Join Date: Jan 2013
Location: Saratoga Springs NY
Ferrari Life Posts: 1,007
Fabio, is that you? I have a little trouble translating about Luca, but here is what I posted on the "other" site two days ago:
Now we see confirmation of the "Sweater's" real reason for the Ferrari spin-off. Marchione had FIATChrysler lay on Ferrari N.V. debt amounting to billions of Euros for FIAT's benefit; so Ferrari N.V. has to take on 2.5 billion Euros of corporate debt to pay off its loving former parent's loan. New Ferrari shareholders take on that burden. I wouldn't go near the shares of the Company, its legend and its automobiles that I've loved for over sixty years.
575M F1, Maserati Spyder, Cadillac STS-V & CTS
past: 330/365GTC speciale, F355b, 412GT, 400iA, 308GT4 2+2, 330GT 2+2, Porsche 356b Super 90, BMW 1800ti
what do I know? I drive blue Ferraris