Major Shareholders of Ferrari N.V.
Ferrari N.V. is a publicly traded luxury sports car and racing company listed on the New York Stock Exchange under the ticker RACE. The largest single shareholder is Exor N.V., a European investment holding company controlled by the Agnelli family, which holds a significant voting and economic stake in the company. Exor's ownership gives the Agnelli family continued influence over Ferrari's strategic direction despite the company being publicly listed.
Other major investors include institutional asset managers and mutual funds that hold substantial blocks of Ferrari's common shares. These institutional holders often include large global banks, pension funds, and asset management firms that invest in high-growth luxury and automotive brands. Individual retail investors also own a meaningful portion of Ferrari's shares, attracted by the brand's premium positioning and racing heritage.
Ferrari's Corporate Structure and Listing Details
NYSE Listing and Dual-Class Share Structure
Ferrari N.V. is incorporated in the Netherlands and listed on the New York Stock Exchange, a structure chosen to access global capital markets while maintaining operational focus on Italy. The company uses a dual-class share structure in which Exor holds a class of shares with enhanced voting rights, allowing it to retain control without a majority of the economic interest.
The company's ordinary shares trade publicly and represent the majority of the economic ownership, but they carry limited voting power compared to the special shares held by Exor. This structure is common among luxury and family-linked brands that want to combine public-market access with long-term strategic stability. Ferrari's corporate headquarters are in Maranello, Italy, with key operational and financial functions spread across Europe and the United States.
Historical Ownership Background and Key Dates
From Fiat Chrysler to Standalone Ferrari
Ferrari was originally a division of Fiat, and later Fiat Chrysler Automobiles, before being spun off as a separate publicly traded company. The separation was completed through an initial public offering that raised significant capital and allowed Ferrari to operate independently while maintaining strong ties to its automotive heritage.
Since the spin-off, Ferrari has focused on expanding its lineup of hybrid and plug-in hybrid sports cars while preserving its racing identity. The company's ownership structure has remained centered on Exor, with periodic updates to shareholdings disclosed in regulatory filings. Investors tracking Ferrari's ownership can monitor filings and investor presentations for the latest data on share percentages and voting rights.
For more details on Ferrari's corporate structure and shareholding, see the company's official investor relations page at Ferrari Investor Relations. Additional background on Exor's investment portfolio and automotive holdings is available at Exor Official Website.