RACE 📈 Ferrari - Overview

Ferrari N.V. is a global luxury performance sports car manufacturer that operates through its subsidiaries, designing, engineering, producing, and selling high-end vehicles worldwide. The company's product portfolio includes a range of models, such as the special series, Icona, and supercars, which are designed to provide exceptional performance and unique driving experiences. Additionally, Ferrari offers limited edition supercars and one-off cars, which are tailored to meet the specific needs of individual clients. Its track cars, on the other hand, are designed for racing enthusiasts, providing a unique opportunity to experience the thrill of racing on a professional track.

Beyond its core business of manufacturing and selling luxury sports cars, Ferrari also provides a range of related services, including after-sales support, repair, maintenance, and restoration services for its vehicles. The company's racing cars, spare parts, and engines are also available for purchase, catering to the needs of racing teams and enthusiasts. Furthermore, Ferrari licenses its brand to various producers and retailers of luxury and lifestyle goods, allowing them to create high-end products that reflect the company's values and style. This strategic move enables Ferrari to expand its reach and presence in the global market, while also generating additional revenue streams.

Ferrari's business operations extend beyond the automotive industry, with the company managing and operating several theme parks, including those in Abu Dhabi and Spain. These theme parks offer a unique entertainment experience, allowing visitors to immerse themselves in the world of Ferrari and enjoy thrilling rides and attractions. The company also operates franchised and owned Ferrari stores, as well as the Il Cavallino restaurant in Maranello, providing a range of apparel, accessories, and dining experiences that reflect the Ferrari brand. Moreover, Ferrari provides direct or indirect finance and leasing services to retail clients and dealers, making it easier for customers to purchase and own a Ferrari vehicle.

With a strong online presence, Ferrari sells its products through a network of authorized dealers operating points of sale, as well as through its website. This multi-channel approach enables the company to reach a wider audience and provide customers with a seamless and convenient purchasing experience. Founded in 1947 and headquartered in Maranello, Italy, Ferrari N.V. has established itself as a leading player in the global luxury sports car market, with a reputation for excellence, innovation, and style. The company's common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol RACE, and its ISIN is NL0011585146, classified under the GICS Sub Industry of Automobile Manufacturers.