Scuderia South Africa, the official Ferrari distributor in Southern Africa, has announced that Smartgrowth Investments Proprietary Limited, with André Rossouw as its Chief Executive Officer, has acquired all the equity in the group.
Share with friends
This follows the successful conclusion of negotiations, which commenced in November 2022 for the purchase of shares from the company's previous shareholders.
Moving into the future, André Rossouw brings a wealth of experience, having previously served in several senior management positions in the luxury sports car business over the last 15 years.
He will steer the company into the future for the benefit of the brand and all its customers, according to a statement.
Scuderia Johannesburg in Bryanston.
Scuderia South Africa's senior management and all members of the team at Scuderia South Africa will continue to serve our customers and friends, ensuring the continuity of the highest level of excellence for which the Ferrari brand is known.
"These are certainly exciting times for Ferrari in South Africa, and we look forward to supporting this amazing brand under the new ownership structure," commented André Rossouw, the new Chief Executive Officer at Scuderia South Africa.
Tailor-made components and accessories are part of the this luxury brand.
Celebrating its 50th anniversary as the official Ferrari dealer, Scuderia South Africa has extensive plans for the remainder of 2023. Two new models, the Ferrari Purosangue and the Ferrari Roma Spider, are set to debut in South Africa in the fourth quarter of this year, further bolstering the line-up of supercars already available to our discerning customers.
"Our world-class showrooms will continue to provide a unique glimpse into the world of Ferrari. It remains a hub where customers and enthusiasts can appreciate the vehicles and learn more about the proud heritage of the brand," André concludes.
Founded in 1973, Scuderia South Africa is the official Ferrari dealer in South Africa. This year, 2023, marks a major milestone for the company, as it celebrates 50 years of success as the official Ferrari dealer in South Africa.
Lepas, part of the global Chery Group, will officially enter the South African market in February 2026, bringing a new vision of modern automotive elegance with the L4, L6 and flagship L8, the brand says.
After leading and contributing to an impressive 12 000 vehicle sales at Hyundai Automotive South Africa over a 16-year career, Siya Qamba has been rewarded with a senior executive role, effective January 2026.
After leading and contributing to an impressive 12 000 vehicle sales at Hyundai Automotive South Africa over a 16-year career, Siya Qamba has been rewarded with a senior executive role, effective January 2026.
Over the past six years, South Africa has witnessed a marked rise in the monthly repayments agreed upon by vehicle buyers, with the sharpest increases seen among those financing used cars rather than new ones.