Fiat buys back Ferrari stake

Fiat has bought back 28.7% of Ferrari that it had sold to Italian banks in 2002. Fiat had sold the stake when it was facing a cash crisis, but now its financial position is healthier. The company has sold a lot of non-car assets (it has traditionally been Italy's biggest conglomerate owning everything from a newspaper to train manufacturer), and the new Grande Punto is doing well, boosting the coffers.
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ATLFALCONFAN - 10/2/2006 2:51:19 PM

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How much does ferrari cost?

S4cabriofox - 10/2/2006 3:42:18 PM

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$2,587,291,006.43

Sauceboy01 - 10/2/2006 5:02:00 PM

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Put me down for two. thanks!

OBSERVER1984 - 10/3/2006 5:47:27 AM

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No really that's a good question!?!

According the financial experts how much does Ferrari costs with and without Formula 1 team!?!