Lets Talk Finances

Provoking Discussion on Personal Finance and Investing

RACE - Ferrari N.V. ()

Overview

Company Summary


Ferrari N.V. is a company that operates in the automotive industry, specifically known for manufacturing luxury and high-performance sports cars. Founded in 1939 by Enzo Ferrari, the company is based in Maranello, Italy. Its primary business involves the design, engineering, production, and sale of high-end sports cars under the Ferrari brand.

Ferrari is renowned for its iconic and stylish vehicles that combine cutting-edge technology, superior performance, and distinctive Italian craftsmanship. The company's cars are a symbol of status, luxury, and speed, appealing to car enthusiasts and collectors worldwide.

In addition to manufacturing and selling cars, Ferrari is engaged in several related activities. They offer a range of personalization options to customers, allowing them to customize their vehicles according to their preferences. Ferrari also produces various branded merchandise, including apparel, accessories, and lifestyle products, catering to their brand's enthusiasts.

Furthermore, Ferrari participates in professional motorsport competitions, primarily through its Formula One team. The Scuderia Ferrari Formula One team has a rich history and is one of the most successful and recognized teams in the sport. Its participation in Formula One allows Ferrari to leverage the exposure and excitement generated by the race events to promote its brand and showcase its advanced automotive technology.

As a publicly traded company, Ferrari N.V. is listed on the New York Stock Exchange under the ticker symbol RACE. The company's operations and financial performance are closely monitored and analyzed by investors, automotive industry experts, and enthusiasts.

Notes (see all)

News