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04/29/2008, 5:13 PM

Ferrari News

Piero Ferrari and two others to invest in Pininfarina

Pininfarina, the Italian design and engineering firm, has announced that Piero Ferrari — the son of Ferrari founder Enzo Ferrari — along with two other Italian investors will be buying a stake in the company. Earlier this week, India’s Tata Motors and French industrial group Bollore announced that they would be taking a minority stake in Pininfarina.

In addition to Piero Ferrari, Alberto Bombassei — chairman of Brembo — and the Marsiaj family — founders of seatbelt maker Sabelt — will also be investing in Pininfarina, says Reuters.

Pininfarina is planning to raise 100 million euros in capital by mid-year in order to bring the firm out of a financial tailspin.

Part of the proceeds will be used to bring the Sintesi Concept from a show car to a production model.

 
 

04/29, 8:48 PM

posted by:

400horseSS

Most Italian cars I see look like ****, especially the new Ferrari’s.

04/29, 8:55 PM

posted by:

howsmydriving

Everybody’s doin’ it, doin’ it, doin’ it
Cross-pollinatin’ and lovin’ it, lovin’ it, lovin’ it.

04/29, 9:18 PM

posted by:

Veda

I gotta admit other than the Enzo and the F430 the rest of the Ferrari lineup looks ****ty…

04/29, 10:48 PM

posted by:

FordTaurusForever

No Italian make pretty good cars and I think this design proves it :)

04/30, 11:44 AM

posted by:

shaver

Living on past glory

 
 
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