Exhibit 8.1

Subsidiaries at December 31, 2018:

Name	Country	Nature of business	Shares held by the Group		Shares held by NCI
Directly held interests
Ferrari S.p.A.	Italy	Manufacturing	100	%	—	%
Indirectly held through Ferrari S.p.A.
Ferrari North America Inc.	USA	Importer and distributor	100	%	—	%
Ferrari Japan KK	Japan	Importer and distributor	100	%	—	%
Ferrari Australasia Pty Limited	Australia	Importer and distributor	100	%	—	%
Ferrari (HK) Limited	Hong Kong	Importer and distributor	100	%	—	%
Ferrari International Cars Trading (Shanghai) Co. L.t.d.	China	Importer and distributor	80	%	20	%
Ferrari Far East Pte Limited	Singapore	Service company	100	%	—	%
Ferrari Management Consulting (Shanghai) Co. L.t.d.	China	Service company	100	%	—	%
Ferrari South West Europe S.a.r.l.	France	Service company	100	%	—	%
Ferrari Central East Europe GmbH	Germany	Service company	100	%	—	%
G.S.A. S.A.	Switzerland	Service company	100	%	—	%
Mugello Circuit S.p.A.	Italy	Racetrack management	100	%	—	%
Ferrari Financial Services Inc.	USA	Financial services	100	%	—	%
Indirectly held through other Group entities
Ferrari Auto Securitization Transaction, LLC (1)	USA	Financial services	100	%	—	%
Ferrari Auto Securitization Transaction - Lease, LLC (1)	USA	Financial services	100	%	—	%
Ferrari Auto Securitization Transaction - Select, LLC (1)	USA	Financial services	100	%	—	%
Ferrari Financial Services Titling Trust (1)	USA	Financial services	100	%	—	%
410, Park Display Inc. (2)	USA	Retail	100	%	—	%

______________________________

(1) Shareholding held by Ferrari Financial Services Inc. ("FFS Inc")

(2) Shareholding held by Ferrari North America Inc.