Does the Ferrari Family Still Own the Company? An Update on Ferrari's Legacy

Discover the current status of the Ferrari family, including Piero Ferrari's role and influence in the iconic automotive brand today.

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Yes, the Ferrari family does still exist. Although Enzo Ferrari, who founded the iconic Ferrari brand in 1947, passed away in 1988, his legacy continues through his descendants. Piero Ferrari, Enzo's only living son, is a prominent figure in the automotive world and holds a significant stake in the company. He plays an active role in the ongoing success of Ferrari, ensuring the family's presence and influence within the company and the broader automotive industry remain strong today.

FAQs & Answers

  1. Who currently owns Ferrari? While Ferrari is a publicly traded company, Piero Ferrari, the son of founder Enzo Ferrari, remains a significant shareholder and influential figure within the company.
  2. Is the Ferrari family still involved in the company's operations? Yes, Piero Ferrari actively participates in the company, sustaining the family's legacy and influence in Ferrari's business decisions.
  3. What role did Enzo Ferrari's descendants play in the brand? Enzo Ferrari's descendants, especially his son Piero Ferrari, have maintained the family's presence in Ferrari, contributing to its continued success and heritage.
  4. How has Ferrari's ownership changed since its founding? Since its founding in 1947 by Enzo Ferrari, the company has transitioned into a publicly traded entity, but the Ferrari family still holds a key stake and influential role.

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