Penske Sells Ferrari-Maserati Dealership Located in Las Vegas Hotel

Penske Automotive Group and the Wynn Las Vegas hotel and casino have sold a Ferrari-Maserati dealership they operated off the Wynn lobby for the past 10 years, Automotive News reports.

The 10,000-sq-ft facility, which charged visitors $10 each to see the cars, displayed about 50 models. Penske Automotive says the store is being sold to an unnamed new owner, who will reopen it elsewhere in the Las Vegas area.

Penske says the decision to sell was unrelated to the store’s sales volumes. The facility is the only one in Nevada to represent Ferrari and Maserati brands, according to AN. Wynn tells the newspaper the dealership was not evicted.