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11 Jun 2002, 22:50 (Ref:311105) | #1 | ||
Veteran
Join Date: Feb 2000
Posts: 7,491
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Ferrari's financial problems
This mornings financial news reported that FIAT are losing 1 billion euros a quarter, and that a buyout by GM is on the cards although both parties strenuously deny this. The report went on that both Ferrari and the other Fiat owned car maker are also affected.
The amount of money FIAT are pouring into Ferrari is substantial and it is possible that when Marlboro pulls out of F1, Ferrari would find their unlimited supply of cash will be curtailed - unless of course if GM hierachy becomes interested in the F1 antics. Of course the name of Ferrari will always be there, but instead of FIAT on the nose of the cars, could we possibly see Chevrolet? OH NO!! GOD forbid.:confused: Pontiac then maybe, or Buick or Oldsmobile? NO?? How about Cadillac? Yeah, Cadillac Ferrari - has a nice ring to it. Maybe they will replace the TOAD with Bobby, now that's a good idea. Valve[img]http://www.**************************/smilies/bouncy.gif[/img] |
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