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Ferrari, Marchionne: "Debt eliminated by 2019"

"The company is doing well", said the president from the Geneva Motor Show, also specifying that "the bond that Ferrari intends to launch within the first half of this year will be set at 500 million euros".

Ferrari, Marchionne: "Debt eliminated by 2019"

"The company produces cash and in 2019 we will be Ferrari, Marchioo with zero debt". Thus the president of Ferrari, Sergio Marchionne, speaking to reporters on the sidelines of the Geneva Motor Show, commented on the future plans of the Cavallino. “The company is doing well”, Marchionne added, also specifying that “the bond that Ferrari intends to launch within the first half of this year will be set at 500 million euros”.

At the Geneva Motor Show the president of the Cavallino, who among the many innovations in Switzerland also presents the new one Ferrari 4GTC Luxury, also said he was optimistic about the upcoming sporting season, which will be the second under his presidency and under the guidance of team principal Maurizio Arrivabene: "The drivers are happy, the hope is to be able to bring Ferrari back to the front row as early as first GP".

“We are here to sell cars, zero comments“, Marchionne instead said to those who asked him to comment on the now probable merger between Itedi, the company that controls La Stampa and Il Secolo XIX, and Gruppo Espresso (Repubblica, Espresso and local newspapers Finegil).

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