Ferrari Officially Confirms Its FUV, Placing Profit over Decades of Sports-Car Tradition

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Rumors—and innuendo—that Ferrari is looking to build an SUV have swirled these past few years, and now we have confirmation from the brand’s CEO, Sergio Marchionne. Speaking to journalists (as covered by Bloomberg) at the New York Stock Exchange this week, the Serge stepped beyond his noncommittal utterance that the SUV market is “too big and too inviting” earlier this year to say Ferrari is looking at production. As in, this is a sure thing, everyone.

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Marchionne even had a...

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