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=== Contemporary === Enzo Ferrari died in 1988, an event that saw Fiat expand its stake to 90%.<ref>{{cite news |url=https://www.nytimes.com/1988/09/08/business/company-news-fiat-raises-stake-in-ferrari-to-90.html |title=Fiat Raises Stake in Ferrari to 90% |newspaper=The New York Times |date=8 September 1988 |access-date=10 April 2014 |archive-url=https://web.archive.org/web/20150420003512/http://www.nytimes.com/1988/09/08/business/company-news-fiat-raises-stake-in-ferrari-to-90.html |archive-date=20 April 2015 |url-status=live }}</ref> The last car that he personally approved—the [[Ferrari F40|F40]]—expanded on the flagship [[supercar]] approach first tried by the [[Ferrari 288 GTO|288 GTO]] four years earlier.<ref name=Barlow>{{cite web |author-last=Barlow |author-first=Jason |title=Ferrari bloodline: F40, F50, 288 GTO and Enzo at the TG track |website=Top Gear |date=21 July 2017 |url=https://www.topgear.com/car-news/supercars/ferrari-f40-30-anniversary-bloodline-288-gto-f50-enzo-tg-track |access-date=22 May 2023 |archive-date=3 September 2021 |archive-url=https://web.archive.org/web/20210903152146/https://www.topgear.com/car-news/supercars/ferrari-f40-30-anniversary-bloodline-288-gto-f50-enzo-tg-track |url-status=live }}</ref> Enzo was succeeded in 1991 by [[Luca Cordero di Montezemolo]], under whose 23-year-long chairmanship the company greatly expanded. Between 1991 and 2014, he increased the profitability of Ferrari's road cars nearly tenfold, both by increasing the range of cars offered and through limiting the total number produced. Montezemolo's chairmanship also saw an expansion in licensing deals, a drastic improvement in Ferrari's Formula One performance (not least through the hiring of [[Michael Schumacher]] and [[Jean Todt]]), and the production of three more flagship cars: the [[Ferrari F50|F50]], the [[Ferrari Enzo|Enzo]], and the [[LaFerrari]]. In addition to his leadership of Ferrari, Montezemolo was also the chairman of Fiat proper between 2004 and 2010.<ref name=Shea>{{cite web |author-last=Shea |author-first=Terry |title=End of an era at Ferrari: Montezemolo out; Marchionne steps in |website=Hemmings Motor News |date=16 September 2014 |url=https://www.hemmings.com/stories/2014/09/16/end-of-an-era-at-ferrari-montezemolo-out-marchionne-steps-in |access-date=22 May 2023 |archive-date=22 May 2023 |archive-url=https://web.archive.org/web/20230522170509/https://www.hemmings.com/stories/2014/09/16/end-of-an-era-at-ferrari-montezemolo-out-marchionne-steps-in |url-status=live }}</ref> After Montezemolo resigned, he was replaced in quick succession by many new chairmen and CEOs. He was succeeded first by [[Sergio Marchionne]],<ref name=Shea /> who would oversee Ferrari's [[initial public offering]] and subsequent [[Corporate spin-off|spin-off]] from [[Fiat Chrysler Automobiles]],<ref>{{cite web |title=Ferrari IPO prices at $52/share, within range |url=https://www.cnbc.com/2015/10/20/ferrari-ipo-prices-at-52share-within-range.html |website=CNBC |date=20 October 2015 |access-date=21 October 2015 |archive-url=https://web.archive.org/web/20151021123537/http://www.cnbc.com/2015/10/20/ferrari-ipo-prices-at-52share-within-range.html |archive-date=21 October 2015 |url-status=live }}</ref><ref>{{cite web |last=Edmondson |first=Laurence |title=Ferrari chairman Marchionne dies aged 66 |website=ESPN.com |date=25 July 2018 |url=https://www.espn.com/f1/story/_/id/24188829/ferrari-chairman-sergio-marchionne-dies-aged-66 |access-date=22 May 2023 |archive-date=22 May 2023 |archive-url=https://web.archive.org/web/20230522170513/https://www.espn.com/f1/story/_/id/24188829/ferrari-chairman-sergio-marchionne-dies-aged-66 |url-status=live }}</ref> and then by [[Louis Camilleri]] as CEO and [[John Elkann]] as chairman.<ref>{{cite news |url=https://www.reuters.com/article/us-fiatchrysler-ceo-ferrari/ferrari-picks-louis-camilleri-as-ceo-elkann-as-chairman-idUSKBN1KB0P2 |title=Ferrari picks Louis Camilleri as CEO, Elkann as chairman |date=21 July 2018 |work=Reuters |access-date=21 July 2018 |archive-url=https://web.archive.org/web/20180721201829/https://www.reuters.com/article/us-fiatchrysler-ceo-ferrari/ferrari-picks-louis-camilleri-as-ceo-elkann-as-chairman-idUSKBN1KB0P2 |archive-date=21 July 2018 |url-status=live }}</ref> Beginning in 2021, Camilleri was replaced as CEO by [[Benedetto Vigna]], who has announced plans to develop Ferrari's first fully electric model.<ref>{{cite news |last1=Isidore |first1=Chris |title=Tech executive tapped as new Ferrari CEO as it plans its first EV |url=https://edition.cnn.com/2021/06/09/business/ferrari-names-new-ceo/index.html |access-date=15 July 2021 |publisher=CNN |date=9 June 2021 |archive-date=15 July 2021 |archive-url=https://web.archive.org/web/20210715160311/https://edition.cnn.com/2021/06/09/business/ferrari-names-new-ceo/index.html |url-status=live }}</ref> During this period, Ferrari has expanded its production, owing to a global increase in wealth, while becoming more selective with its licensing deals.<ref>{{cite web |last=Woodard |first=Collin |title=So Many People Want Ferraris, the Factory Has to Increase Production |website=Motor Trend |date=13 December 2017 |url=https://www.motortrend.com/news/many-people-want-ferraris-increase-production/ |access-date=22 May 2023 }}</ref><ref>{{cite web |title=Ferrari to Cut its Licensing Deals in Half as it Looks to Move its Non-Car Offerings Up the Luxury Ladder |website=The Fashion Law |date=6 November 2019 |url=https://www.thefashionlaw.com/ferrari-to-cut-its-licensing-deals-in-half-as-it-looks-to-move-up-the-luxury-ladder/ |access-date=22 May 2023 |archive-url=https://web.archive.org/web/20201108223851/https://www.thefashionlaw.com/ferrari-to-cut-its-licensing-deals-in-half-as-it-looks-to-move-up-the-luxury-ladder/ |archive-date=8 November 2020 }}</ref>
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