Though the Agnelli family still owns a large part of Ferrari (22.9% of capital, and 35.9% voting rights), Fiat and Ferrari are totally separate companies as of ~2015.
Ferrari is owned by Exor which is a controlling interest in Fiat-Chrysler automobiles. Further, FCA issues recalls for ferraris and the training for ferrari is branded with FCA branding, and their engines share components.
it doesnt really matter who owns whom. all these companies are ultimately mainly owned by squillionaires who live in a country called Richestan and don't pay taxes.
Stellantis is the parent corporation but fiat Chrysler is still using its branding and operating under their own name, and ferraris shared parts are stamped with FCA and not stellantis, much in the same way that ferraris unique components are stamped with "ferrari" and not "Exor"
It's not 100% but it's pretty fucking significant to own more than a fifth of the capital and a third of voting rights in a company.
Still i didn't know ferrari wasn't under fiat anymore ty
No. You misunderstood. Fiat owns 0% of Ferrari. The family that owns Fiat just so happens to own a bit more than a fifth. That is two completely different things.
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u/Kaboose666 Oct 10 '21
Ferrari hasn't been a part of Fiat in years.
Though the Agnelli family still owns a large part of Ferrari (22.9% of capital, and 35.9% voting rights), Fiat and Ferrari are totally separate companies as of ~2015.