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#52336
Just PR or could it be true.
The Ferrari road business is doing a roaring trade & if any name can bring in the sponsorship dollars to fund a formula one team Ferrari is it.

So I don't see why it could not be true.
If so Enzo's dream lives. :cloud9:

But there may be a bit of PR in there as well but I don't think if there is it's as much as some people try and make us believe to try and diminish or discredit what Ferrari has achieved to date in F1. :rolleyes:

Boss says Ferrari team not funded by Fiat''I don't think people always realise this''
http://en.f1-live.com/f1/en/headlines/news/detail/080629165108.shtml

Ferrari's Formula One team is not funded by its Italian automobile manufacturer parent Fiat.
That is the insistence this weekend of the two Maranello based marques' President and chairman respectively, Luca di Montezemolo.
The 60-year-old Italian told the British newspaper The Daily Telegraph that the famous team, currently leading the 2008 drivers' and constructors' World Championships, is funded by money from Ferrari sports car sales and sponsors.
"We do not get a penny from Fiat. I don't think people always realise this," Montezemolo said.
Ferrari's main current competitors in Formula One are automobile manufacturing giants including BMW, Mercedes-Benz, Renault, Toyota and Honda.
"For a small company like us, the achievement (of beating them) is particularly impressive," he added.
Montezemolo also ruled out speculation that Ferrari could soon be floated on the stock market.
"Never," he said. "Well, a possibility in 10, 15 years -- who knows? Not now."
#52337
Marlboro and shell will be picking up a fair bit of the tab for the race team, and after all Ferrari only made road cars so he could go racing in F1.
Anyway from all the stories ive heard over the years sometimes i wonder how fiat are still solvent let alone help fund a F1 team
#52342
Marlboro and shell will be picking up a fair bit of the tab for the race team, and after all Ferrari only made road cars so he could go racing in F1.
Anyway from all the stories ive heard over the years sometimes i wonder how fiat are still solvent let alone help fund a F1 team


Yes I agree the sponsership money alone is more than capable of funding the team.
Just found this more detailed article as well.
Clicky to see

Looks like Enzo would be a very proud man, his model lives as he envisaged it.
Road cars to fund his passion :clap:
#52344
Boss says Ferrari team not funded by Fiat''I don't think people always realise this''
http://en.f1-live.com/f1/en/headlines/news/detail/080629165108.shtml

Ferrari's Formula One team is not funded by its Italian automobile manufacturer parent Fiat.
That is the insistence this weekend of the two Maranello based marques' President and chairman respectively, Luca di Montezemolo.
The 60-year-old Italian told the British newspaper The Daily Telegraph that the famous team, currently leading the 2008 drivers' and constructors' World Championships, is funded by money from Ferrari sports car sales and sponsors.
"We do not get a penny from Fiat. I don't think people always realise this," Montezemolo said.
Ferrari's main current competitors in Formula One are automobile manufacturing giants including BMW, Mercedes-Benz, Renault, Toyota and Honda.
"For a small company like us, the achievement (of beating them) is particularly impressive," he added.
Montezemolo also ruled out speculation that Ferrari could soon be floated on the stock market.
"Never," he said. "Well, a possibility in 10, 15 years -- who knows? Not now."

Do your research F1 Live! :rofl::rofl:
#52345
I wouldn't call Ferrari a "small company", and I wouldn't say Renault are "big" either.
#52354
I wouldn't call Ferrari a "small company", and I wouldn't say Renault are "big" either.


Yes the Renault case is sad, the isolationist French policies keep it very tightly under the reins of the French govt.
#52360
I wouldn't call Ferrari a "small company", and I wouldn't say Renault are "big" either.



:rolleyes:
Look at the numbers!

Ferrari: Revenue € 1,668 million (2007)
Employees 2,926 (2007)

Renault: Revenue €41.528 billion (2006)
Operating income €1.323 billion (2005)
Net income €3.453 billion (2005)
Employees 126,584 (2005)
#52366
Do your research F1 Live! :rofl::rofl:


Oh Sh!t Is that a breach of copyright as well :eek::hehe::rofl::cry::cry::vomit:

No I use this website for the latest news Clicky to see
It scans the Internet for all latest headlines fresh off the press.
#52397
na its funded by Marlboro :thumbdown:



hey look bud I found my balls. Image

I am lucky i have three :hehe:
#52399
thats great news Mike i take it theres 3 to compensate for the size :hehe:


Have you been peeping on that webcam again :hehe:

I might go and see my solicitor about this. :rofl::rofl:
No only joking my names not BUD :thumbdown:
#52417
Do your research F1 Live! :rofl::rofl:


Oh Sh!t Is that a breach of copyright as well :eek::hehe::rofl::cry::cry::vomit:

What? Did...Did you even look at what I bolded in the quote? Cos that's the joke...
#52421
Do your research F1 Live! :rofl::rofl:


Oh Sh!t Is that a breach of copyright as well :eek::hehe::rofl::cry::cry::vomit:

What? Did...Did you even look at what I bolded in the quote? Cos that's the joke...


Oh I though it was a question to me. I 'am a bit slow mate. :banghead:
#52432
Do your research F1 Live! :rofl::rofl:


Oh Sh!t Is that a breach of copyright as well :eek::hehe::rofl::cry::cry::vomit:

What? Did...Did you even look at what I bolded in the quote? Cos that's the joke...


Oh I though it was a question to me. I 'am a bit slow mate. :banghead:

lol, no problem mate :D

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