Ferrari S.p.A. is an Italian luxury sports car manufacturer with a prestigious reputation worldwide. Established in 1939 by Enzo Ferrari, the company has evolved into a prominent player in the automotive industry. As of 2022, Ferrari’s revenue reached an impressive €5.095 billion, reflecting its enduring success. With a diverse business portfolio, Ferrari owns subsidiaries and maintains strategic alliances that contribute to its growth and brand recognition.
Key Takeaways:
- Ferrari S.p.A. is an Italian luxury sports car manufacturer
- The company was founded by Enzo Ferrari in 1939
- Ferrari’s revenue in 2022 was €5.095 billion
- Ferrari owns subsidiaries and strategic alliances that enhance its business portfolio
- The company has a strong presence in the automotive industry
Ferrari’s Business Portfolio
Ferrari’s business portfolio is focused on producing high-performance sports cars and luxury vehicles that embody the essence of the Ferrari brand. Renowned for their speed, design, and exclusivity, Ferrari’s cars are coveted by enthusiasts and collectors around the world. The company utilizes state-of-the-art technology and craftsmanship to create vehicles that deliver an unparalleled driving experience.
Notable Models
Some of the standout models in Ferrari’s portfolio include the Ferrari 488, Ferrari Portofino, and Ferrari SF90 Stradale. Each of these cars represents the pinnacle of automotive engineering, combining impressive horsepower, aerodynamic styling, and cutting-edge innovation. Whether it’s the exhilarating speed of the 488 or the elegance of the Portofino, Ferrari’s vehicles leave a lasting impression on both drivers and onlookers.
Customization Options
Ferrari understands that luxury car ownership is a personal experience, and as such, they offer an array of customization options for customers to personalize their vehicles. From selecting unique paint colors and interior finishes to adding performance enhancements, Ferrari gives buyers the opportunity to create a car that reflects their individual tastes and preferences.
Expansion and Acquisitions
| Year | Acquisition |
|---|---|
| 1997 | 100% ownership of Maserati |
| 2015 | Ownership stake in Aston Martin |
| 2017 | Acquisition of Carrozzeria Scaglietti |
Over the years, Ferrari has strategically expanded its business portfolio through acquisitions. In 1997, they acquired 100% ownership of Maserati, another prestigious Italian luxury car manufacturer. In 2015, Ferrari also acquired an ownership stake in Aston Martin, further diversifying their holdings. Additionally, in 2017, Ferrari acquired Carrozzeria Scaglietti, a renowned Italian coachbuilder, strengthening their expertise in design and craftsmanship.
With a relentless pursuit of excellence and a commitment to pushing the boundaries of automotive engineering, Ferrari’s business portfolio continues to evolve, ensuring that they remain at the forefront of the luxury sports car industry.
Ferrari Subsidiaries
Ferrari, as a prominent automotive company, has extended its influence through various subsidiaries that contribute to its diverse business portfolio. One of its most renowned subsidiaries is Scuderia Ferrari S.p.A., the racing team division of Ferrari. Scuderia Ferrari has a rich racing heritage and has achieved numerous victories and championships, particularly in Formula One. With a focus on performance and innovation, Scuderia Ferrari plays a vital role in promoting the Ferrari brand image and showcasing the company’s engineering excellence.
In addition to Scuderia Ferrari, Ferrari may also have other subsidiaries or holdings that are not publicly disclosed. These undisclosed subsidiaries could serve different purposes, such as research and development, manufacturing, or marketing. While specific details regarding these subsidiaries are not readily available, their contributions to the overall Ferrari Group undoubtedly play a crucial part in enhancing the brand’s global presence and solidifying its position as a luxury automotive leader.
Ferrari Subsidiaries Overview
| Subsidiary | Description |
|---|---|
| Scuderia Ferrari S.p.A. | The racing team division of Ferrari, with a focus on Formula One racing. Scuderia Ferrari has a successful history in motorsports, with numerous championships and victories. |
| Undisclosed Subsidiary 1 | This subsidiary’s specific role and function within the Ferrari Group are not publicly disclosed. However, it likely contributes to various aspects of Ferrari’s operations. |
| Undisclosed Subsidiary 2 | Similar to the undisclosed subsidiary mentioned above, this subsidiary’s purpose remains undisclosed to the public. However, it is expected to play a significant role within the Ferrari Group’s overall business strategy. |
These undisclosed subsidiaries, coupled with the recognized Scuderia Ferrari, enable Ferrari to operate holistically and maintain its position as an industry leader. By leveraging the expertise and resources of its subsidiaries, Ferrari can expand its product offerings, improve technological capabilities, and continue to deliver exceptional performance and luxury vehicles that captivate automotive enthusiasts worldwide.
Ferrari’s Ownership
When it comes to Ferrari’s ownership structure, there is an interesting mix of public and private ownership. As of the latest available data, Exor N.V., the holding company of the Agnelli family and also the owner of FIAT Chrysler Automotive, holds a significant 24.21% stake in Ferrari. This demonstrates the strong connection between two major players in the automotive industry, with Exor N.V. having a vested interest in the success of Ferrari.
In addition to Exor N.V., Piero Ferrari, the son of Enzo Ferrari, holds a notable 10.30% stake in the company. As a member of the Ferrari family, Piero Ferrari’s involvement in the ownership further emphasizes the heritage and legacy behind the brand. The family connection adds a personal touch to the company’s operations and decision-making processes.
The remaining 65.49% of ownership is held by the public, allowing for widespread investment and participation in the Ferrari brand. This composition ensures that while there is family ownership and influence, there is also access to capital and stability through public investment. It strikes a balance between preserving the Ferrari legacy and driving growth through wider ownership.
While Exor N.V. and Piero Ferrari hold significant stakes, it’s important to note that Ferrari may also have other parent companies or stakeholders that are not publicly disclosed. These undisclosed entities add another layer of complexity to the ownership structure, hinting at a broader network of support and influence beyond what is publicly known.
FAQ
What companies does Ferrari own?
Ferrari owns subsidiaries such as Scuderia Ferrari S.p.A. and may have other holdings that are not publicly disclosed.
What is included in Ferrari’s business portfolio?
Ferrari’s business portfolio consists primarily of sports cars and luxury cars.
What are some notable models in Ferrari’s portfolio?
Some notable models in Ferrari’s portfolio include the Ferrari 488, Ferrari Portofino, and Ferrari SF90 Stradale.
What does Scuderia Ferrari S.p.A. do?
Scuderia Ferrari S.p.A. is the racing team of Ferrari and has a long history in racing, particularly in Formula One.
Who are the top shareholders of Ferrari?
Exor N.V. holds a 24.21% stake in Ferrari, Piero Ferrari holds a 10.30% stake, and the public holds a 65.49% stake.
What is Ferrari’s ownership structure?
Ferrari’s ownership structure is a mix of public and private ownership, with a balance between family ownership and public investment.