Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Luca di Montezemolo

๐Ÿ‘ค Speaker
1553 total appearances

Appearances Over Time

Podcast Appearances

Acquired
Ferrari

Like maybe that was a little bit too easy.

Acquired
Ferrari

The agreement that is drafted and hits Enzo's desk.

Acquired
Ferrari

I mean, think about what could have been.

Acquired
Ferrari

This is the craziest pitch.

Acquired
Ferrari

There are two companies that are formed.

Acquired
Ferrari

One is called Ford Ferrari.

Acquired
Ferrari

It is 90% owned by Ford, and it would make road cars.

Acquired
Ferrari

There's a second called Ferrari Ford that's 90% owned by Ferrari.

Acquired
Ferrari

So this document is on Enzo's desk.

Acquired
Ferrari

He digs into it, and he's looking through the fine print, and he kind of realizes, if I want to go racing and Ford does not want to go racing...

Acquired
Ferrari

And of course, Ford says, well, we're buying your company.

Acquired
Ferrari

So Enzo, of course, hates this.

Acquired
Ferrari

And in dramatic fashion, he blows up the deal right at the finish line, all while the papers had been reporting, you know, the information leaked that the Americans were about to buy this Italian national treasure, makes big headlines when the deal blows up.

Acquired
Ferrari

You can imagine why this is in

Acquired
Ferrari

Ferrari's public relations interest based on everything that we've been describing about their business strategy, of course.

Acquired
Ferrari

Then Henry Ford II is absolutely incensed and he has this great quote.