In June 2002 Fiat sold 34% of Ferrari to a Mediobanca-led consortium of banks for €775.2 millions. The consortium comprised Commerzbank (who got a 10% stake for €228 millions), Banca Popolare dell’Emilia Romagna (1.5%) and Compagnie Monégasque de Banque (1%). Mediobanca retained a 21.5% stake. In July 2005 Mediobanca sold 5% of Ferrari to Mubadala Development Company, an investment company wholly owned by the Government of Abu Dhabi. The deal saw Mubadala pay €114 million to purchase the five percent stake.
In October 2006 Fiat bought back the 29% stake still owned by the consortium, paying €892 millions. At the time of the transaction, Mediobanca owned a 11.7% stake, Commerzbank the 8.5%, ABN AMRO the 7,5% and Banca Popolare dell’Emilia Romagna the 1,3%.
In November 2010 Fiat paid €122 million to buy back the last 5% stake owned by Mubadala Development. With this transaction, Fiat’s stake in the luxury Italian car maker returned back to 90%.
In October 2014 Fiat Chrysler Automobiles announced its intentions to separate Ferrari from FCA; as of the announcement FCA owned 90% of Ferrari. The separation began in October 2015 with a restructuring that established Ferrari N.V. as the new holding company of the Ferrari group and the subsequent sale by FCA of a 10% of the shares in an IPO and concurrent listing of common shares on the New York Stock Exchange. Through the remainings steps of the separation, FCA’s interest in Ferrari’s business was distributed to shareholders of FCA, with a 10% continuing to be owned by Piero Ferrari. The spin-off was completed on January 3, 2016.
Ferrari 360 Spider (2000)
The 360 Spider is Ferrari’s 20th road-going convertible and is a record breaker in two quite different ways. It was also the best spider ever built at Maranello pre-2000 in terms of its technical content, styling and performance.
In fact, this was the most technologically advanced spider in the world at the time of its launch thanks to the exclusive transfer of features derived directly from Ferrari’s experiences on the Formula 1 track.
Ferrari 550 Barchetta Pininfarina (2000)
Unveiled at the Paris Show in 2000, the 550 Barchetta Pininfarina was so named to commemorate the 70th anniversary of Ferrari’s coachbuilder and stylist. A strictly limited edition of just 448 numbered cars was built, with the last leaving the factory in December 2001.
A pure and functional front-engined V12 roadster in the tradition of cars like the 166 MM, the 550 Barchetta Pininfarina was equipped with a manual soft top for emergency use only. This simple expedient helped to keep the car’s kerb weight down to that of the coupé, despite the additional strengthening of the chassis.
Ferrari 360 Challenge (2000)
Ferrari’s GT cars have always been highly competitive in the hands of privateers, and their racing achievements have played a fundamental role in the company’s motor sport history. That’s why the Ferrari Challenge one-make racing series was created – it was Ferrari’s way of getting owners of its road-going GT cars back on the track.
The idea for a specific competition for the 8-cylinder cars first became reality back in 1993 with the 348 Berlinetta.
In 1995 it was the turn of the F355, thanks to a special kit developed in-house by Ferrari. The 2000 season saw the debut of the 400-bhp, V8-engined 360 Modena Challenge alongside the F355. The 360 Modena maintains the same output (400 bhp @ 8,500 rpm) as the standard road car, but incorporates a number of modifications designed to radically improve its performance in track use.
Ferrari 575M Maranello (2002)
The 575M Maranello represents the very pinnacle of the Ferrari front-engined sports berlinetta concept in terms of technology and performance. In fact, the 2002 launch of the 575M Maranello signals a whole new level of achievement for one of Ferrari’s most traditional layouts – the V12 front-engined rear-wheel drive berlinetta.
As with all Ferraris, the heart of this model is the engine, in which the 575 is an abbreviation of the larger 5,750 cc effective displacement which has resulted in a subsequent increase in power and torque, long the marque’s main development goals. In characteristic Ferrari terminology, the M stands for “modified,” meaning that all round performance has been improved. Overall performance in particular has been worked on, backed up by more advanced vehicle dynamics and the introduction of the F1-style gear change in a road-going Ferrari V12 for the very first time.
Ferrari Enzo Ferrari (2002)
Over the years Ferrari has introduced a series of supercars which have represented the very pinnacle of the company’s technological achievements transferred to its road cars. These include the GTO, F40 and F50.
This family of extreme performance cars was joined in 2002 by the Enzo Ferrari, which was the expression of the latest Formula 1 technology and know-how.
Just 400 examples were built of the Enzo, which featured advanced composite bodywork and a carbon-fibre and aluminium honeycomb sandwich chassis and was equipped with a 5998cc 65° V12 producing 660hp. The car boasted extremely advanced aerodynamics of clear F1 inspiration, with downforce that reached a maximum of 775 kg at 300 km/h, and that then gradually decreased to 585 kg at its maximum speed of 350 km/h.
Ferrari 360 GT (2002)
With the launch of the 360 Modena Challenge in 2000, the level of competitiveness of the Ferrari Challenge series took a huge step forward.
Along with the F50, the 360 Modena was instrumental in pushing the boundaries of road-car production ever closer to the company’s racing roots, with uncompromising engineering and, in particular, levels of aerodynamic development previously unheard of on a series production car.
Early development work on the Challenge version of the car was extremely promising, with the 360 proving lighter, faster and sharper-handling than the outgoing F355.
Ferrari Challenge Stradale (2003)
The Challenge Stradale lines up alongside the 360 Modena and 360 Spider with the precise aim of providing drivers the performances that only a true racing car for road use can provide. The experiences coming from the Ferrari Challenge International Championships and the FIA GT races, have allowed Ferrari technicians to develop solutions that make the Challenge Stradale really unique.
This strong link to racing is underlined not only by a significant weight reduction, but also by its engine set up, aerodynamics, braking system and F1 style gearbox.
Ferrari 575 GTC (2003)
The 575 GTC was developed by the Ferrari Corse Clienti department in collaboration with N.Technology to make the most of the original 575 M Maranello car s strong points. It has been adapted to meet the demands of the race track while complying to the specific regulations such as the widening of its track. The 575 GTC Evo 2005 also features modified air intakes on the bonnet to improve internal air flow.
Ferrari 612 Scaglietti (2004)
The 612 Scaglietti is the result of an avant-garde design that continues the great Ferrari 2+2 tradition in fabulous style. Penned by Pininfarina, the 612 Scaglietti is named in honour of Sergio Scaglietti, the legendary Modenese stylist and coachbuilder responsible for bodying some of the most beautiful Ferraris of the 1950s and 60s.
The 612 Scaglietti epitomises Ferrari’s talent for innovation and design. This thrillingly nimble, beautifully balanced sporty front-engined rear-wheel drive berlinetta offers a cabin capable of accommodating four occupants in unprecedented comfort, thanks to a host of accessories and a fantastic specification.
The 612 Scaglietti isn’t just another 2+2 but a sumptuous, roomy two-door four-seater that’s a pleasure to be aboard regardless of driving conditions.
Masterfully styled by Pininfarina, its good looks are as innovative as the design of the 612 Scaglietti, and exude dynamism and power. The result is an imposing car, with a long sleek bonnet, strong lines and signature scooped flanks borrowed from the famous Rossellini-Bergman 37 MM. The cabin can be completely personalised to the Client’s taste, and features high-tech aluminium elements and handcrafted full-grain leather trim.
Ferrari 360 GTC (2004)
The car was developed by the Corse Clienti department in Maranello in collaboration with Michelotto Automobili and sports the latest technology tested with great success in the previous 360 GT. Compared to its predecessor the 360 GTC has substantially different aerodynamics: research in the wind tunnel lead to a different position of the car’s rear wing, with a significant improvement in downforce.
The 360 GTC weighs 1,100 kg, which is the minimum required by the regulations. This is the result of the use of composite material as far as the bodywork is concerned. While maintaining the strength of the original parts, the weight could be decreased significantly.
Ferrari Superamerica (2005)
The Ferrari Superamerica combines stunning Ferrari 12-cylinder berlinetta performance with a highly original, innovative take on the ever-versatile convertible. The Superamerica is also the very first production car to adopt an innovative rotating roof incorporating electrochromic technology developed exclusively for large glass surfaces, which transforms it from a coupé to a convertible in just a few seconds.
The result is a car that combines all of the prestige and allure of a drop-top with the functional advantages of a coupé. Derived from the 575M Maranello, the Superamerica is available with either an F1-style or manual gearbox, and is fitted with the latest development of the classic V12 engine which now delivers an impressive 540 hp. Thanks to its super-smooth electric rotating roof, the Superamerica is also the world’s fastest convertible berlinetta with a top speed of 199 mph.The exclusive and unmistakably Pininfarina-designed Superamerica is named after a very famous series of limited edition 12-cylinder models built by Ferrari between 1956 and 1961. In line with this illustrious past, the new Superamerica is also a limited edition car.
Ferrari F430 Spider (2005)
The F430 Spider joins the F430 as the latest addition to the new generation of Ferrari V8-engined sports cars. The F430 Spider’s innovative aerodynamics, honed to generate dynamic air flows to increase down-force and improve cooling, and the F1 gearbox featuring upgraded software, are just two examples of how Ferrari’s technological excellence has been transferred from the track to road.
The F430 Spider’s all-aluminium bodywork and chassis have also been carefully strengthened, to guarantee both occupant safety and the structural rigidity demanded by a car of such high performance.
Two very robust steel roll-bars are integrated into the windshield structure to guarantee maximum occupant protection. The electric hood is fully automatic and folds away under its own flush-fitting tonneau cover, allowing Ferrari engineers to hone the aerodynamics of the car with the hood down.
Created by Pininfarina, the F430 Spider is inspired by the car’s exceptional engineering and Formula 1. The nose, which is characterised by two distinctive air intakes, draws inspiration from the Ferrari 156 F1 that Phil Hill drove to his F1 World Championship title in 1961. The Enzo Ferrari was the inspiration for much of the rear styling of the new F430 Spider, and the Ferrari meticulous aerodynamic detailing is reflected in the design of the nolder incorporated into the engine cover and the new rear diffuser integrated into the bumper, which boasts race-derived dimensions.
Extreme care has also been lavished on designing the exterior details. The wing mirrors now have specially profiled twin mounting arms that channel air flows to the engine intakes, and the F430 name has been embossed on the back of the driver’s side mirror. Even the finish of the engine bay is a work of art in terms of its distinctive shape and materials.
Ferrari FXX (2005)
The FXX is the fruit of Ferrari’s know-how in building special limited-series sports cars combined with, of course, its racing experience. It will provide the basic framework on which the specifics of future extreme models will be worked out. The exceptionally powerful FXX delivers absolutely blistering performance on all fronts.
The FXX has not been homologated for road use and thus will not be a competition model. It will be used exclusively on the track as part of a specific ongoing research and development programme featuring this first ever group of Client Test Drivers.
The FXX is powered by an imposing 6,262 cc V12 engine that can punch out over 800 hp at 8,500 rpm. Its gearbox is the result of the transfer of F1 strategies, delivering gear change times of under 100 ms. This is almost as fast as the F1 single-seaters, themselves the absolute pinnacle of current technological achievement.The FXX’s aerodynamic design is particularly innovative too as it has resulted in a shape that produces 40% higher downforce than ever achieved before. It is also possible to adjust the FXX’s mobile spoiler configuration to suit the specific circuit.
Ferrari 599 GTB Fiorano (2006)
The Ferrari 599 GTB Fiorano was designed with several specific objectives in mind: to increase driving pleasure, to guarantee performance (courtesy of technology transfers from the F1 single-seaters), and to ensure comfort, ergonomics and safety. The new Ferrari 599 GTB Fiorano sprints from 0 to 100 km/h in 3.7 seconds and has a top speed in excess of 330 km/h. The car takes its name from the Fiorano circuit Ferrari uses to hone the performance of its track and road cars. ‘GTB’ stands for Gran Turismo Berlinetta, after the most famous Ferrari berlinettas ever built, and ’599′ is the displacement of the V12 engine divided by 10.
With the Ferrari 599 GTB Fiorano, Pininfarina designers wanted to explore wholly innovative lines. As ever, this was not an isolated process, but took place alongside optimisation of the car’s exterior aerodynamics, which were designed to deliver cutting-edge down-force figures. The cabin too was given an original aerodynamic design. The wraparound rear window is hugged by two flying buttresses, which channel air towards the nolder, adding a highly original (yet functional) twist. When it came to the rear of the car, it seemed time to depart from the now signature circular quad rear lights and low-fixed licence plate.
Ferrari F430 GTC (2006)
The 2006 season brought the debut of the stunning Ferrari F430 GTC which was developed by the Corse Clienti department in Maranello in collaboration with Michelotto Automobili. Derived from the excellent F430 road-going berlinetta, the car continues has dominated its category since its debut.
Its major wins have included the FIA GT2 Manufacturers’ Cup and Drivers’ titles in both 2006 and 2007, the Drivers’ title again in 2008 in the same championship, the Manufacturers’ title in the American Le Mans GT2 Series in 2007, and the GT category in the 2008 Le Mans 24 Hour Race.
Ferrari F430 Challenge (2006)
The F430 Challenge, the 8-cylinder berlinetta-derived competition car that will be taking part in the Ferrari Challenge Trofeo Pirelli from the 2006 season. Ferrari has also reaffirmed the strong link between its GT and sporting divisions with the new F430 Challenge which is specifically designed to meet the expectations of its sportier clients.
The F430 Challenge retains the same general look and 490 hp engine as the road-going version. However, it also incorporates a large number of significant track-oriented modifications and a host of new features not seen in the car currently used in the series, the 360 Challenge, which it joins on the track next season and completely replaces in 2007.
Ferrari 430 Scuderia (2007)
Michael Schumacher spent a lot of time testing the 430 Scuderia when it was being developed, carefully applying the method that made him unique on the racetrack for many years. All the ingredients were there: a light and powerful car, comfortable and ergonomic, with an incredible weight/power ratio; ground-effect aerodynamics, which makes the car more effective, at higher speeds; powerful quick-response braking guaranteed by callipers and carbo-ceramic discs, and in particular the manettino mounted on the steering wheel that allows the driver to adjust the car set-up according to the driver’s requirements. During his racing career, the seventimes World Champion’s work on the manettino and steering wheel-mounted controls, in close association with the engineers and electricians, was one of the reasons for his extraordinary success on the racing track. Schumacher’s suggestions have also had a profound infl uence in the development of Ferrari Formula 1 steering wheels in recent years.
Lightweight, simple and striking, with a distinctive engine and exhaust sound: every last detail of the Ferrari 430 Scuderia exudes uncompromising sportiness, born of its close links to the world of racing, a world reflected in its very name. Seven-times World Champion, Michael Schumacher, was also involved in the car’s development – and now the most advanced single-seater ever built is available to Ferrari’s most passionate Clients.
Ferrari Scuderia Spider 16M (2008)
Celebrating the win of the 2008 formula 1 constructor’s world title this car bears the name Scuderia Spider 16M.
The Scuderia Spider 16M is the drop top 8-cylinder rear engine sports car. The Scuderia Spider 16M combines the 430 Scuderia’s innovative content with the pleasure of driving the open F430 Spider.
The Scuderia Spider 16M is a special limited series of just 499 unique cars, dedicated to the most passionate clients, who recognize its virtue and its exclusivity.
The Scuderia Spider 16M joins the actual 8-cylinder mid-rear engine models.
Ferrari 458 Italia (2009)
The success being enjoyed by the 458 Italia with both critics and public alike crosses all borders– it has won awards in a host of different nations from the USA to the Far East and Europe. In the US, the mid-rear V8 was named “World Performance Car of the Year”. It was also named “Car of the Year” by the Robb Report and topped the New York Times rankings.
On the other side of the Atlantic, the discerning British motoring media proved equally enthusiastic. In fact, the 458 Italia scooped both BBC Top Gear Magazine’s “Supercar of the Year” and “Car of the Year Awards”. Staying in Britain, CAR magazine also named the 458 Italia “Performance Car of the Year 2010”, as did Auto Express and What Car.
The 458 Italia also enjoyed an enthusiastic welcome from the German and Italian public with the result that it voted “Sports Car of the Year” by the highly reputable Auto Moto und Sport and Quattroruote magazines.
Continuing around the world, the authoritative Car Middle East magazine declared the 458 Italia both “Car of the Year” and “Supercar of the Year” also. In China, Top Gear, Auto Moto und Sport, Robb Report and the popular X-Car website all named it “Car of the Year”.
Lastly, in Japan, the 458 Italia was Engine’s “Best Car of the Year”, proving that the Ferrari’s extreme sportiness has a genuinely worldwide appeal.
Ferrari 599 GTO (2010)
This limited edition special series of just 599 is the new pinnacle of Prancing Horse sportiness and has benefited to an enormous degree from technological transfers from the track. Many of the cutting-edge solutions sported by the 599 GTO are also the product of the Maranello engineers’ experience in the development of the 599XX, the prototype experimental car of which, as its legendary moniker suggests, the 599 GTO is the road-homologated version.
One of the most significant innovations on the 599 GTO is the close correlation between the chassis set-up, which is close to the handling limit, and the input from the electronic controls which are developed to increase overall levels of performance.
Since the very earliest states of the two cars’ development, Maranello’s engineers worked to ensure that these two areas of the car would be seamlessly integrated thus pushing responsiveness to the limit. The result is, of course, superlative driving involvement as well as faster lap times.
The extreme V12 berlinetta developed to a specific performance-oriented brief. The 599 GTO is, in fact, the company’s fastest ever road car. It is an exclusive limited edition special which, in true Ferrari tradition, is a completely new concept, albeit inspired by a production car. In fact the 599 GTO is based on the 599XX, the advanced experimental track car, and can be considered almost a road-going version.
The 599 GTO is reserved for just 599 clients who seek the maximum expression of high-performance driving. The 599 GTO benefits directly from the technological transfer from racing and set a record lap time at Fiorano in 1’24”.
Ferrari 599XX (2010)
The 599XX incorporates the most advanced technological solutions, resulting from Ferrari’s road-going and F1 research. Many are being used for the first time, and have been developed exclusively for this special car. While based on the 599 GTB Fiorano ,with the same transaxle layout and engine type, this prototype is an extreme track car.
Ferrari’s engineers have carried out extensive work on the engine’s combustion chambers and inlet and exhaust tracts. The 599XX is characterised by an innovative electronic concept called the ‘High Performance Dynamic Concept’, which has been designed to get maximum performance from the car by managing the combination of the car’s mechanical limits with the potential of its electronic controls.
Ferrari SA Aperta (2010)
Announced at the Paris International Motor Show 2010. This is a special series model of which a strictly limited number of just 80 will be built. All have already been sold. Ferrari chose to build 80 SA Apertas in celebration of Pininfarina’s 80th anniversary. The SA nomenclature also pays homage to both Sergio and Andrea Pininfarina whose company and work have been linked to the most successful road-going cars ever built at Maranello.
The SA APERTA is a true roadster which allows its occupants to enjoy the superlative emotions afforded by our signature front-engined V12 architecture in a completely open-top setting. In fact, it has just a light soft top designed to be resorted to only if the weather gets particularly bad. A low-slung windscreen and the fact that it crouches lower to the ground than our other models lend the SA APERTA an exceptionally aerodynamic sleekness. Its profile arches back from the A-post to two aerodynamic fins beautifully integrating the two roll-bars which themselves cleverly mimic the outline of the seats.
The chassis has been redesigned to deliver a standard of stiffness comparable to that of a closed berlinetta and there is a negligible weight difference also, thanks to work done on the chassis structure.
Thanks to the 670 CV engine beneath its bonnet, the SA APERTA beautifully embodies the sporty spirit of the 599, incorporating Ferrari’s most advanced technology to deliver absolutely benchmark performance and superb driving pleasure. Its interior too is stylishly sporty with particularly sophisticated materials, trim and colours used throughout. The virtually endless combinations available guarantee that each and every SA APERTA is absolutely unique.
Ferrari is delighted to announce the presentation of the SA APERTA at the Paris International Motor Show 2010. This is a special series model of which a strictly limited number of just 80 will be built. All have already been sold. Ferrari chose to build 80 SA Apertas in celebration of Pininfarina’s 80th anniversary. The SA nomenclature also pays homage to both Sergio and Andrea Pininfarina whose company and work have been linked to the most successful road-going cars ever built at Maranello.
Ferrari 458 Challenge (2010)
Following in the footsteps of the 348, the 355, the 360 and the F430, the 458 Challenge is the fifth model fielded by Ferrari for the one-make Ferrari Challenge Trofeo Pirelli championship it organises for its sportier clients.
The new 4499 cc V8 is the first Ferrari direct injection engine to be mid-rear-mounted. Compared to the 458 Italia, the direct injection 4499 cc V8 remains strictly in production tune, with an output of 570 hp at 9,000 rpm. That said, modifications have been made to the gear ratios and calibration of its dual-clutch F1 gearbox to guarantee higher torque at lower revs. The 458 Challenge is also equipped with the E-Diff electronic differential already employed on the road-going version, a first for Ferrari’s track-only cars.
Ferrari 458 Spider (2011)
The 458 Spider is the first car ever to combine a mid-rear engine with a retractable folding hard top that delivers both unprecedented in-cabin comfort when closed and unparalleled Spider performance.
A story that changes with the times but which also continues a glorious tradition founded in great part on fabulous open-top cars designed for hot sunny days: Spiders, Cabriolets and Barchettas.
All cars that are spectacularly wonderful to drive because having just the open sky above you as you grip the wheel has a unique and truly unforgettable emotional impact: hearing the engine’s soundtrack, feeling the car’s speed, having the perfumes of the world swirl around you.
The Ferrari 458 Spider offers a whole new set of emotions and adds a genuine sense of sportiness and power to weekend trips à deux.
A clever mix of sounds supplied by the car’s 570 horse power incorporates just the right notes, turning it into music to your ears: music that acts as a brilliant soundtrack not only to the pleasure of driving a Prancing Horse car but in-car chat.
Ferrari Ferrari California 30 (2012)
The California’s V8 now punches out a maximum of 490 hp with maximum torque climbing to 505 Nm at 5000 rpm, thanks to new exhaust manifolds and engine mapping. Its torque curve has also been modified and is higher across the engine’s generous rev range too.
Cutting-edge aluminium fabrication technviques and construction technologies used by the Scaglietti Centre of Excellence in the manufavcture of the California’s chassis, have also led to an overall ttreduction of 30 kg in the car’s weight without impinging in any way on its structural rigidity or performance. The abovementioned factors have also directly benefited the Ferrari’s California’s performance, reducing its 0-100 km/acceleration time to 3.8 seconds.
This heightens its sporty feel without detracting from the character of a car that has won universal acclaim for its seamless melding of performance and the exceptional versatility resulting from its retractable hard top (RHT) and 2+ configuration.