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Subscribe to this threadHow will Fiat's purchase affect Ferrari?
(Page 1 of 1)
Steven Diver @ Dec 18th 2005 11:02PM
If I were Ferrari I'd be worried about an IPO. That just spells disaster. How are they then going to justify spending half a billion dollars per year on Formula One racing to investors who would see that as higher stock prices? Sure, it would be a great way to raise money for their F1 program initally. But as we saw with Jaguar F1, running an F1 team via a board of directors interested in the bottom line doesn't work. It would hurt Ferrari in the long run.