29 October 2014
On 29 October 2014, Fiat Chrysler Automobiles announced its intention to separate Ferrari from FCA through a public offering of part of its holding followed by a spin-off of the remaining interest to FCA shareholders.
nimame — Wikimedia Commons — CC BY 2.0Automotive significance
The announcement began the corporate process that would change Ferrari from an FCA-controlled subsidiary into a separately listed company. The separation was not completed in 2014: restructuring and the New York listing followed in 2015, with the final spin-off taking effect in January 2016. Project Apex therefore treats 29 October 2014 as the start of the separation process, not the date Ferrari became independent.
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