Ferrari dealer in Rancho Mirage changes hands as Lapis Automotive takes over from Holand

Sale announced: who sold what, where and when

Holand Automotive Group said it has sold Ferrari Rancho Mirage to Lapis Automotive Group, a transfer announced on December 18, 2025. The deal hands control of the Rancho Mirage Ferrari dealership — including the showroom, service facility and the local franchise rights to sell and service Ferrari cars — to Lapis. The companies said the handover will take place immediately, with operations continuing from the same location in Rancho Mirage, California.

Deal specifics: what moved, who was involved and the timing

The sale covers the Ferrari dealership’s physical site in Rancho Mirage, its on-site service center, and the local inventory and customer records needed to run a luxury-brand dealer. Neither company disclosed a purchase price. Holand’s statement made clear the transfer also includes the local franchise agreement with Ferrari that allows the business to sell official Ferrari models and carry out warranty work.

Both sides described the agreement as an asset sale, not a merger. Holand will step away from running the Rancho Mirage outlet, while Lapis takes over day-to-day management and all customer-facing services. The companies said they have agreed a transition plan to hand over keys, service systems and staff files so the dealership can operate without interruption.

Who are Holand and Lapis, and what role does Todd Blue play?

Holand Automotive Group is a multi-dealer operator that has owned and run several car franchises in the region. It has been the public face of Ferrari in Rancho Mirage until now. Lapis Automotive Group is a dealer group that has been expanding into higher-end brands; the takeover puts it into the Ferrari network at the Rancho Mirage location.

Todd Blue, who has served as the local general manager for Ferrari Rancho Mirage, will be part of the transition. Company statements named him as a key figure in the handover. Lapis said it plans to work with existing management and staff to maintain the showroom’s service standards and customer relationships during the change of ownership.

What the sale means for employees and customers in Rancho Mirage

The two companies said they expect minimal disruption to customers. Service appointments and warranties will continue to be honored under the Ferrari franchise rules, and the service team is scheduled to remain on site during the handover. Both groups emphasized continuity of care for owners who rely on the dealership for repairs, maintenance and certified parts.

For employees, the agreement aims to preserve jobs by keeping the service and sales teams in place while Lapis installs its management processes. That said, changes in leadership often lead to shifts in operations, systems and supplier arrangements. Customers should notice little at first, but some back-office systems and branding details could change as Lapis integrates the store into its wider business.

Statements from the companies and next steps

In a joint release, Holand said it was “proud of the dealership’s service record” and that the firm believes Lapis is well placed to carry the business forward. Lapis said it was “excited to welcome Ferrari Rancho Mirage into our family of dealerships” and that it plans to focus on maintaining service levels and enhancing the customer experience.

Practical next steps include transferring service records, updating franchise paperwork with Ferrari, and a brief period where managers from both sides work together on scheduling, parts supply and customer communications. Media and customer inquiries about appointments and warranties will be handled by the Rancho Mirage location under Lapis’s contact details after the transfer.

How this fits with broader trends in the auto retail business

This sale is another example of consolidation in car retail, where regional and national dealer groups buy individual brand outlets. Luxury brands like Ferrari favor showrooms that deliver a particular level of service and brand presentation, which makes well-run dealers attractive targets. For buyers and owners, such transfers usually mean steadier backing from a larger group, though local changes are common as the new owner applies its systems and standards.

Overall, the handover looks designed to keep customers and staff working normally while changing who signs the checks. For Rancho Mirage owners and Ferrari fans, the showroom itself will stay in place — but the name on the leases and the manager’s office will soon read Lapis Automotive Group.

Sources

• prnewswire.com