Ferrari ‘Fleeing’ Italy Prompts Angst About Losing Icons
This article is for subscribers only.
Ferrari SpA’s potential exit from Italy is causing some hand-wringing in its home country.
The possibility of shifting its tax residence from the iconic Maranello headquarters, where its first sports cars were built in 1947, is generating a debate in Italy about the risk of losing the country’s most famous brands as the economy struggles to emerge from its longest recession.