Actually not too uncommon for 90s era and on Ferraris. The steering column covers are not a great design, and you reach around kind of "blind" to find the ignition key slot. The fragile soft touch surface only adds to the problem. I know when I bought my F355 used with 27k miles, it had a surprising amount of damage there, considering how pristine the rest of the car was. It was the first thing I replaced with a new one.