EX-8.1 3 exhibit81ferrari20-f1.htm EX-8.1 Document



Exhibit 8.1
Subsidiaries at December 31, 2022:
NameCountryNature of businessShares held by the GroupShares held by NCI
Directly held interests
Ferrari S.p.A. ItalyEngineering, manufacturing and sales100%—%
New Business 33 S.p.A.(1)
Italy
Engineering, manufacturing and sales
100%—%
Indirectly held through Ferrari S.p.A.
Ferrari North America, Inc.USAImporter and distributor100%—%
Ferrari Japan KKJapanImporter and distributor100%—%
Ferrari Australasia Pty LimitedAustraliaImporter and distributor100%—%
Ferrari International Cars Trading (Shanghai) Co. L.t.d.ChinaImporter and distributor80%20%
Ferrari (HK) LimitedHong KongImporter and distributor100%
Ferrari Far East Pte LimitedSingaporeService company100%—%
Ferrari Management Consulting (Shanghai) Co. L.t.d.ChinaService company100%—%
Ferrari South West Europe S.a.r.l.FranceService company100%—%
Ferrari Central Europe GmbHGermanyService company100%—%
G.S.A. S.A. in liquidation
SwitzerlandService company100%—%
Mugello Circuit S.p.A.ItalyRacetrack management100%—%
Ferrari Financial Services, Inc.USAFinancial services 100%—%
Indirectly held through other Group entities
Ferrari Auto Securitization Transaction, LLC (2)
USAFinancial services100%—%
Ferrari Auto Securitization Transaction - Lease, LLC (2)
USAFinancial services100%—%
Ferrari Auto Securitization Transaction - Select, LLC (2)
USAFinancial services100%—%
Ferrari Financial Services Titling Trust (2)
USAFinancial services100%—%
410, Park Display, Inc. (3)
USARetail100%—%
______________________________

(1) New Business 33 S.p.A. was consolidated by the Group starting in 2022, which is when it started operational activities.
(2)    Shareholding held by Ferrari Financial Services, Inc.
(3)    Shareholding held by Ferrari North America, Inc.