biggest hurdles that your engine faces is drawing in enough oxygen to promote proper combustion. Not only does a clogged air filter reduce the responsiveness of acceleration but it also reduces fuel efficiency. This inexpensive upgrade can add a few horses to your powertrain and save you the need for constant checking and cleaning of your factory air filter. It is unclear why everyone hasn't upgraded. #4. Quality Tires: When it comes to cars, there is no single item that faces more wear than tires. Tires are constantly generating heat from the friction created by road contact. If you don't have a set of high-quality tires, the tread will wear down quickly and maybe unevenly. Finding the right tire for your driving needs such as a touring or fuel saver tire can make a big difference in the way your vehicle handles and uses gas. The higher-quality tires don't produce any road-noise, vibrations, or handling issues. They will run great in water, light snow, and even absorb some of the uneven textures of the road. You can purchase a new set of tires and have them installed at Black Label Automotive. They will match you with the ideal tire for your needs and remove the guesswork. #5. Tune-Up: Today's modern vehicles don't have to be tuned up with adjustments as they did in the past. Most of the sensors and operations of the engine are fully automated and require no adjustments to restore optimal performance. However, there are certain wear items that are commonly known to cause performance problems. You may need spark plugs, coolant temperature sensors, or oxygen sensors replaced every so many years. In addition, the fuel filter will need replacement every 3 years or so. Many drivers see significant improvements when they clean their fuel injectors and throttle bodies. #6. Window Tint: Window tinting was once more popular until laws were passed to prevent people from fully tinting their vehicles. Tinting provides valuable protection from UV radiation and heat in the summer. Thanks to the new nano-ceramic tints, you can obtain the same level of protection without the big black film. This nano-ceramic tint is a nearly invisible clear coating that goes on the interior of your windows. It blocks out almost 100 percent of the UV radiation and protects your skin and interior from sun damage. Read Also: Spring’s Favourite Car: The Ford Mustang 7 Important Car Driving Safety Tips You Should Not Skip! Buying A Used Car? Few Negotiating Tips, You Can Use Car Insurance: What You Need To Know Before Taking The One!

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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5 Cost Effective Ways To Improve Fleet Maintenance And Route Planning

Choosing the Right Anti-Theft Devices For Your Car In Houston TX

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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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Share this Article

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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

Related