In addition, 10% of the shares of Ferrari will be "on the floor" securities while the remaining 10% remain in the ownership of Piero Ferrari - the son of the legendary Enzo Ferrari. Mr. Piero is also the vice president of the board of the Italian carmaker. Ferrari's shares on the New York Mercantile Exchange will bring interesting identifier: "RACE".
After separation, Ferrari will continue to put its headquarters in Maranello (Italy) as tradition while CEO Sergio Marchionne will continue to hold the responsibility to steer the business.
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