Quote:
Originally Posted by wolfhound
While Ferrari is a different public company to the best of my memory FCA still has a significant share holding in Ferrari.
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FCA completed the public flotation of Ferrari in the first few days of this January. 90 percent of the company is now publically owned, whilst the remaining 10% has been retained by Piero Ferrari, Enzo's remaining son.
Last year, FCA divested itself of 10% of Ferrari through an IPO, and the remaining 80% was distributed to FCA's shareholders to complete the seperation. I would guess that the Agnelli family still retain an interest, as maybe do others closely connected to Fiat, but they are, in theory, two completely distinct companies now.