Ferrari to split with parent company Fiat Chrysler

The Ferrari shake-up continues as it announces a split from parent company FCA and sale of its shares on the stock market

Fiat Chrysler Automobiles is to sell its ownership of Ferrari, releasing up to 90 per cent of the Italian brand to current FCA shareholders and 10 per cent to the public. The Ferrari brand is to be sold on the US stock market in 2015, with a strong possibility of a European listing too.

The news comes as the latest in a long list of developments experienced by the Italian supercar maker, following directly on from the departure of its former chairman Luca Di Montezemolo and technical director Roberto Fedeli

FCA chief executive Sergio Marchionne is said to be eager for the sale in order to achieve goals to grow FCA between now and 2018. Both FCA and Ferrari are expected to heavily benefit from the split, which could enable greater tailoring of development direction for each brand.

Revenue for the FCA has reached £18.65 billion in the third quarter of 2014, worth an impressive 14 per cent of growth, but the sale of Ferrari is part of a wider plan to raise £38 billion for a long-term investment plan.

So what does this mean for the world’s most famous supercar maker? Rumours suggesting the departures of Montezemolo and Fedeli are linked to Fiat’s recent plan changes for Ferrari will no doubt continue to circulate. Plans to grow the Ferrari brand and produce more cars (including a once rumoured but now rejected SUV) are also apparent key reasons for potential disagreements between head figures.

Whilst this might represent one of the bumpiest periods in Ferrari’s business history, word that the 458’s turbocharged replacement is undergoing development confirms we won’t have to worry about the Maranello firm losing touch with its supercar heritage for some time. 

What are your thoughts? Could the split help to ensure Ferraris of the future remain focused supercars or will we just see a vast expansion of Ferrari fragrances?...

Recommended

Ferrari Dinos go head-to-head – 246 GT v 206 GT
Ferrari Dinos go head-to-head
Ferrari

Ferrari Dinos go head-to-head – 246 GT v 206 GT

A smaller, lighter car with half the cylinders – the Dino GT was revolutionary for Ferrari. We compare original 206 with classic 246
9 Jan 2021
Ferrari 550 Maranello: history, specs and used review
Ferrari 550 Maranello front
Ferrari

Ferrari 550 Maranello: history, specs and used review

The decision to revert to a front-engined layout for the 550 Maranello led to the creation of an all-time Ferrari great
3 Jan 2021
Ferrari 250 GTO: the history, specs, prices and hype of an automotive icon
Ferrari 250 GTO rear drift
Ferrari

Ferrari 250 GTO: the history, specs, prices and hype of an automotive icon

In the world of front-engined Ferraris, one stands above all others. But can the 250 GTO really justify the hype – and the stratospheric values? We as…
29 Dec 2020
GTO Engineering – inside the UK's Ferrari specialist 
GTO Engineering workshop
Ferrari

GTO Engineering – inside the UK's Ferrari specialist 

Don’t be fooled by the stately surroundings; GTO Engineering is one of the most dynamic and innovative Ferrari specialists in the world
26 Dec 2020

Most Popular

TOM’S Racing Toyota GR Yaris revealed – homologation special gains focus
TOM’S Racing Toyota GR Yaris front
Toyota GR Yaris

TOM’S Racing Toyota GR Yaris revealed – homologation special gains focus

Japanese racing outfit TOM’S becomes the latest firm to mod the new Toyota GR Yaris
20 Jan 2021
Cupra Formentor tuned to 365bhp by Abt Sportsline
Abt Cupra Formentor front
Cupra

Cupra Formentor tuned to 365bhp by Abt Sportsline

Cupra’s first bespoke model has been fettled by German tuner Abt Sportsline upping power
21 Jan 2021
Used car deals of the week
Used car deals 21st Jan 2021
Features

Used car deals of the week

We’ve perused the used car pages so you don’t have to. Here’s what caught evo’s fancy this week
21 Jan 2021