Piero Ferrari comments on stockmarket floatation

By Lorenzo Gotti
May 17 2002

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“The decision to float Ferrari SpA represents a further confirmation of the Company’s great achievements in both the commercial and racing sectors, as well as a clear sign that we have already begun to see the benefits of Maserati’s relaunch and development.”

“I have always shared Luca di Montezemolo’s committment and enthusiasm and I strongly believe in the future success of both brands. Therefore I have no intention of reducing my Family’s share in Ferrari SpA. This decision represents not only my desire for the Ferrari family to maintain a presence in the company, but also testifies to the high regard in which I hold the industrial, commercial and racing development projects of Ferrari-Maserati. It is also based on my dedication to a company which represents both the world of luxury and the most innovative and advanced technology.”

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