Not long after being listed on the New York Stock Exchange under the symbol ‘RACE’, it has been confirmed that the automaker will also be listed on the main stock exchange in Italy.

It isn’t yet known just how many Ferrari shares will be offered on the Italian stock exchange (Mercato Telematico Azionario) but it will just be the latest development in Ferrari’s ongoing separation from its parent company, Fiat Chrysler Automobiles.

On the MTA, Ferrari will be named as Ferrari N.V and just like the listing on the NYSE, it will allow Fiat to raise additional money for the automaker.


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