Archive for the ‘Automobile’ Category

Jan

Drifting Rally Car Video – Ken Block and Ford Split After 11-Year Partnership

After over a decade of racing, Gymkhana videos, and one-off drift builds, Ken Block’s partnership with Ford is coming to an end.

Ken Block, the 53-year old rally car driver turned Gymkhana drift master, announced he and Ford are parting ways for 2021. The driver is now a “free agent,” according to Hoonigan.

“It’s simply been a dream come true to work with the company that built the truck that my Dad drove when I was a teenager,” Block said in a release. “I’m super appreciative to Ford for the support over the years, but I am also looking forward to … More

Stoked News

Jan

Video – Who Owns Ferrari in 2021 and in the Past?

Since 2016, Ferrari has been a publicly-traded company that is listed on the New York Stock Exchange under the ticker symbol “RACE”. Here is the update to who owns Ferrari in 2021:

Institutional investors own 59% of the company.
The largest shareholder, with 24% of shares outstanding, is EXOR NV, Asset Management Arm (owners of Fiat Crysler Automobiles.
Piero Ferrari is the second-largest shareholder holding 10% of the shares
T. Rowe Price Group, Inc is the third-largest shareholder owning 4.7%
The general public owns … More

Ferrari debuts on Wall Street – On 21 October, 2015 at 9.30 ED, flanked by FCA Chairman John Elkann and a group of Prancing Horse executives, Ferrari Chairman Sergio Marchionne rang the opening bell at the NYSE which traditionally marks the start of trading on the floor of what is considered the world’s leading stock exchange. Ferrari N.V. has chosen RACE as its ticker symbol for the listing.