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How To Own A Share Of Ferrari – Act Quick!

Breaking: The Big Ferrari Sell Off.

FCA or Fiat Chrysler Automobiles are selling off Ferrari. Here’s your chance to own part of the iconic brand.

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Keep an eye out as it could be as early as this week. Ferrari will be listed on the New York Stock Exchange.

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And there’s more: Only 10% of its shares will actually be made available to the public, 80% goes to existing Fiat-Chrysler shareholders. Piero Ferrari keeps his 10%.

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The deal is expected to be worth a relatively small amount of approximately $500m.

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The spin-off is part of a capital-raising plan for FCA to fund its own ambitious 5 year plan. From now until 2018, Ferrari is planning to release a new model to the market every year, but, keeping production below 7,000 units.

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