Who Owns Ferrari? A Look at the Luxury Car Brand’s Owners

Have you ever revved up a Ferrari in your mind, feeling that surge of power and prestige? It’s more than just a car—it’s a symbol of speed, luxury, and unbridled passion. But behind the sleek designs and roaring engines lies a fascinating question: who owns Ferrari today? Let’s dive into the story of this legendary brand, from its humble beginnings to its current status as a powerhouse in the automotive world.

The Ferrari Founder: Enzo Ferrari’s Vision Takes Shape

Enzo Ferrari wasn’t just a man; he was a force of nature in the racing world. Born in 1898 in Modena, Italy, Enzo grew up amid the rumble of early automobiles. His early life was marked by tragedy—losing his father and brother to the flu pandemic—but it fueled his drive to conquer the tracks.

Enzo started as a test driver for Alfa Romeo in the 1920s, quickly rising through the ranks. By 1929, he founded Scuderia Ferrari, a racing team that would become synonymous with victory. Think of it like planting a seed that grows into a mighty oak; Enzo’s passion for speed laid the foundation for what we know as Ferrari today.

In 1947, the first road-legal Ferrari rolled out of the factory in Maranello. Enzo’s philosophy was simple: build cars that win races, and the rest will follow. His legacy lives on, with Ferrari clinching over 240 Formula 1 victories. What started as one man’s dream has evolved into a global icon.

From Racing Roots to Corporate Twists: Ferrari’s Early Ownership Journey

Ferrari’s path wasn’t always smooth. In the 1960s, financial pressures mounted as Enzo balanced racing ambitions with production demands. He turned to partnerships to keep the dream alive.

Enter Fiat in 1969. The Italian giant acquired a 50% stake, injecting much-needed capital. By 1988, Fiat’s ownership climbed to 90%, with Enzo retaining 10% until his death. This era transformed Ferrari from a boutique operation into a more structured enterprise, blending artisanal craftsmanship with industrial might.

But here’s where it gets interesting. Fiat’s involvement sparked endless debates among car enthusiasts. Was Ferrari losing its soul? Or gaining the muscle to dominate?

Does Fiat Own Ferrari? Clearing Up the Confusion

You might have heard whispers: does Fiat own Ferrari? The short answer is no—not anymore. Fiat Chrysler Automobiles (FCA), Fiat’s successor, spun off Ferrari in 2016, making it an independent public company.

This move allowed Ferrari to chart its own course, free from the broader automotive group’s constraints. Today, Ferrari trades on the New York Stock Exchange under the ticker RACE, with a market cap hovering around $84 billion as of mid-2025. It’s a testament to how far the brand has come since those Fiat days.

That said, echoes of the past remain. The Agnelli family, Fiat’s founding dynasty, still holds influence through their investment arm. More on that soon.

Is Ferrari Owned by Volkswagen? Debunking Common Myths

Another rumor that pops up in car forums: is Ferrari owned by Volkswagen? Absolutely not. Volkswagen Group owns heavyweights like Lamborghini, Porsche, and Audi, but Ferrari has always stayed out of that fold.

Back in the 2010s, there were fleeting talks of acquisitions, even an April Fool’s prank announcing a VW buyout. But Ferrari’s independence is part of its allure. Unlike Volkswagen’s portfolio of brands, Ferrari operates solo, focusing solely on high-performance vehicles.

Why does this myth persist? Perhaps because VW snapped up Lamborghini in 1998, creating a supercar rivalry. Speaking of which, Lamborghini’s off-road beast, the LM002, showcases a different side of Italian engineering—check it out for a wild contrast to Ferrari’s track-focused ethos. Internal link: Explore the Lamborghini LM002’s rugged history

Who Owns Ferrari Today? The Modern Ownership Structure

So, who owns Ferrari in 2025? It’s a mix of public shareholders and key players. Ferrari N.V. is publicly traded, with about 58.8% of equity in public hands. But control isn’t evenly spread—voting rights tell a different story.

Exor N.V., the Agnelli family’s holding company, holds 24.65% of equity but 36.48% of voting rights through special shares. Piero Ferrari, Enzo’s son, owns 10.48% equity and 15.51% voting power. This structure ensures the founding spirit endures while inviting global investment.

Institutions and retail investors make up the rest, drawn to Ferrari’s stellar performance. In 2024, the company reported revenues exceeding €6.4 billion, shipping over 13,000 cars worldwide. It’s not just about ownership; it’s about sustaining a legacy of excellence.

• Public Float: Around 59%, allowing everyday investors to own a piece of the Prancing Horse.
• Exor N.V.: The largest shareholder, linking back to Italy’s automotive heritage.
• Piero Ferrari: Keeping family ties strong with his stake.

This setup balances tradition with modernity, much like Ferrari’s cars blend heritage designs with cutting-edge tech.

Ferrari’s Business Empire: Beyond Ownership

Ownership is one thing, but Ferrari’s success is in its DNA. The brand isn’t just selling cars; it’s selling dreams. From the SF90 Stradale hybrid to the classic 488, each model pushes boundaries.

Did you know Ferrari limits production to maintain exclusivity? In 2024, they delivered about 13,663 vehicles, yet demand outstrips supply. This scarcity drives values sky-high—some models appreciate like fine art.

Ferrari also dominates Formula 1, with 16 constructors’ championships. It’s a feedback loop: track wins fuel road car innovations. And let’s not forget merchandising—those red caps and jackets generate millions.

For more on supercar innovations, the Lamborghini Temerario’s hybrid powertrain offers a glimpse into the future of performance rivals. Internal link: Discover the Lamborghini Temerario’s cutting-edge features

Challenges and Triumphs: Navigating the Automotive Landscape

Owning a brand like Ferrari comes with hurdles. Electric vehicles are reshaping the industry, and Ferrari’s first EV is slated for late 2025. How will they preserve that signature V12 roar in a silent future?

Tariffs and economic shifts pose risks, yet Ferrari’s 2025 outlook remains rosy, with projected revenues topping €7 billion. It’s like steering a high-speed corner—precision and confidence win the day.

Real-world example: During the 2020 pandemic, Ferrari adapted by ramping up personalization services, boosting profits amid chaos.

Why Ferrari’s Ownership Matters to Enthusiasts

At its core, Ferrari’s ownership reflects resilience. From Enzo’s solo venture to today’s hybrid structure, it’s a story of evolution without compromise.

What does this mean for you? Whether you’re eyeing a used 458 or dreaming big, knowing the owners underscores the brand’s stability. It’s not controlled by a faceless conglomerate; it’s steered by passionate stewards.

For deeper insights into Ferrari’s corporate journey, visit their official site. External link: Ferrari Corporate Overview

Conclusion: The Prancing Horse Gallops On

Who owns Ferrari? A blend of public investors, the Agnelli legacy via Exor, and Piero Ferrari’s family touch. This structure honors Enzo’s vision while embracing global growth. As Ferrari charges into an electric era, its ownership ensures the thrill endures.

Next time you spot a Ferrari on the road, reflect on its rich tapestry. Ready to chase your own automotive dreams? Start exploring— the journey is half the fun.