The world’s most exclusive car brand is now available for public ownership. Ferrari listed January 5 on the Italian stock exchange, the Mercato Telematico Azionario (MTA), completing a long-announced split from parent group Fiat. For those counting, this means that the Prancing Horse is independent again, for the first time since 1969. Yes, Fiat Chrysler listed 10% of Ferrari on Wall Street in October last year but this listing on the MTA represents the divestment of the remaining 80% of the Maranello firm; press reports hold that the Agnelli family (Fiat bosses basically) still own 24% of Ferrari while Enzo Ferrari’s son Piero has a 10% stake. Trading ended at €43.46, up ever so slightly from the debut price of €43. This news caps an impressive season for this legend of the auto world, as we reported previously here.
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