Steve Wynn Gives Ferrari Dealership the Boot
Sure, you may be beautiful but in Steve Wynn’s world you gotta turn a buck. Otherwise, you have to find some place else to live. Wynn’s self-named hotel, “The Wynn,” has evicted the Penske Wynn Ferrari showroom from its retail space. You know, the store where people ponied up $10 a head just to stroll among the beautiful machinery on display. RELATED: See More Photos of the Ferrari LaFerrari
Turns out, according to TMZ, the dealership wasn’t accumulating enough Benjamins in the 10,000 sq. ft. space. In effect, $200,000 Ferraris (and up) that are the envy of the world just didn’t sell in enough volume to justify the space.
After all, Wynn wants to fill his retail areas with stores that can sell you things like Brioni suits, Cartier watches, and Givenchy clothing. It’s in this rarefied universe that Ferrari was told it’s too lowbrow to make the cut.
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All is not lost, though. Floyd Mayweather will still have a place to buy his next Ferrari (even if he sold his Ferrari Enzo after less than a year). TMZ reports the dealership has already found a new home at Towbin Motorcar in Las Vegas, which sells new and used Rolls-Royces, Bentleys and Aston Martins.
What’s not known yet is the fate of Wynn’s auto museum that was part of the dealership. It’s probably not making the move.
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