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Ferrari buys 50% of Maserati
October 1997

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Although it's a bit dated,  a news release from the Ferrari factory, dated June 3, 1997 announced that the Administrative Council of Ferrari S.p.A. has decided to invest in the equivalent of 50 per cent of the capital of Maserati. The remaining 50 percent continues to be held by Fiat Auto.

The release stated that Ferrari will handle the operations side of Maserati while maintaining completely separate identities for the two marques as announced earlier in the year. The release went on to say that Ferrari's technical and commercial skills in dealing with high technology prestige cars, will help contribute to "the relaunch of the prestigious Maserati marque".

Now that formal equity announcement is probably enough to make a few people turn in their graves. It was one thing to be owned by Fiat Auto and partly managed by Ferrari, but quite another to be half-owned by Ferrari.  The Maserati brothers were of course fierce competitors with Enzo Ferrari during his early days with Alfa Romeo and Scuderia Ferrari in the 1930's and of course as was the company from the late 40's after Enzo had established Ferrari.

One bright light on the horizon for those with an interest in Maserati's racing origins is the news that Maserati is likely to go racing again. The betting appears to be on Maserati holding up its end in the Sports Car category as other members of the Fiat Auto group are already in F1 (Ferrari), Rallying (Lancia) and Touring Car Racing (Alfa Romeo). I guess we will just have to wait and see!

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