Volkswagen has had their eyes on Ferrari for quite some time now. Since Ferrari split from Fiat in 2015, the German car company has been discussing buying out Ferrari. Well, a few days ago it finally happened. For the heavy price of $13 billion, Volkswagen Group acquired 90% of Ferrari after buying out the private shareholders. Piero Ferrari will still be holding onto his 10% of the company and major restructuring is expected in the coming weeks.

Matthias Müller, Volkswagen’s Chairman of the Board of Management, said that this deal was finally struck after months of negotiation with Sergio Marchionne, the former Chairman and CEO of Ferrari. Attempts to reach out and contact Marchionne have proven to be useless and Volkswagen would really appreciate his help at this time. They’re looking for his knowledge and expertise to make the right decisions and find the right direction for the newly acquired car manufacturer.

It’s going to be interesting to see what kind of changes we start seeing with Ferrari now. Ferrari has just launched the 812 Superfast, which is supposedly the final N/A V12 we are going to see from the Italian car manufacturer. However, since this change has now taken place we might see Volkswagen continue to push out more vehicles with these engines and try to keep the N/A engines around for another five or ten years.