Tag: Ferrari

Motorlux Features Automotive-Themed Culinary Pairings, First-Class Aircraft Display, and Expanded Experiences

The automotive and aviation celebration will also feature icons like the 2023 Cadillac V-Series.R, the Airbus Corporate Jets TwoTwenty, and hundreds of cars including a selection from the Broad Arrow RADIUS Auction. TRAVERSE CITY, Mich., Aug. 2, 2023 /PRNewswire/ — Motorlux, the automotive and aviation kick off to Monterey Car Week, will feature curated automotive-themed food… Continue reading Motorlux Features Automotive-Themed Culinary Pairings, First-Class Aircraft Display, and Expanded Experiences

Ferrari nudges up year forecasts after Q2 results, investors unimpressed

Formula One F1 – British Grand Prix – Silverstone Circuit, Silverstone, Britain – July 7, 2023 Ferrari logo is pictured on a front wing during practice REUTERS/Andrew Boyers/File photo Summary Companies Sees adj. EBITDA of 2.19-2.22 bln euros this year Forecast on FY EBITDA margin unchanged at 38% FY revenue expected to grow to around… Continue reading Ferrari nudges up year forecasts after Q2 results, investors unimpressed

@Ferrari: Ferrari Upgrades 2023 Guidance on Exceptional Q2 2023 Results and Business Outlook000325

FERRARI UPGRADES 2023 GUIDANCE ON EXCEPTIONAL Q2 2023 RESULTS AND BUSINESS OUTLOOK Maranello (Italy), August 2, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announces its consolidated preliminary results for the second quarter and six months ended June 30, 2023: Net revenues of Euro 1,474 million, up 14.1% versus prior year, with… Continue reading @Ferrari: Ferrari Upgrades 2023 Guidance on Exceptional Q2 2023 Results and Business Outlook000325

Lamborghini could hit 10,000 sales this year, CEO says

Summary Companies Revenues up 6.7% in H1 to 1.42 bln euros Operating income up 7.2% in H1 to 456 mln euros Shipped 5,341 cars globally in H1, 1,625 in the U.S. EMEA largest region with 2,285 cars shipped in H1 MILAN, July 31 (Reuters) – Lamborghini could sell 10,000 cars this year for the first… Continue reading Lamborghini could hit 10,000 sales this year, CEO says

Ferrari N.v.: Periodic Report on the Buyback Program

Maranello (Italy), July 31, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 200 million share buyback program announced on June 27, 2023, as the third tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in… Continue reading Ferrari N.v.: Periodic Report on the Buyback Program

@Ferrari: Ferrari N.v.: Periodic Report on the Buyback Program000324

Maranello (Italy), July 31, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 200 million share buyback program announced on June 27, 2023, as the third tranche of the multi-year share buyback program of approximately Euro 2 billion expected to be executed by 2026 in… Continue reading @Ferrari: Ferrari N.v.: Periodic Report on the Buyback Program000324

Brad Pitt Is Making a Movie About Formula 1

Hollywood has produced a number of car-racing movies over the years. There have been “Grand Prix,” “Le Mans,” “Days of Thunder” and “Ford v Ferrari.” The latest, as-yet-untitled picture from Apple Studios, Plan B Entertainment and Jerry Bruckheimer Films is set in the world of Formula 1. It is about the fictional team APXGP and… Continue reading Brad Pitt Is Making a Movie About Formula 1

German FAZ: Where is Ferrari driving? 006591

Ferrari must make fewer mistakes, says race director Frédéric Vasseur. Image: picture alliance / HIGH TWO Red Bull dominates Formula 1 – this is not only due to their own strengths, but also to the weaknesses of others. Ferrari, for example, is in a desolate state – measured by its own standards. Who is responsible… Continue reading German FAZ: Where is Ferrari driving? 006591