Luca di Montezemolo, Ferrari's chairman, has told the Financial Times (FT) newspaper that he would like to see Ferrari launch a public offering on the stock market in order to fund expansion.

Mr Montezemolo told the FT that an Initial Public Offer would help fund the company's expansion into the entertainment field, including the development of 'Ferrari theme parks'.

Ferrari is 90% owned by Fiat and needs Fiat's approval for an IPO.