Ferrari became an independent, public company in early 2016, following a decision taken in late 2014 by the now-defunct Fiat Chrysler Automobiles to spin off the fabled Italian brand. FCA – now Stellantis after the merger with the PSA Group – sold 10 percent of its Ferrari share in an IPO, with another 10 percent still owned by Enzo Ferrari's son, Piero. The remaining 80 percent were distributed FCA shareholders.
As of February 2023, the largest shareholder is Exor N.V. with 24.4 percent. It's a Dutch holding company controlled by the Agnelli family. Following a record year in 2022 when it sold 13,221 cars, Ferrari overtook its former parent company Stellantis in value on the Milan stock market a few weeks ago. With the Prancing Horse doing better than ever and enjoying the newly gained independence, its CEO wishes to keep things as they are.
