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The Rich & Famous Version Of Ping Pong
Thursday, July 28, 2011 - 2:54pm | 140Ping pong is generally played with two paddles and a ball. One player hits the ball back to each other over a net and the first to 21 points wins. Well that's not apparently how the rich play ping pong. A woman in Monte Carlo caused a five car pile up worth an estimated £700,000, as she smashed...
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Fiat CEO: Ferrari IPO Would Value Legendary Automaker at $7 Billion+
Monday, April 18, 2011 - 5:54am | 243Fiat SpA CEO Sergio Marchionne said that he has a price in mind if bankers are interested in pursuing his company's flagship brand of Ferrari: 5 billion euros (or $7.3 billion). The company also owns a 30% stake in Chrysler Group LLC, as well as ownership of the Maserati, Alfa Romeo and Lancia...
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Ferrari Financial Services Renews its Agreement with Fiserv
Wednesday, December 1, 2010 - 11:56am | 100Fiserv, Inc. (NASDAQ: FISV) announced today that Ferrari Financial Services, a subsidiary of Ferrari and a client since 2007, has renewed its agreement for Business Process Outsourcing services from Fiserv. Ferrari Financial Services originally chose Fiserv to handle a full-range of BPO services,...
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Alcoa Aluminum Wheels Selected for Ferrari 458 Italia
Wednesday, October 27, 2010 - 10:00am | 33Alcoa (NYSE: AA) announced today that its Alcoa Auto Wheels business is supplying lightweight forged aluminum wheels for the new and critically acclaimed Ferrari 458 Italia.
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The Rich Keep Spending (BMW.DE, VLKAY)
Friday, October 1, 2010 - 9:20am | 208Bloomberg is reporting this morning that both Bugatti and Ferrari have sold out of all of their most expensive vehicles as luxury demand continues to elevate. Bugatti, which is owned by Volkswagon AG (OTC: VLKAY), said that all five of its $2.7 million Veyron's, which have a top speed of 258 miles...