# Own a piece of Ferrari

**URL:** <https://forums.speedlife.net/t/own-a-piece-of-ferrari/273126>\
**Category:** NYSpeed Automotive\
**Created:** [October 12, 2015, 12:47pm UTC](https://forums.speedlife.net/t/own-a-piece-of-ferrari/273126 "2015-10-12T12:47:03Z")\
**Posts on this page:** 6\
**Page:** 1

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**Author:** ![tpgsr](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tpgsr/32/7374_2.png) [@tpgsr](https://forums.speedlife.net/u/tpgsr)\
**Post date:** [October 12, 2015, 12:47pm UTC](https://forums.speedlife.net/t/own-a-piece-of-ferrari/273126/1 "2015-10-12T12:47:03Z")

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There is no set date as of yet but they are looking to issue an IPO in the next 3-9 months.  
Shares could be as low as $48 each based on their current valuation.

> **[Ferrari sets $1 billion IPO. Ticker symbol? RACE](http://money.cnn.com/2015/10/12/investing/ferrari-ipo-race/index.html)**
>
> Ferrari is set to debut on the New York Stock Exchange with a $10 billion valuation within the next few months.

I am not sure if the European markets still issue paper certificates but if so I want 100 shares just to get the cert for the wall.

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**Author:** ![ultradriver10000](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ultradriver10000/32/7397_2.png) [@ultradriver10000](https://forums.speedlife.net/u/ultradriver10000)\
**Post date:** [October 13, 2015, 10:54am UTC](https://forums.speedlife.net/t/own-a-piece-of-ferrari/273126/2 "2015-10-13T10:54:39Z")

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I’ll buy some if so

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**Author:** ![King](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/king/32/7329_2.png) [@King](https://forums.speedlife.net/u/King)\
**Post date:** [October 13, 2015, 11:03am UTC](https://forums.speedlife.net/t/own-a-piece-of-ferrari/273126/3 "2015-10-13T11:03:51Z")

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neat!  
generally speaking, car stock isn’t worth buying and doesn’t fluctuate much.  
but cool just out of principle - because ferrari.

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**Author:** ![tpgsr](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/tpgsr/32/7374_2.png) [@tpgsr](https://forums.speedlife.net/u/tpgsr)\
**Post date:** [October 13, 2015, 12:53pm UTC](https://forums.speedlife.net/t/own-a-piece-of-ferrari/273126/4 "2015-10-13T12:53:23Z")

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> [@King](#):
>
> neat!  
> generally speaking, car stock isn’t worth buying and doesn’t fluctuate much.  
> but cool just out of principle - because ferrari.

Exactly. This is a dumb investment overall because Chrysler/Fiat but it is awesome because Ferrari.

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**Author:** ![Deathproof](https://avatars.discourse-cdn.com/v4/letter/d/dec6dc/32.png) [@Deathproof](https://forums.speedlife.net/u/Deathproof)\
**Post date:** [October 13, 2015, 12:55pm UTC](https://forums.speedlife.net/t/own-a-piece-of-ferrari/273126/5 "2015-10-13T12:55:07Z")

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Because Ferrari. That’s why.

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**Author:** ![Joe](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joe/32/7219_2.png) [@Joe](https://forums.speedlife.net/u/Joe)\
**Post date:** [October 13, 2015, 1:06pm UTC](https://forums.speedlife.net/t/own-a-piece-of-ferrari/273126/6 "2015-10-13T13:06:09Z")

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> [@tpgsr"](#):
>
> There is no set date as of yet but they are looking to issue an IPO in the next 3-9 months.  
> Shares could be as low as $48 each based on their current valuation.
> 
> [Ferrari sets $1 billion IPO. Ticker symbol? RACE](http://money.cnn.com/2015/10/12/investing/ferrari-ipo-race/index.html)
> 
> I am not sure if the European markets still issue paper certificates but if so I want 100 shares just to get the cert for the wall.

I know for sure the London stock exchange does if you request them from your broker. Not sure about others.

$265,000 all cash. One IPO, here we go.