F1 »

Fiat considering Ferrari stake sale

Fiat could sell shares in Ferrari to invest in Chrsyler, according to reports
Parent company Fiat has confirmed that it is considering selling a stake in Ferrari, which would include part of the F1 team.

Rumours emerged about a possible stake sale during the Paris Motor Show last week after newspaper reports suggested Fiat was keen to raise money to allow it to up its take in the American firm Chrysler.

Although Fiat chief executive Sergio Marchionne was quoted in Paris as saying that the company didn't need to a sell a stake in the famous Italian marque in order to move ahead with any plans it may have, he then revealed that letting some shares in Ferrari go to another party could be an option down the line.

"We would consider selling a part of Ferrari,” he told the New York Times, “but it's not in the cards now, and I have no project on my desk."

Ferrari president Luca di Montezemolo has also denied that Abu Dhabi-based comonay Mubadala could release some of its minor shareholding in the company, insisting that they remain a 'very important industrial partner'.



Related Pictures

Click on relevant pic to enlarge
Friday Practice 2, Felipe Massa (BRA), Scuderia Ferrari, F10
Friday Practice 2, Felipe Massa (BRA), Scuderia Ferrari, F10
Friday Practice 2, Felipe Massa (BRA), Scuderia Ferrari, F10
27.11.2016 - Race, 2nd place Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid and Champion 2016 and 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, 2nd place Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid and Champion 2016, Lewis Hamilton (GBR) Mercedes AMG F1 W07 Hybrid race winner and 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, 2nd place Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid and Champion 2016 and 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, 2nd place Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid and Champion 2016 and 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, 2nd place Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid and Champion 2016 and 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, Start of the race, Daniel Ricciardo (AUS) Red Bull Racing RB12 and Sebastian Vettel (GER) Scuderia Ferrari SF16-H and Kimi Raikkonen (FIN) Scuderia Ferrari SF16-H
27.11.2016 - Race, Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race,Kimi Raikkonen (FIN) Scuderia Ferrari SF16-H  leads Daniel Ricciardo (AUS) Red Bull Racing RB12
27.11.2016 - Race, Daniel Ricciardo (AUS) Red Bull Racing RB12 leads Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, Kimi Raikkonen (FIN) Scuderia Ferrari SF16-H
27.11.2016 - Race, 2nd place Nico Rosberg (GER) Mercedes AMG F1 W07 Hybrid and Champion 2016, Lewis Hamilton (GBR) Mercedes AMG F1 W07 Hybrid race winner and 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H
27.11.2016 - Race, 3rd place Sebastian Vettel (GER) Scuderia Ferrari SF16-H

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.


richard

October 04, 2010 3:48 PM

dont get your hopes up rob. there are two important words here. "consider" and "some". maybe mclaren would buy a few shares and then they would have access to ALL the ferrari secrets!



© 1999 - 2016 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.