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Billionaire Strnad Buys Ferrari Car Importer

Summary by Novinky.cz
Billionaire and owner of the Czechoslovak Group holding company Michal Strnad, who is the richest Czech according to some rankings, is buying the companies Scuderia SF Praha, Scuderia MC Praha and Scuderia Praha Racing, which are engaged in the import of Italian Ferrari cars, their service and racing activities.

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Billionaire and owner of the Czechoslovak Group holding company Michal Strnad, who is the richest Czech according to some rankings, is buying the companies Scuderia SF Praha, Scuderia MC Praha and Scuderia Praha Racing, which are engaged in the import of Italian Ferrari cars, their service and racing activities.

Michal Strnad is buying Scuderia, the transaction will still be reviewed by the antitrust office. The companies being purchased are engaged in the import of Italian Ferrari cars.

The acquisition spree of the most wealthy Czech arms manufacturer, Michal Strnad, continues outside the world of the defense industry. Outside the structure of his arms industry group, the Czechoslovak Group (CSG), he is competing for prestigious business, especially among domestic millionaires. Moreover, there are also well-known...

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Hospodářské Nnoviny (HN.cz) broke the news in on Thursday, September 4, 2025.
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