Ferrari has no plans to purchase other sports-car makers, the company's CEO Benedetto Vigna said on Monday.
"I do not think it makes sense for us to buy other supercar makers," Vigna said during a conference organized by Bloomberg, replying to a question about possible M&A operations by the Italian company.
"Ferrari is a high luxury (company) with technology playing an important role," he added, reiterating that its strategy relied more on partnerships and stressing the importance for luxury companies to maintain their so-called DNA.