Exhibit 8.1
Subsidiaries at December 31, 2016:
Name | Country | Nature of business | Shares held by the Group | Shares held by NCI | ||||||
Directly held interests | ||||||||||
Ferrari S.p.A. | Italy | Manufacturing | 100 | % | — | % | ||||
Indirectly held through Ferrari S.p.A. | ||||||||||
Ferrari North America Inc. | USA | Importer and distributor | 100 | % | — | % | ||||
Ferrari Japan KK | Japan | Importer and distributor | 100 | % | — | % | ||||
Ferrari Australasia Pty Limited | Australia | Importer and distributor | 100 | % | — | % | ||||
Ferrari International Cars Trading (Shanghai) Co. L.t.d. | China | Importer and distributor | 80 | % | 20 | % | ||||
Ferrari (HK) Limited | Hong Kong | Importer and distributor | 100 | % | — | % | ||||
Ferrari Far East Pte Limited | Singapore | Service company | 100 | % | — | % | ||||
Ferrari Management Consulting (Shanghai) Co. L.t.d. | China | Service company | 100 | % | — | % | ||||
Ferrari South West Europe S.a.r.l. | France | Service company | 100 | % | — | % | ||||
Ferrari Central East Europe GmbH | Germany | Service company | 100 | % | — | % | ||||
G.S.A. S.A. | Switzerland | Service company | 100 | % | — | % | ||||
Ferrari North Europe L.t.d. | UK | Service company | 100 | % | — | % | ||||
Mugello Circuit S.p.A. | Italy | Racetrack management | 100 | % | — | % | ||||
Ferrari Financial Services S.p.A. | Italy | Financial services | 100 | % | — | % | ||||
Indirectly held through other Group entities | ||||||||||
Ferrari Financial Services Inc. (1) | USA | Financial services | 100 | % | — | % | ||||
Ferrari Auto Securitization Transaction LLC (2) | USA | Financial services | 100 | % | — | % | ||||
Ferrari Auto Securitization Transaction - Lease, LLC (2) | USA | Financial services | 100 | % | — | % | ||||
Ferrari Financial Services Titling Trust (2) | USA | Financial services | 100 | % | — | % | ||||
Ferrari Auto Securitization Transaction - Select, LLC (2) | USA | Financial services | 100 | % | — | % | ||||
410, Park Display Inc. (3) | USA | Retail | 100 | % | — | % |
______________________________
(1) | Shareholding held by Ferrari Financial Services S.p.A. |
(2) | Shareholding held by Ferrari Financial Services Inc. |
(3) | Shareholding held by Ferrari North America Inc. |