Please wait

Exhibit 8.1
Subsidiaries at December 31, 2024:
NameCountryNature of businessShares held by the GroupShares held by NCI
Subsidiaries directly held
Ferrari S.p.A.ItalyEngineering, manufacturing and sales100%—%
New Business 33 S.p.A.(1)
ItalyEngineering, manufacturing and sales100%—%
Subsidiaries indirectly held through Ferrari S.p.A.
Ferrari North America, Inc.USAImporter and distributor100%—%
Ferrari Japan KKJapanImporter and distributor100%—%
Ferrari Australasia Pty LimitedAustraliaImporter and distributor100%—%
Ferrari International Cars Trading (Shanghai) Co. L.t.d.ChinaImporter and distributor80%20%
Ferrari (HK) LimitedHong KongImporter and distributor100%—%
Ferrari Far East Pte LimitedSingaporeService company100%—%
Ferrari Management Consulting (Shanghai) Co. L.t.d.ChinaService company100%—%
Ferrari South West Europe S.a.r.l.FranceService company100%—%
Ferrari Central Europe GmbHGermanyService company100%—%
G.S.A. S.A. in liquidationSwitzerlandService company100%—%
Mugello Circuit S.p.A.ItalyRacetrack management100%—%
Ferrari Financial Services, Inc.USAFinancial services100%—%
Subsidiaries indirectly held through other Group entities
Ferrari Auto Securitization Transaction, LLC(2)
USAFinancial services100%—%
Ferrari Auto Securitization Transaction - Lease, LLC(2)
USAFinancial services100%—%
Ferrari Auto Securitization Transaction - Select, LLC(2)
USAFinancial services100%—%
Ferrari Financial Services Titling Trust(2)
USAFinancial services100%—%
Ferrari Lifestyle North America, Inc.(3)(4)
USARetail100%—%
Associates directly held
Fondazione Casa di Enzo FerrariItalyService company20%
Branches
UK branchUKSales and after sales support
______________________________
(1)With effectiveness as of January 1, 2025, New Business 33 S.p.A. was merged by incorporation into Ferrari S.p.A.
(2)Shareholding held by Ferrari Financial Services, Inc. within the context of securitization transactions for receivables generated by the Group’s financial services activities in the United States.
(3)Shareholding held by Ferrari North America, Inc.
(4)Effective as of January 12, 2024, the company changed its name from 410 Park Display, Inc to Ferrari Lifestyle North America, Inc.