Have you ever wondered: Who owns Ferrari? Ferrari is a brand that everyone knows, even those who may not be true car enthusiasts. It even has one of the highest values of European cars. And this car brand is often sought after by wealthy individuals in the UK and beyond due to its speed and high performance.
Ferrari’s iconic red paint or prancing horse logo, which is painted underneath the Italian flag, can’t be easily missed. But who actually owns Ferrari? The answer may surprise you. The short answer is that Exor owns Ferrari. Exor is an investment and private equity firm belonging to the Agnelli family business dynasty, begun by Giovanni Agnelli.
In this short article, we will take a look at several other critical details about Ferrari.
What Is Ferrari?
Ferrari is a luxury car brand established in 1939 by Enzo Ferrari. With a rich history of engineering excellence and supercar domination, it’s no surprise that Ferrari is one of the most recognizable and revered brands around the world.
In 1939, Enzo Ferrari bought Alfa Romeo. He had the idea to sell Alfa Romeo as a luxury vehicle. And in 1940, he began the production of the legendary Ferrari sports car. Ferrari was originally a luxury car company.
Ferrari is a car made with the sole purpose of making you look cool. These cars have been made to look like sports cars, but they are actually used for everyday purposes. They have large wheels and can be used to pull loads of different things.
Who Owns Ferrari?
We all know Ferrari is one of the world’s most prestigious and popular car brands. But who actually owns Ferrari?
The Ferrari is owned by Exor, also known as Exor Co. Exor NV is a subsidiary of Exor Co. and through this internal company, the Italian Agnelli family oversees and runs the business.
In addition to the Ferrari supercars, Exor owns various shareholdings. These holdings include Fiat Chrysler Automobiles, Juventus FC CNH Industrial PartnerRe GEDI Economist Group.
So there you have it! The next time you’re admiring a Ferrari, you can now think about the company that owns it.
Although the history of this brand is complicated and long, a few of the details remain unchanged today. Moreover, the cars are still manufactured in Italy, in Maranello, and all are hand-made without much automation. Despite not being linked with a major car manufacturer, Ferrari has continued to be one of the top manufacturers in the world and a synonym of excellence.