A new era begins today for Ferrari, since Fiat Chrysler Automobiles announced that the shares of the Scuderia are now offered in a public offering. It is the first step towards the secession of Ferrari from the FCA group. The plan that has been submitted to the US Securities and Exchange Commission states that the 9% of stake in Ferrari (17,175,000 shares) will go out to public offer, with each stock costing between $48 and $52, while the remaining 1% stake (1,717,150 shares) will be offered to underwriters of the public offering. This means that Ferrari was valued at €8.65 billion.
The 80% of the shares of the company, will be distributed to shareholders of the FCA, with the remaining 10% being held by Piero Ferrari. As already announced, Ferrari will be renamed to Ferrari NV, under the spin-off, of its operations from the formerly parent company Fiat Chrysler Automobiles.
