Hardware FixRecommendedDevice not working? Your driver may be the problemCheck updates for common hardware issues.Fix DriversOctober DealsAmazon USOctober deal check: compare before you payAmazon US: current deals, useful picks and tech finds.Check DealsSlow PC?RecommendedPC slow today? Run a repair scan before it gets worseResolve common Windows issues and optimize system performance.Scan Now×
Skip to content
CarCodyAdvertise
Service recordThe Garage

That Time Ford Almost Bought Ferrari—and Why the Deal Fell Apart

Ford never bought Ferrari. The 1963 negotiations ended before a deal, with Ferrari later saying Enzo Ferrari withdrew to preserve the racing division’s autonomy.
Entry056 Date Time2 min MechanicCarCody Team

Free tools Windows power users keep installed

One-click scans. No signup required.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Ford did not buy Ferrari. The two companies negotiated in 1963 over a possible collaboration, but a joint statement on May 22 said the talks had been suspended by mutual agreement. Ferrari’s later account says Enzo Ferrari withdrew just before signing to protect the racing division’s autonomy; a contemporary report by TIME had described a proposed purchase of half the company, but that was not a completed or signed deal.

What Ford and Ferrari were negotiating

In 1963, Ford and Ferrari discussed a possible collaboration that could have joined an American mass-market automaker with an Italian marque built around racing and sports cars. The public reports described a proposed purchase, but the negotiations never became a completed acquisition.

On May 24, 1963, TIME reported that Ford planned to buy half of Ferrari and that the companies expected to formalize their discussions. That was contemporary reporting about a proposed transaction, not evidence that a final contract had been signed or that Ford secured an ownership stake.

Why the negotiations ended

The clearest public record at the time is a joint statement dated May 22, 1963, reproduced in Ford Motor Company’s history of the episode: “Ford Motor Company and Ferrari wish to indicate, with reference to recent reports of their negotiations toward a possible collaboration that such negotiations have been suspended by mutual agreement.” The wording confirms that talks were suspended; it does not detail the private reasons or settle every account of what happened in negotiations. Ford Motor Company’s history of the 1963 negotiations.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.
#1 Best Overall
LEGO Technic 2022 Ford GT Building Set for Adults - Collectible Kit W/Authentic Features, Ages 18+ - 1:12 Scale - Gifts for Men & Women - Display as Bedroom or Home Decor - 42154
  • Enjoy a rewarding building experience shaping every detail of the 2022 Ford GT with this 1:12 scale LEGO Technic car model kit for adults
  • The model car includes authentic features, such as a V6 engine with moving pistons, independent suspension on all wheels and front-axle steering
  • Take your time assembling details like the rear-wheel drive with differential, opening doors, adjustable spoiler wing and opening hood
  • With it's classic dark blue finish with white racing stripes, this LEGO Technic model car kit for adults makes a stunning display piece
  • Part of an innovative collection of LEGO model car kits for adults to build, this set includes the LEGO Builder app with digital instructions

Ferrari’s retrospective offers a more specific explanation: it says Enzo Ferrari backed out just before signing in order to preserve autonomy for the racing division. That is Ferrari’s account of the breakdown, rather than a detail spelled out in the joint statement. Ferrari’s history of its new partner.

What Ford did after the deal fell through

Ford’s racing ambitions continued after the negotiations ended. Ford’s official history says the company formed its High Performance and Special Models Operation Unit about a month after the talks ended. An internal GT Program book circulated on June 12, 1963, marking a concrete step in Ford’s own performance-car effort. The sequence is evidence of what Ford pursued next, not proof that the program was created as a single act of revenge against Ferrari.

What happened to Ferrari’s partnership plans

Ferrari later entered a different relationship with Fiat. Ferrari’s official history records an engine agreement in 1965, followed by the announcement on June 21, 1969, that Fiat had bought 50% of Ferrari. These milestones show a partnership path that did materialize, unlike the proposed Ford arrangement; they do not mean Fiat’s deal had the same terms or purpose as the negotiations with Ford.

Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

What if Ford had bought Ferrari?

A Ford–Ferrari deal could have changed who controlled Ferrari’s road-car business and how much independence its racing operation retained. The available accounts do not establish what the two companies would ultimately have agreed on those questions. Ferrari’s retrospective identifies racing autonomy as Enzo Ferrari’s concern, while Ford’s later decision to build its own racing program shows that Ford pursued a separate route after talks stopped. Any more specific alternate-history outcome—such as a guaranteed change to particular models, teams, or results—would be speculation.

Special offer. See more information about Outbyte and uninstall instructions. Please review EULA and Privacy policy.

Quick Recap

Bestseller No. 3
Tamiya 24346 1/24 Ford GT Plastic Model Kit
Tamiya 24346 1/24 Ford GT Plastic Model Kit
Details include: depictions of buttresses, door-side air tunnels and underside design.; Multi-piece depictions of head and taillights for superb realism.
$45.60
Rank #3
Tamiya 24346 1/24 Ford GT Plastic Model Kit
  • Details include: depictions of buttresses, door-side air tunnels and underside design.
  • Multi-piece depictions of head and taillights for superb realism.
  • The interior features depictions of seats with separate parts used to capture door panels, rear view mirror and steering wheel.
  • Comes with metal-plated wheel and oil tank parts for a realistic finish.
  • Decals included to create various markings, including optional racing stripes.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

More from the Garage

  1. Entry001Date09 OCT 26Time3 minWhich Brake Pad Should You Buy From RockAuto or Elsewhere?Section: Blog
  2. Entry002Date09 OCT 26Time5 minThe Pros and Cons of Touchless Car Wash SystemsSection: Blog
  3. Entry003Date09 OCT 26Time3 minCan a Trickle Charger or Battery Tender Properly Charge a Car Battery?Section: Blog

Thanks for visiting Carcody

Carcody.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.co

Recommended PC Tool
Recommended PC Tool
Windows Errors? Fix Them Before They SpreadFree repair scan
Outdated Drivers Are Slowing You DownFree scan - exact matches

Two free Windows tools

One Free Minute Could Fix That PC

Before you go - each of these free tools takes about a minute and tackles what quietly slows a Windows PC down.

Special offer. View Outbyte info, uninstall instructions, EULA, and Privacy Policy.