Ferrari inaugurates Maranello Village

Press Release

"Maranello Village", the world's first residential complex featuring over 120 apartments available for Ferrari personnel exclusively, is unveiled today in the presence of Ferrari CEO Jean Todt, Ferrari Vicepresidente Piero Ferrari and local representatives.

The residence, located in Pozza di Maranello, just four kilometres from the Ferrari plant - connected by a bicycle lane, offers a structure in harmony with the surroundings, respecting the rural tradition of the area, while offering some original features, such as the lively red colour, the huge signboards with images from historical races by Ferrari: Daytona 1967 (the famous triple-win for Ferrari at the 24 Hour race), Monza 1975 (the Drivers Championship won with one race ahead), Suzuka 2004 (the celebrating team at the pitwall) and Le Mans 1966 (the drivers running to their cars after the 24 hour race has been started).

The residential buildings were built out of the highest available quality standard; the four buildings are surrounded by lawns and trees forming the "Maranello Village"; the apartments range from 30 to 70 sqm; there are 22 studios, 42 two-bedroom and 58 three-bedroom apartments which are completely furnished and equipped. The apartments are rented for a flexible time.

There are not only advantages regarding the cost of housing and a series of advantageous tariffs, but also a complementary service package: fitness centre with a surface of 770 sqm completely equipped with Technogym equipment, reception, restaurant, bar, self-service with the possibility of home-delivery, equipped relaxing areas outside, external parking and a covered car park for up to 150 cars.

As Ferrari President Luca di Montezemolo underlined: "the basic idea of the 'Formula Uomo' is the improvement of the quality of the housing and the production facilities but also a maximum of attention to the working conditions - the factors contributing to the excellence of the final product."

"Maranello Village" directs this attention to the employee beyond the working area; and as such it becomes a natural part of this project.