The title sounds absurd, but it is the fact, though both a from a very different genre, they valuation of both the company is almost the same in terms of the price.
Ferrari S.p.A. is an Italian Â sports car manufacturer based in Â Maranello, Â Italy. Founded by Â Enzo Ferrari in 1929, as Â Scuderia Ferrari, the company sponsored drivers and manufactured race cars before moving into production of street-legal vehicles as Ferrari Â S.p.A. in 1947. Throughout its history, the company has been noted for its continued participation in Â racing, especially in Â Formula One, where it has had great success.
Ferrari was founded by Enzo Ferrari in 1929 with the headquaters in Maranello, Â Italy
The Â Indian Premier League (often abbreviated as Â IPL) is a domestic professional league for Â Twenty20 cricket competition in India was founded in 2008. It was initiated by the Â Board of Control for Cricket in India (BCCI) headquartered in Â Mumbai Â supervised by BCCI Vice President Â Chirayu Amin, current chairman & commissioner of IPL, and CEO, Â Sundar Raman. It currently contested by 10 teams (franchises) consisting of players from different countries. It was started after an altercation between the BCCI and the Â Indian Cricket League.
In 2010, the Brand value of Ferrari was approx USD 4.3 Billion after Â Fiat brought back Ferrari stake from Mubadala(via thenational.ae), FIAT is the owner of the brand Ferrari.
In 2010, IPL was valuated to about USD 4.13 Billion, According to global sports salaries review, IPL is the second highest-paid league, based on first-team salaries on a Â pro rata basis, second only to the Â NBA.
I thought it would be fun to compare two companies from varied field.
3 year old kid compared to a 80 year of heritage, unfair or innovative, you decide.