Put your income away, people. Ferrari Chairman Luca di Montezemolo has told a German journal his association will not be starting open anytime soon, saying, “No, there is zero upon a agenda,” according to Automotive News Europe. According to a executive, Ferrari primogenitor association Fiat doesn’t need a money which would be generated by an IPO, as well as which whilst he can’t know what will occur in a far away future, right right away a automaker will go upon with commercial operation as usual.
Rumor of a Ferrari IPO initial strike a internet behind in Sep after sources told Reuters which Fiat had been approached by mixed investment banks charity to list a outlandish Italian supercar manufacturer upon a Hong Kong batch exchange.
This isn’t a initial time word of a Ferrari IPO has strike a web. Long prior to Fiat paid for Chrysler, rumors churned around over a probability of an undisguised sale or a open charity to drum up cash. Then, a small over a year ago, Montezemolo undisguised denied a skeleton all together after a dirt settled.