Espionage, Ferrari, and a €111M Vault: The Dark Scandal Behind Riva Yachts

Hi everyone,

I wanted to start a discussion about something that is currently shaking the foundations of the Italian yachting industry, yet very few brokers or dealers are openly talking about it with their clients.

We all know Ferretti Group (builders of Riva, Pershing, and Custom Line). They just reported a staggering €1.23 billion in revenue for 2025. But behind closed doors, a massive corporate war is tearing the boardroom apart.

Here is what is currently happening behind the scenes:

1. Espionage: Professional spy bugs and listening devices were discovered hidden in the Milan executive offices of their Chinese majority owners (Weichai Group).
   
   
2. The €111M Hijack: The company is sitting on exactly €111 million in pure, unspent cash. Now, Wall Street sharks (like Sardar Biglari) and Czech billionaires (KKCG) are launching aggressive takeover bids to seize control of that vault.
   
   
3. The Ferrari Rebellion: In a shocking plot twist just days ago, Piero Ferrari broke ranks with the Chinese management, officially advising shareholders to accept the Czech takeover, and is now selling his own shares!

As an industry advisor, I’ve been analyzing what this means for buyers. If you have a €20M+ deposit on a new build, this boardroom paralysis could lead to severe organizational delays or hidden cost-cutting.

I just published a deep-dive, 14-minute video breaking down this entire scandal, analyzing the May 14th board elections, and discussing whether buyers should safely jump ship to competitors like Sanlorenzo or Azimut right now.

To avoid forum spam filters, I won't drop a direct link. If you want to see the full breakdown and the documents:

Go to YouTube and search for: The Dark Scandal Behind Riva Yachts (Look for the thumbnail with the bank vault and the "€111M HIJACK" text).

I'd love to hear your thoughts on this. Will the Chinese government step in, or will the European billionaires take over? Would you still feel safe signing a 2-year new build contract with them today? Let's discuss below!

I made mistake..... one is enough

Thanks.