Agnelli Family Reduces Ferrari Stake in $3.15 Billion Sale to Fund Expansion

INSUBCONTINENT EXCLUSIVE:
shareholder
million common shares of Ferrari through an accelerated bookbuild offering targeted at institutional investors
emphasized their unwavering support for the luxury carmaker and confidence in its future
The transaction is set to settle on March 3, 2025.Agnelli Family Reduces Ferrari Stake in $3.15 Billion Sale to Fund Expansion
acquisition
more than tenfold, reaching over $120 billion
Under CEO Benedetto Vigna, Ferrari has maintained exclusivity and profitability through limited production runs and customization
intent to expand its portfolio while ensuring Ferrari remains a cornerstone of its investments
The sale reflects a calculated effort to balance growth opportunities with long-term commitments.