I'd rather take stake in Ferrari than Stellantis-Giorgetti - Business.co.uk. Economy Minister Giancarlo Gior getti said FRiday he would rather take out a stake.

amid talk of the Italian State taking a chunk of the Italo-Franco-American carmaker amid Italian plant closure fears in the absence of subsidies for electric cars. Ferrari surged almost 10% on the Milan stock exchange Thursdayon record profits and seven-time F1 world champ Lewis Hamiltonjoining its motor racing unit.