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General Description

Ferrari

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Ticker: RACE

Sector: Automobiles

Ferrari N.V. engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration.
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Extended Summary

Ferrari

Ferrari N.V., through its subsidiaries, engages in design, engineering, production, and sale of luxury performance sports cars worldwide. The company offers range, special series, Icona, and supercars; limited edition supercars and one-off cars; and track cars. It also provides racing cars, and spare parts and engines, as well as after sales, repair, maintenance, and restoration services for cars; and licenses its Ferrari brand to various producers and retailers of luxury and lifestyle goods. In addition, the company operates Ferrari museums in Modena and Maranello; Il Cavallino restaurant in Maranello; and theme parks in Abu Dhabi and Spain. Further, it provides direct or indirect finance and leasing services to retail clients and dealers; manages racetracks; develops and sells a range of apparel and accessories; and operates franchised and owned Ferrari stores. The company also sells its products through a network of authorized dealers operating points of sale, as well as through its website. Ferrari N.V. was founded in 1947 and is headquartered in Maranello, Italy.

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February 23, 2024 9:46 (London Time)

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Charles Leclerc has reportedly agreed a new five-year deal with Ferrari. The 26-year-old has not claimed a victory since July 2022. Talks are ongoin…
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May 15, 2023 5:12 (London Time)

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