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Ferrari, Beijing Automotive and BAIC Eternaland Sign a Memorandum of Understanding for a Ferrari Theme Park in Mainland China


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MARANELLO, Italy, March 17, 2016 --

Ferrari S.p.A., a wholly-owned Italian subsidiary of Ferrari N.V. ("Ferrari"), Beijing Automotive Group Co., Ltd. ("Beijing Automotive") and BAIC Eternaland Property Co., Ltd. ("BAIC Eternaland") have signed today a non-binding memorandum of understanding ("MoU") for the licensing of the design, construction and operation of a new Ferrari theme park to be located in one of the primary cities in Mainland China.