30 Nov 2017, 00:28 (Ref:3784199)
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#207
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Veteran
Join Date: Jun 2009
Posts: 4,035
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Quote:
Originally Posted by Mike Harte
No, we don't know that.
In fact, Fiat Chrysler (FCA) announced in 2014 that they would be spinning off Ferrari, which they commenced in 2015, completing the IPO in early 2016. It is now a completely separate company to FCA, with it's shares listed on the New York Stock Exchange.
The only connection between FCA and Ferrari is that they share the same chairman, Marchionne.
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A little simplistic, Mike, bearing in mind that the Agnelli family essentially own most of FIAT (only fair, since they founded it), and most of the Ferrari shares went to Fiat shareholders.......
https://jalopnik.com/who-will-contro...now-1652197657
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Richard Murtha: You don't stop racing because you are too old, you get old when you stop racing! But its looking increasingly likely that I've stopped.....have to go back to rallying ;)
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