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My name is Steven Wagers and I run the site. I'm a Journalism student and I'd love to hear what you have to say, so post a comment or send me an email (Wagers.Steven@gmail.com).

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Tuesday, November 16, 2010

Ferrari to hit the open market

Ferrari Badge. Photo credit
iphonepartyzone.com.
According to a report from topspeed.com Fiat, the current owners of Ferrari, are planning to sell part of the Ferrari because they are planning to spend the extra dough buying up some of Chrysler.

Still though, Fiat will in all likelihood remain majority owners of the 3.3 billion dollar automaker known for making supercars that look brilliant in red.

According to the report one of the companies that may be looking at buying some Ferrari stock is Volkswagen. Volkswagen already owns Bugatti, Lamborghini, and Bentley so why not go after some of Ferrari right?

Words by Steven Wagers

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