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“#Agnelli heir reportedly eyed Armani tie-up to build luxury empire” John Elkann, scion of Italy’s Agnelli family, has been exploring a possible tie up with fashion designer Giorgio Armani as part of a plan to build a luxury conglomerate potentially anchored around Ferrari, five sources familiar with the matter told Reuters. Elkann, who chairs Franco-Italian car group…
“#Ferrari’s owner is taking a stake in Christian Louboutin” Italy’s billionaire Agnelli family, whose holdings include a controlling stake in Ferrari, is taking a stake in the Christian Louboutin shoe brand. The Agnellis’ firm Exor is paying $643 million for a 24-percent stake in Louboutin to grow its online business and help it expand into…
“#Ferrari CEO Louis Camilleri steps down after COVID-19 battle” Ferrari CEO Louis Camilleri has abruptly resigned after a bad case of the coronavirus reportedly landed him in the hospital. The Italian luxury automaker announced Thursday that Camilleri had decided to retire effective immediately for “personal reasons” after about two and a half years at the…
“#Ferrari stock soars as CEO says company has no plans to go electric” Ferrari’s shares are firing on all cylinders — and its cars will be guzzling gas for the foreseeable future. The Italian luxury automaker’s shares surged more than 7 percent Tuesday after it reported strong demand for its highly profitable sports cars such…
“#Interpol issues alert for Red Bull heir accused of killing Thai cop” Interpol has issued an urgent “red notice” for the arrest of the jet-setting heir of the Red Bull fortune — eight years after he was accused of killing a cop with his Ferrari in a coke-fueled crash, Thai police said Monday. The highest-level…
“#Ferrari Biopic Teams Hugh Jackman and Director Michael Mann” Michael Mann and Hugh Jackman are teaming up to tell the tale of one of the most influential people in the history of automobiles. Ferrari will be Mann’s first directorial effort since 2015’s Blackhat and is gearing up to begin pre-production as we speak. Jackman, meanwhile,…
“#Michael Mann’s ‘Ferrari’ Gets Into Gear With Hugh Jackman Replacing Christian Bale, Production Set to Start in 2021” Michael Mann‘s long-in-development Ferrari movie is finally shifting back into gear. More than five years after Mann’s biopic about the driver and businessman who founded the famed car manufacturer was first announced, STX has set a 2021 production start…