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I'd rather take stake in Ferrari than Stellantis-Giorgetti

Minister ironic on State 'entry' into Italo-French carmaker

Redazione Ansa

(ANSA) - ROME, FEB 2 - Economy Minister Giancarlo Giorgetti said FRiday he would rather take out a stake in Ferrari than Stellantis amid talk of the Italian State taking a chunk of the Italo-Franco-American carmaker amid Italian plant closure fears in the absence of subsidies for electric cars.
    "The State in Stellantis? I'd go into Ferrari instead", Giorgetti said.
    Ferrari surged almost 10% on the Milan stock exchange Thursday on record profits and seven-time F1 world champ Lewis Hamilton joining its motor racing unit. (ANSA).
   

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