Ferrari to Stop Supplying Engines to Maserati

Ferrari NV, which was spun off from Fiat Chrysler Automobiles NV in 2015, will stop supplying engines to former sibling Maserati within three years.

Ferrari CEO Louis Camilleri says the change, which is expected to take effect in 2021 or 2022, will allow the supercar maker to better focus its resources and improve operating margins. The decision also will make Ferrari models even more exclusive.

Ferrari intends to introduce 15 new models by 2022 and offer a hybrid powertrain option in 60% of the vehicles it builds by then. The company also plans to add several V-6 engines in coming years.

Maserati has used Ferrari engines since 2002. Current Maserati models are powered by Ferrari’s 3.8-liter twin-turbo V-8, 3.0-liter twin-turbo V-6 and a naturally aspirated 4.7-liter V-8.

It’s not clear who will supply engines to Maserati after the Ferrari deal ends. But the company is committed to using piston engines—either on their own or as part of a hybrid system—for the foreseeable future, company officials said earlier this week.