Italy’s Agnelli family holding company, Exor, said it planned to sell a 4 per cent stake in luxury sports car group Ferrari to pursue new acquisitions and launch a share buyback. Exor’s net asset value peaked at about €42bn last year with Ferrari contributing about half of the amount.

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Exor NV is offering a 4% stake in luxury carmaker Ferrari NV.

TWG Motorsports owns various racing properties that include Cadillac F1, Andretti Global, Spire Motorsports, Wayne Taylor Racing and Walkinshaw Andretti United. TWG Motorsports will be run by CEO Dan Towriss.

Lewis Hamilton began his highly anticipated Ferrari career in January, and ESPN goes inside his first days working for F1's famed Italian marque.

The new 12Cilindri Spider adds the allure of open-top motoring to better appreciate the unique roar of Ferrari's modern V12 engines, all without ruining the sharp style.

The group that owns Cadillac Formula 1 officially launched TWG Motorsports on Tuesday as the division responsible for its rapidly growing motorsports portfolio.

Reports of the V12's death may have been premature, if the glorious Ferrari 12 Cilindri Spider is anything to go by. But is it better than the coupe?

The group that owns Cadillac Formula 1 officially launched TWG Motorsports on Tuesday as the division responsible for its rapidly growing motorsports portfolio.

Helmut Marko, consultant to the Red Bull F1 team, warns the grid not to dismiss the potential impact of Lewis Hamilton at Ferrari in the 2025 season. Marko has

Exor, the holding company of Italy's Agnelli family, said on Wednesday it had kicked off the sale of a stake worth approximately 4% in Ferrari from which it expects to raise around 3 billion euros ($3.