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Milan Appeals Court Upholds Four-Year Sentence for Former Chamber President Irene Pivetti

Pivetti signals a Supreme Court appeal pending release of the ruling’s reasons.

Overview

  • The court confirmed the confiscation of roughly €3.4–3.5 million that had been frozen during the investigation.
  • The case concerns 2016 operations worth about €10 million centered on three Ferrari Granturismo and rights tied to the Isolani–Ferrari racing brand.
  • Prosecutors say a company linked to Pivetti, Only Italia, intermediated the deals, with a plan to buy the Isolani–Ferrari logo for €1.2 million and resell it to China’s Daohe for €10 million, while the cars were shifted to Spain.
  • Co-defendants Leonardo “Leò” Isolani and his wife Manuela Mascoli had two-year suspended sentences confirmed without entry on their criminal records.
  • Pivetti maintains her innocence, and a separate trial over mask imports during the pandemic continues and is not connected to this conviction.