Headquartered in Maranello, MO Fiscal year ends December NYSE: RACE ferrari.com
Ferrari N.V. designs, engineers, produces, and sells luxury performance sports cars globally. The company's product portfolio includes internal combustion engine and hybrid models spanning range cars, special series, supercars, and one-off vehicles. Ferrari generates revenue from car sales and spare parts, personalization programs (including the Tailor Made program), sponsorship and commercial activities tied to its Formula 1 and World Endurance Championship racing teams, lifestyle collections, merchandising, licensing, and financial services. The company's U.S. subsidiary, Ferrari Financial Services Inc., offers retail client financing for Ferrari car purchases in the United States, while Ferrari Financial Services GmbH (a 49.9%-owned partnership with CA Auto Bank/Crédit Agricole) provides retail financing in certain EMEA markets. Ferrari operates manufacturing facilities in Maranello and Modena, Italy, and manages the Mugello racetrack. The company sells through a network of 182 authorized dealers operating 196 points of sale in more than 60 markets worldwide, complemented by 16 directly operated stores and 2 franchised stores. Ferrari pursues a controlled volume strategy to preserve brand exclusivity, with shipments allocated across EMEA, the Americas, Greater China, and Asia Pacific regions. Ferrari is actively investing in hybrid and electric powertrain technologies, with a new paint shop under construction targeted for 2027 inauguration. The company also rents engines to other Formula 1 racing teams and holds Liberty Media Corporation shares related to Formula 1 promotion. Updated
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Ferrari N.V. designs, engineers, produces, and sells luxury performance sports cars globally. The company's product portfolio includes internal combustion engine and hybrid models spanning range cars, special series, supercars, and one-off vehicles.
24/7 Wall St.'s 12-month price target for RACE is $506.49, rated Buy. The Wall Street consensus target is $452.58. RACE price prediction →
