Ferrari N.V. Common Shares (RACE)
Frequently Asked Questions About Ferrari N.V. Common Shares (RACE)
How does Ferrari approach sustainability?
Ferrari is increasingly focused on sustainability and reducing its environmental impact. The company aims to incorporate electric technologies alongside its traditional V8 and V12 engines, investing in hybrid systems and sustainable manufacturing processes to meet future regulations and the demands of an evolving market.
How does Ferrari contribute to motorsport?
Ferrari's contributions to motorsport go beyond its successful participation in Formula 1; the company also supports various racing series and development programs. Through its involvement, Ferrari helps cultivate new generations of drivers and engineers while pushing the boundaries of automotive technology and performance.
How does Ferrari engage with its customers?
Ferrari engages with its customers through exclusive events, driving experiences, and personalized services. The Ferrari Cavalcade, for instance, offers owners the chance to drive their cars on scenic routes, while the Fiorano track allows customers to experience the brand's performance capabilities firsthand.
How does Ferrari maintain its exclusivity?
Ferrari maintains its exclusivity through limited production runs, bespoke customization options, and a focus on customer experience. By ensuring that the number of vehicles produced remains low relative to demand, Ferrari cultivates a sense of prestige and desirability, enhancing its luxury brand image.
What are Ferrari's recent financial highlights?
Ferrari has demonstrated robust financial performance in recent years, marked by increasing revenues driven by strong demand for its exclusive models. The company regularly reports significant growth in both sales and profit margins, underscoring its status as a premium automotive manufacturer with a loyal customer base.
What are some of Ferrari's most famous models?
Some of Ferrari's most famous models include the Ferrari 250 GTO, LaFerrari, and the F40. Each of these models is celebrated for its design, performance, and iconic status in automotive history, appealing to collectors and enthusiasts alike.
What distinguishes Ferrari from other car manufacturers?
Ferrari's distinction lies in its unique blend of performance, exclusivity, and luxury. The brand's strong heritage in motorsport, particularly Formula 1, reinforces its commitment to innovation and excellence. Each Ferrari vehicle is crafted with meticulous attention to detail, making it a symbol of status and desirability.
What does Ferrari N.V. do?
Ferrari N.V. is an iconic luxury sports car manufacturer known for its high-performance vehicles that blend cutting-edge technology with Italian craftsmanship. The company is renowned for its history in motorsport, particularly Formula 1, where it has garnered a global reputation for speed, innovation, and design excellence.
What does the Ferrari brand represent?
The Ferrari brand represents the pinnacle of performance, luxury, and Italian craftsmanship in the automotive world. It embodies a spirit of excellence, innovation, and passion for motorsport that resonates with enthusiasts and collectors internationally.
What future plans does Ferrari have?
Ferrari plans to expand its model lineup, including the introduction of hybrid and fully electric vehicles by the end of the decade. The company aims to maintain its performance heritage while embracing sustainability, thereby appealing to a broader customer base in the premium automotive market.
What is Ferrari's Formula 1 history?
Ferrari has an illustrious history in Formula 1, being one of the founding teams in the sport. With numerous Constructors' and Drivers' Championships under its belt, including legendary drivers like Michael Schumacher, the brand has become synonymous with racing success and technical excellence in the motorsport world.
What is the price range of Ferrari vehicles?
Ferrari vehicles typically start at around $200,000 and can go well above $1 million, depending on the model and level of customization. The exclusivity and luxury associated with Ferrari vehicles often result in high resale values, emphasizing their status as prized collectibles.
What is the significance of the Ferrari Club?
The Ferrari Club serves as a global community for Ferrari enthusiasts and owners, providing a platform for networking, sharing experiences, and participating in exclusive events. Membership enhances the ownership experience, allowing for deeper engagement with the brand and fellow collectors.
What is the significance of the Ferrari logo?
The Ferrari logo, featuring a prancing horse and the colors of the Italian flag, symbolizes speed, power, and luxury. The prancing horse was originally the symbol of Italian World War I flying ace Francesco Baracca, and Enzo Ferrari adopted it as a tribute while also representing the spirit of racing.
What kind of investments is Ferrari making in technology?
Ferrari is investing heavily in research and development to enhance vehicle performance and integrate advanced technologies such as artificial intelligence, autonomous driving assistance, and hybrid and electric drivetrains, ensuring it remains at the forefront of automotive innovation.
What types of vehicles does Ferrari produce?
Ferrari primarily produces high-performance sports cars, supercars, and hypercars, renowned for their speed, performance, and luxury. The product line includes limited-edition and special series vehicles, as well as a limited range of merchandise and lifestyle products that embody the Ferrari brand.
When was Ferrari founded?
Ferrari was founded in 1939 by Enzo Ferrari under the name Auto Avio Costruzioni. The first car to bear the Ferrari name was the 125 S, produced in 1947, marking the beginning of what would become a legendary automotive brand celebrated around the world.
Where is Ferrari headquartered?
Ferrari N.V. is headquartered in Maranello, Italy, a town notable for its rich automotive history and as the heart of Ferrari's design, engineering, and manufacturing operations.
Who owns Ferrari?
Ferrari is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol RACE. While the company has a wide array of institutional and individual shareholders, a significant portion of the company is owned by Exor N.V., the holding company of the Agnelli family, which has a long-standing relationship with Ferrari.
What is the current price of Ferrari N.V. Common Shares?
The current price of Ferrari N.V. Common Shares is 438.54
When was Ferrari N.V. Common Shares last traded?
The last trade of Ferrari N.V. Common Shares was at 7:00 pm EDT on April 2nd, 2025
What is the market capitalization of Ferrari N.V. Common Shares?
The market capitalization of Ferrari N.V. Common Shares is 81.02B
How many shares of Ferrari N.V. Common Shares are outstanding?
Ferrari N.V. Common Shares has 184.75M shares outstanding.