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David Rosenthal

๐Ÿ‘ค Speaker
38677 total appearances
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Appearances Over Time

Podcast Appearances

Acquired
Ferrari

Really, at the end of the day, though, there's only one.

Acquired
Ferrari

correct buyer for Ferrari.

Acquired
Ferrari

And it's Gianni Agnelli and the Fiat Empire.

Acquired
Ferrari

So in 1969, Enzo strikes a deal with Gianni to sell 50% of Ferrari to Fiat immediately there in 1969.

Acquired
Ferrari

With a secret agreement that triggered upon Enzo's death, which again he thinks is imminent, Fiat will acquire another 40%, taking their stake to 90%.

Acquired
Ferrari

And 10% of the company will transfer to Piero.

Acquired
Ferrari

Once Enzo dies, his plan is to, as much as he can, legitimize Piero, give him the Ferrari name and give him a 10% stake in the company so that the bloodline, to some extent, as much as it possibly can in that time and place, will continue.

Acquired
Ferrari

And part of the deal with Fiat, just like he wanted with Ford, is that Fiat, you can take control of the road car business, but I'm going to retain final authority over racing.

Acquired
Ferrari

You know, I know that my end is near and I want to spend...

Acquired
Ferrari

my last days on this earth doing what I love, which is running the racing team.

Acquired
Ferrari

Well, he lives to launch the F40, which is the last car that Enzo launches.

Acquired
Ferrari

Car company and family in the Agnelli's.

Acquired
Ferrari

Well, all of this just underscores the most critical point here.

Acquired
Ferrari

I think this is probably the moment in history where the false legend that Enzo only cared about racing and wasn't a real entrepreneur emerges from.