INDEX / DIRECTORY / FERRARI

Ferrari

Car Manufacturers 109 CITED SOURCES UPDATED 2026-08-26 METHOD V6.4
BDS-1000 Score 285 /1000 D Tier D - Moderate
Military ↗ 2.25 Digital ↗ 0.49 Economic ↗ 2.00 Political ↗ 3.10
OWNERSHIP TREE 4 brands and group businesses View all

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Key Findings

  • Military: Ferrari has no identified defence contracts, procurement, or supply-chain links to Israeli military entities; its only historical armoured-vehicle venture, the discontinued 1980s F333E “Lizard,” carries no Israel nexus, while defence-adjacent activity in the corporate family (Iveco Defence Vehicles/Astra, sold to Leonardo in March 2026) sits one holding-company tier removed at Exor, not at Ferrari.1, 2, 3
  • Digital: Ferrari’s technology stack (AWS, IBM, HP, Bitdefender, Qualcomm, DXC) is overwhelmingly US/Romanian-domiciled, with a single documented Israeli R&D dimension via Harman’s in-cabin components, sourced through a US-domiciled Harman entity rather than an Israeli one.4, 5
  • Economic/Political: Ferrari’s sole Israeli commercial presence is an independently owned local dealer chain (Samelet/Auto Italia/Mediterranean Car Agency); a 2017 display of Ferrari cars at Jerusalem’s Western Wall drew public criticism and a policy tightening by the Western Wall Heritage Foundation.6, 7
  • Not found: No public evidence identified of Ferrari holding Israeli defence contracts, settlement operations, Israeli data-centre presence, lobbying on Israel/Palestine, or inclusion in any BDS target list.8, 9, 10

Target Profile

FieldDetail
Company NameFerrari N.V.
JurisdictionIncorporated in the Netherlands (Amsterdam); operational headquarters in Maranello, Italy11
HeadquartersMaranello, Italy
SectorLuxury performance automotive manufacturing; Formula 1 motorsport
OwnershipListed NYSE/Borsa Italiana (RACE); controlling shareholder Exor N.V. (~24.65% equity, ~36.48% voting rights); Piero Ferrari (~10.48% equity, ~15.51% voting rights)12, 13
Key Executives / GovernanceJohn Elkann (Executive Chairman; also Exor CEO, Stellantis Chairman); Benedetto Vigna (CEO); board includes Piero Ferrari, Delphine Arnault, Francesca Bellettini, Eduardo H. Cue, Sergio Duca, John Galantic, Maria Patrizia Grieco, Adam Keswick, Michelangelo Volpi, Tommaso Ghidini, Nigel Paxman (Chair). No named executive or director carries a documented Israel-defence or settlement affiliation13
Israeli-Nexus SummaryNo direct Israeli operations, defence contracts, or settlement activity; nexus consists of an independent Israeli dealer/importer chain, a partial Israeli-R&D dimension in a US technology supplier (Harman), and adjacent (non-Ferrari) defence and investment activity at the Exor holding-company level

Key Facts:

Executive Summary

Ferrari N.V. is a Dutch-incorporated, Italian-headquartered luxury automotive and Formula 1 company controlled by the Agnelli family holding company Exor N.V. Across four independent domain audits - military, digital, economic, and political - the documented Israel/Palestine nexus is consistently thin, indirect, and largely mediated through independent third parties rather than Ferrari itself.

The strongest documented vector is economic: Ferrari vehicles reach the Israeli market exclusively through an independently owned Israeli import and retail chain (Samelet Motors/Auto Italia (Israel) Ltd./Mediterranean Car Agency Ltd.), a wholesale-supplier relationship in which Ferrari holds no equity or operational control.6, 14, 15 A related political-reputational episode is documented: in November 2017, roughly twenty Ferrari vehicles were driven into the Western Wall plaza in Jerusalem’s Old City during a 70th-anniversary tour, drawing public criticism from the Western Wall Rabbi and a subsequent tightening of Foundation rules against commercial use of the site.6, 7, 19 A second, unrelated event - a 2014 Ferrari F1 car appearance in a Jerusalem Formula Roadshow - drew Israeli State Comptroller criticism directed at municipal organizers, not Ferrari.20

On the digital side, Ferrari’s technology partnerships (AWS, IBM, HP, Bitdefender, Qualcomm, DXC) are overwhelmingly non-Israeli, with one genuine but modest exception: Harman International, a US-domiciled Samsung subsidiary supplying Ferrari’s in-cabin driver-monitoring systems, conducts substantial relevant R&D through its Israeli subsidiary (formerly Red Bend Software, Hod HaSharon).4, 5 This is a customer-side procurement relationship one tier removed from any Israeli-domiciled vendor, not a direct Ferrari-to-Israel technology transfer.

On the military side, no public evidence identified connects Ferrari to any Israeli defence contract, SIBAT-registered supplier relationship, or defence-prime supply chain. Ferrari’s only historical military product, the F333E “Lizard” light armoured vehicle developed by Ferrari Engineering in the early 1980s, was discontinued decades ago and carries no identified Israel connection.1, 17, 18 Defence-adjacent activity within the broader Agnelli/Exor corporate family - notably CNH Industrial’s documented equipment use in settlement and demolition contexts, and Alessandro Nasi’s chairmanship of Iveco Defence Vehicles/Astra (sold to Leonardo S.p.A. in March 2026) - is attributable to sibling companies under shared Exor ownership, not to Ferrari N.V. itself, which has operated as a fully separate, independently listed company since its 2016 spin-off from Fiat Chrysler Automobiles.21, 22, 2, 3

Politically, Ferrari issued no identified corporate statement on the Israel-Hamas conflict, in contrast to its named 2022 Ukraine statement, humanitarian donation, and Russian-market suspension.23, 24 Ferrari does not appear on the BDS National Committee’s corporate targeting list, in the OHCHR settlement-business database, or in Who Profits’ automotive-sector records.9, 10, 25 The resulting BRS score of 285 (Tier D, Moderate) reflects a documented but limited and largely indirect nexus, driven by the political domain’s moderate impact/proximity scoring rather than any severe or direct military, digital, or economic entanglement.

Timeline of Relevant Events

DateEvent
Early 1980sFerrari Engineering develops the F333E “Lizard” light armoured vehicle; commercially unsuccessful; no Israel nexus identified1, 17, 18
3 January 2016Ferrari N.V. spin-off from Fiat Chrysler Automobiles completes; Ferrari becomes independently listed on NYSE/Borsa Italiana26, 16
29 March 2012Ferrari/Maserati showroom opens in Tel Aviv via Auto Italia (Israel) Ltd., jointly held by Kardan Vehicle Ltd. and Alon Group6
6–7 October 2014Ferrari F1 car (driven by Giancarlo Fisichella) appears in Jerusalem Formula Roadshow; later criticized by Israel’s State Comptroller (municipal organizers, not Ferrari)20
2014Samelet Motors acquires 25% stake in Auto Italia (Israel) Ltd.14
3 November 2017~20 Ferrari vehicles displayed at the Western Wall plaza, Jerusalem, during 70th-anniversary tour; public criticism follows; Western Wall Heritage Foundation tightens commercial-use rules6, 7, 19
August 2019Samelet Motors takes 100% ownership of Auto Italia (Israel) Ltd.14
8 March 2022Ferrari suspends Russian-market production and donates €1 million to Ukraine humanitarian relief; no equivalent Israel/Gaza-related statement identified23, 24
2023 (March)Ferrari discloses ransomware-linked data breach; Ferrari is the victim; no Israeli-vendor remediation link identified27
28 February 2024Harman Automotive–Ferrari in-cabin technology partnership announced/extended, incorporating Israeli-developed Harman components4, 5
30 July 2025Leonardo S.p.A. announces binding agreement to acquire Iveco Defence Vehicles/Astra (Exor-family-chaired division) for €1.6 billion28, 29
September 2025OHCHR updates its business-enterprises database (158 companies); Ferrari not listed9, 30
18 March 2026Leonardo completes acquisition of Iveco Group’s defence business29, 31
May 2026Ferrari Club Israel hosts disability-charity event at Shalva National Center, Jerusalem32

Corporate Overview

Ferrari N.V. is a Dutch-incorporated holding company with operational headquarters in Maranello, Italy, listed on the NYSE and Borsa Italiana (ticker RACE). It became fully independent from Fiat Chrysler Automobiles (now part of Stellantis) via a 2016 spin-off and shares no manufacturing, IT systems, or commercial operations with Stellantis, CNH Industrial, or Iveco Group.22, 26, 16 The sole link between these entities is a shared controlling shareholder, Exor N.V., and overlapping Agnelli-family board representation.

Ferrari has no owned subsidiary, factory, or facility in Israel. Its market presence is entirely mediated through an independently owned Israeli commercial chain: Auto Italia (Israel) Ltd. (importer, wholly owned by Samelet Motors Ltd. since 2019) and Mediterranean Car Agency Ltd. (the authorized Ferrari retail dealer, Herzliya).6, 14, 15 A “Ferrari Owners’ Club Israel,” founded 2020, functions as a customer community rather than an operating entity.33 A same-named but wholly unrelated entity, Ferrari Group PLC (Euronext Amsterdam logistics/customs brokerage), has no corporate connection to Ferrari N.V.34, 35

Domain Summaries

Military: Military

Mechanism of Involvement

No public evidence identified of any contract, tender, or supply relationship between Ferrari and Israel’s Ministry of Defense, IDF, or any Israeli defence prime (Elbit Systems, IAI, Rafael). Ferrari does not appear in SIBAT’s Defense and HLS Directory.8 Ferrari’s only historical military product is the discontinued F333E “Lizard” light armoured vehicle developed by Ferrari Engineering S.r.l. in the early 1980s, of which roughly fifteen pre-production units were built; reported buyers included an unnamed Arab head of state, with no Israel connection identified.1, 17, 18 The programme has been dormant since the 1980s.

Counter-Arguments and Evidence Limits

Ferrari’s board carries no identified defence-industry or Israeli-security affiliation.13 CNH Industrial’s extensively documented equipment use in settlement construction and 2025-dated home demolitions is a finding about a separate, operationally independent company under shared Exor ownership - not a Ferrari finding.21, 22 Similarly, Alessandro Nasi’s chairmanship of Iveco Defence Vehicles/Astra (sold to Leonardo S.p.A., completed March 2026) sits at the Exor/Iveco Group level, one tier removed from Ferrari, and no Iveco Defence Vehicles–Israel relationship was identified in any case.2, 28, 29, 3, 36

Named Entities and Evidence Map

Exor N.V. (controlling shareholder, 24.65% equity); Piero Ferrari (10.48% equity); CNH Industrial (sibling company, not Ferrari); Iveco Defence Vehicles/Astra (sold to Leonardo, March 2026); Alessandro Nasi (Exor Vice Chairman, former Iveco Defence Vehicles chair). No Israeli defence entity is named in connection with Ferrari itself.

Digital: Digital

Mechanism of Involvement

Ferrari’s disclosed technology vendors - AWS, IBM, HP, Qualcomm, DXC, Bitdefender - are US or Romanian-domiciled.4 The one documented Israeli R&D dimension is Harman International’s in-cabin driver-monitoring (Ready Care) and infotainment technology, substantially developed through Harman’s Israeli subsidiary (formerly Red Bend Software, Hod HaSharon); Israeli tech press describes Ferrari as putting “Israel-made Harman components in the cabin.”4, 5

Counter-Arguments and Evidence Limits

Harman is a US-domiciled (Stamford, CT) Samsung subsidiary; the relationship is customer-side procurement from a US entity whose engineering is partly Israeli, not a direct Ferrari-Israel vendor relationship.4 No public evidence identified of Ferrari holding any relationship with an Israeli-domiciled cybersecurity or enterprise vendor (Check Point, NICE, CyberArk, Cognyte). No public evidence identified of Ferrari operating data-centre infrastructure in Israel, participating in Project Nimbus, or providing surveillance/AI technology to any Israeli state, military, or security body - the directionally serious Digital case, for which no qualifying evidence was found.5, 27

Named Entities and Evidence Map

Harman International (US-domiciled; Israeli R&D subsidiary, formerly Red Bend Software); AWS, IBM, HP, Qualcomm, DXC, Bitdefender (non-Israeli vendors). Stellantis’s 2021 MOU with the Israel Innovation Authority and Exor’s direct Israeli startup investments are attributed at those entities’ own level, not Ferrari’s.25, 37

Economic: Economic

Mechanism of Involvement

Ferrari’s Israel-market commercial chain runs through independently owned Israeli entities: Auto Italia (Israel) Ltd. (importer; 100% Samelet Motors-owned since August 2019) and Mediterranean Car Agency Ltd. (Herzliya retail dealer).6, 14, 15 This is a wholesale-supplier relationship generating revenue for Ferrari N.V. (Netherlands-domiciled) from vehicle and parts sales, with retail profit accruing to the independent Israeli owner.

Counter-Arguments and Evidence Limits

Ferrari holds no equity in, or operational control over, any part of this Israeli chain. No public evidence identified of any Ferrari-owned facility, factory, or R&D centre in Israel. No public evidence identified of Ferrari in the OHCHR settlement-business database, Who Profits, AFSC Investigate, PAX, BankTrack, SOMO, Al-Haq, or BDS Movement lists.9, 30 Ferrari’s SEC Form 20-F filings reference the Israel-Hamas conflict solely as a general macroeconomic risk factor, with no strategic-market characterization of Israel.38

Named Entities and Evidence Map

Samelet Motors Ltd. (Israeli, Levi-family-owned); Auto Italia (Israel) Ltd.; Mediterranean Car Agency Ltd. All are independently Israeli-owned; Ferrari N.V. holds no ownership stake. Exor N.V.’s separate investment in Via Transportation (Israeli-founded mobility company) is attributed at the Exor level, not Ferrari’s.

Political: Political

Mechanism of Involvement

Ferrari issued no identified corporate statement on the Israel-Hamas conflict, in contrast to its named 2022 Ukraine statement and Russian-market suspension.23, 24 The most concrete documented political-reputational event is the November 2017 Western Wall vehicle display, criticized publicly by the site’s rabbi and followed by tightened Foundation rules against commercial use.7, 19 Ferrari is registered on the EU Transparency Register with lobbying interests confined to automotive/CO2/mobility policy; no Israel/Palestine reference appears in its declared interests.39

Counter-Arguments and Evidence Limits

Ferrari is not named in the BDS National Committee’s Corporate Priority Targeting guide or the US Campaign for Palestinian Rights consumer-boycott list.10 No public evidence identified of Ferrari accepting Israeli state honours, hosting Israeli officials institutionally, or partnering with Israeli state bodies. Individual acts - John Elkann’s personal Meta board seat, Lewis Hamilton’s personal Gaza humanitarian advocacy - are attributed to those individuals, not to Ferrari corporately, with no evidence of corporate amplification or endorsement.40, 41

Named Entities and Evidence Map

Ferrari Owners’ Club Israel (customer community, president Eli Halaby); Western Wall Heritage Foundation (external critic); John Elkann (personal Meta board seat, not Ferrari-attributable); Lewis Hamilton (personal advocacy, not Ferrari-attributable); Exor N.V.’s Via Transportation investment (owner-level, flagged not counted).

BDS-1000 Score (V4)

DomainIMPV-Domain Score
Military4.507.003.502.25
Digital2.004.003.000.49
Economic3.504.007.502.00
Political6.203.507.503.10

V_MAX is driven by the Political domain, reflecting the higher impact/proximity weighting attached to the Western Wall display, the absence of an Israel-Gaza corporate statement (contrasted with the Ukraine response), and the general political-reputational surface area of a globally visible luxury brand - not by any severe military, digital, or economic entanglement. The Military, Digital, and Economic scores remain comparatively low, reflecting indirect, third-party-mediated, or historical/discontinued findings rather than active direct nexus. The composite BRS of 285 places Ferrari in Tier D (Moderate), consistent with a documented but limited and largely indirect Israel/Palestine footprint. Scoring reflects the scale-free Impact × magnitude/proximity method applied uniformly across the BDS-1000 corpus, drawn exclusively from the four vetted domain audits.

Methodology Note

Footnotes

  1. https://www.secretprojects.co.uk/threads/f333e-lizard-or-a-ferrari-for-the-army.3079/ ↩ ↩2 ↩3 ↩4 ↩5

  2. https://www.ivecogroup.com/-/media/group/governance/board_of_directors/docs/Alessandro_Nasi_Non-Executive_Director_Iveco_Group_CV_November_2022_ENG.pdf ↩ ↩2 ↩3

  3. https://www.vogon.today/startmag/leonardo-this-is-how-elkann-and-iveco-defense-team-up-for-army-tanks/2024/11/12/ ↩ ↩2 ↩3

  4. https://news.harman.com/releases/harman-automotive-and-ferrari-partner-to-propel-the-in-cabin-experience-into-the-future-today ↩ ↩2 ↩3 ↩4 ↩5 ↩6

  5. https://www.israel21c.org/ferrari-puts-israel-made-harman-components-in-the-cabin/ ↩ ↩2 ↩3 ↩4 ↩5

  6. https://www.ferrarigroup.net/office-locator/middle-east-africa/israel/ ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8

  7. https://www.timesofisrael.com/ferrari-display-at-western-wall-sparks-outrage/ ↩ ↩2 ↩3 ↩4

  8. https://www.sibat.mod.gov.il/Industries/directory/Pages/default.aspx ↩ ↩2

  9. https://www.ohchr.org/en/business/bhr-database ↩ ↩2 ↩3 ↩4

  10. https://www.bdsmovement.net/sites/default/files/2024-12/Guide%20to%20BDS%20Boycott%20%26%20Pressure%20Corporate%20Priority%20Targeting-30%20Nov%202024-Submitted%20by%20BDS%20movement.pdf ↩ ↩2 ↩3

  11. https://www.sec.gov/Archives/edgar/data/1648416/000164841625000027/race-20241231.htm ; https://www.sec.gov/Archives/edgar/data/1648416/000164841626000024/race-20251231.htm ; https://cdn.ferrari.com/cms/network/media/pdf/FNV%20AGM%20PR%2016.4.2025%20ENG.pdf ↩

  12. https://www.ferrari.com/en-EN/corporate/shareholders-structure ↩

  13. https://www.sec.gov/Archives/edgar/data/0001648416/000164841625000046/fnv160425prpostagmex.htm ↩ ↩2 ↩3

  14. https://www.bdicode.co.il/en/company/mediterranean-car-agency-en/ ↩ ↩2 ↩3 ↩4 ↩5 ↩6

  15. https://en.wikipedia.org/wiki/Samelet ↩ ↩2 ↩3 ↩4

  16. https://en.wikipedia.org/wiki/John_Elkann ↩ ↩2 ↩3

  17. https://en.escuderia.com/f333e-lizard-el-desconocido-tanque-ligero-y-rapido-que-ferrari-desarrollo-en-los-80/ ↩ ↩2 ↩3 ↩4

  18. https://www.museonicolis.com/en/autoblindo-ferrari-f333e/ ↩ ↩2 ↩3 ↩4

  19. https://www.ynetnews.com/article/5038153 ↩ ↩2 ↩3

  20. https://www.jpost.com ↩ ↩2

  21. https://www.whoprofits.org/companies/company/3770 ↩ ↩2

  22. https://investigate.afsc.org/company/cnh-industrial ↩ ↩2 ↩3

  23. https://www.bloomberg.com/news/articles/2022-03-09/ferrari-stops-making-cars-for-russians-pledges-1-million-to-ukraine ↩ ↩2 ↩3

  24. https://www.espn.com/f1/story/_/id/33453539/ferrari-donate-1-million-support-ukraine-amid-russia-invasion ↩ ↩2 ↩3

  25. https://finder.startupnationcentral.org/investor_page/exor?section=investments ↩ ↩2

  26. https://en.wikipedia.org/wiki/Exor_(company ↩ ↩2

  27. https://techcrunch.com/2023/03/21/ferrari-says-ransomware-attack-exposed-customers-personal-data/ ↩ ↩2

  28. https://www.leonardo.com/en/press-release-detail/-/detail/30-07-2025-ldo-iveco-defence ↩ ↩2

  29. https://www.leonardo.com/en/press-release-detail/-/detail/18-03-2026-leonardo-completes-the-acquisition-of-iveco-group-s-defence-business ↩ ↩2 ↩3

  30. https://www.ohchr.org/en/press-releases/2025/09/un-human-rights-office-updates-database-businesses-involved-israeli ↩ ↩2

  31. https://breakingdefense.com/2026/03/italys-leonardo-closes-on-1-9b-iveco-land-vehicle-acquisition/ ↩

  32. https://natlawreview.com/press-releases/ferrari-club-israel-and-ran-tottnauer-host-inspirational-morning-shalva ↩

  33. https://www.ferrari.com/en-EN/auto/owners-club-israel ↩

  34. https://en.wikipedia.org/wiki/Daniel_Ramot ↩

  35. https://www.exor.com/sites/default/files/press-releases/2023-09/Exor%20Press%20Release%20-%20H1%202023%20Results.pdf ↩

  36. https://moparinsiders.com/agnelli-family-shifts-gears-iveco-sale-marks-end-of-fiat-truck-era/ ↩

  37. https://itrade.gov.il/italy/2021/04/07/stellantis-and-israel-innovation-authority-announce-the-signing-of-a-memorandum-of-understanding/ ↩

  38. https://www.sec.gov/Archives/edgar/data/0001648416/000164841625000027/race-20241231.htm ↩

  39. https://www.lobbyfacts.eu/datacard/ferrari?rid=695023821930-81 ↩

  40. https://about.fb.com/news/2025/01/dana-white-john-elkann-charlie-songhurst-meta-board-of-directors/ ↩

  41. https://www.redcross.org.uk/about-us/news-and-media/media-centre/press-releases/lewis-hamilton-visits-jordan ↩