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Ferrari S.p.A.

Discussion in 'Ferrari Discussion (not model specific)' started by Red 328 GTS, Mar 9, 2010.

  1. Red 328 GTS

    Red 328 GTS Formula Junior

    Aug 27, 2007
    888
    Sydney, Australia
    Please forgive my ignorance but what does the S.p.A. stand for in Ferrari S.p.A.?
    Thanks,

    Bob.
     
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  3. mseals

    mseals Two Time F1 World Champ
    Lifetime Rossa Owner

    Sep 9, 2007
    24,468
    Kuwait
    Full Name:
    Mike Seals
    S.p.A. is an abbreviation for Societa per Azioni (Italian).

    It is the equivalent of Ltd and PLC in the UK, and of Inc. in the United States.

    Mike
     
  4. Red 328 GTS

    Red 328 GTS Formula Junior

    Aug 27, 2007
    888
    Sydney, Australia
    Many Thanks.............

    Bob.
     
  5. oss117

    oss117 F1 Rookie

    Jan 26, 2006
    4,043
    Plantation, Florida
    Full Name:
    Alfredo
    Societa` per Azioni really means the Company Stock is traded to the public.
     
  6. mseals

    mseals Two Time F1 World Champ
    Lifetime Rossa Owner

    Sep 9, 2007
    24,468
    Kuwait
    Full Name:
    Mike Seals
    Ohhh... that would be great, to own a share in Ferrari... is it open to "The Public" or only to the "Italian Public"?

    Mike
     
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  8. subirg

    subirg F1 Rookie

    Dec 19, 2003
    3,732
    Cheshire
    Ferrari is owned by Fiat. So you would have to buy stock in Fiat to 'own' a part of Ferrari. Suddenly doesn't seem like such an appealing idea does it?!
     
  9. AceMaster

    AceMaster Three Time F1 World Champ

    Feb 6, 2009
    31,039
    Calling a penalty
    Full Name:
    Mike
    Good explanation Mike, thanks.
     
  10. AceMaster

    AceMaster Three Time F1 World Champ

    Feb 6, 2009
    31,039
    Calling a penalty
    Full Name:
    Mike
    Well, now that you put it that way....
     
  11. 410SA

    410SA F1 Veteran

    Nov 2, 2003
    8,391
    West Coast
    Full Name:
    A
    #9 410SA, Mar 9, 2010
    Last edited: Mar 9, 2010
    Ferrari is owned by Fiat's industrial holding company which is a very separate entity from Fiat Automotive which owns the other brands like Fiat, Lancia , Maserati and Alfa Romeo.
    The industrial holding company is in OK shape and has many varied interests including publishing, real estate etc
    The company Generated nearly 60 billion euros in revenue in 2008 and over $4 billion euros in profit.

    http://www.fiatgroup.com/en-us/sectors/pages/Default.aspx
     
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  13. opus10583

    opus10583 Formula 3

    Dec 3, 2003
    1,764
    Westchester, NY
    Full Name:
    Mark
    While I applaud your patience in reiterating this oft ignored reality, sadly it is distinction without a difference of late.
     

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