Erkan and his siblings agree to pay 175 million euros to settle the Italian tax case.

According to informed sources, John Elkann of the Agnelli family and his siblings Lapo and Ginevra have agreed to pay approximately 175 million euros to the Italian tax authorities to settle an investigation into alleged tax evasion. A spokesperson for the siblings confirmed on Sunday that they have reached an agreement with the Italian tax authorities. The spokesperson did not confirm the total amount paid. The figure was disclosed by individuals who spoke on condition of anonymity as they were not authorized to make public statements. Elkann is the chairman of the Stellantis group and also the chairman of the holding company Exor NV, which controls Ferrari and Juventus football club.