Ferrari HQ 'to move to Netherlands'

Ferrari President and Fiat Chrysler (FCA) CEO Sergio Marchionne said Friday Ferrari’s HQ would “probably” be moved to the Netherlands. He added that he expected “not less than 10 billion euros from the upcoming listing” of the Italian sportcar maker and F1 glamour team. Marchionne gained headlines in 2014 when he created a Dutch holding company with a tax domicile in the UK.