Tag: Ferrari

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

FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM Maranello (Italy), July 7, 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… Continue reading Ferrari N.v.: Periodic Report on the Buyback Program

Ferrari N.V. Announces Cash Tender Offer on Euro Notes Issued by Ferrari N.V.

Maranello, Italy 6 July 2023 – Ferrari N.V. (NYSE/EXM: RACE) (Ferrari or the Company) announces an invitation to eligible holders (subject to the offer restrictions referred to below) of the Company’s outstanding €650,000,000 1.500 per cent. Notes due 27 May 2025 (ISIN: XS2180509999) (the Notes) to tender their Notes for purchase by the Company for… Continue reading Ferrari N.V. Announces Cash Tender Offer on Euro Notes Issued by Ferrari N.V.

Imola and Monza among the 24 GPs of 2024, the president Sticchi Damiani: “Now the commitment is to guarantee the presence of F.1 in Italy in the long term”

Imola and Monza among the 24 GPs of 2024, the president Sticchi Damiani: “Now the commitment is to guarantee the presence of F.1 in Italy in the long term” 06.07.2023 Rome, 5 July 2023. Italy confirms its central role in the Formula 1 World Championship: again next season there will be two appointments in our… Continue reading Imola and Monza among the 24 GPs of 2024, the president Sticchi Damiani: “Now the commitment is to guarantee the presence of F.1 in Italy in the long term”

@Ferrari: Ferrari N.V. Announces Cash Tender Offer on Euro Notes Issued by Ferrari N.V.000318

Maranello, Italy 6 July 2023 – Ferrari N.V. (NYSE/EXM: RACE) (Ferrari or the Company) announces an invitation to eligible holders (subject to the offer restrictions referred to below) of the Company’s outstanding €650,000,000 1.500 per cent. Notes due 27 May 2025 (ISIN: XS2180509999) (the Notes) to tender their Notes for purchase by the Company for… Continue reading @Ferrari: Ferrari N.V. Announces Cash Tender Offer on Euro Notes Issued by Ferrari N.V.000318

@VW Group: Four Porsche 963 tackle the six-hour race in Monza007516

Preview In addition to its two hybrid prototypes and the Porsche 963 from Hertz Team Jota, the LMDh hypercar fielded by the customer team Proton Competition will also compete in Italy for the first time. In the GTE Am class, five 911 RSR will battle for positions, points and prizes. The FIA World Endurance Championship… Continue reading @VW Group: Four Porsche 963 tackle the six-hour race in Monza007516

@niche: Hennessey Celebrates ‘Sweet 16’ Venom F5 Hypercar Delivery002799

Sealy, Texas (July 4, 2023) – Hennessey Special Vehicles, the world-renowned Texas-based hypercar manufacturer, is celebrating a ‘Sweet 16’ milestone with its 16th Venom F5 delivery to a VIP client in Houston, Texas. Rafael ‘Rafa’ Martinez, founder and principal of Rafa Racing, took delivery of the most recent Venom F5 to leave Hennessey’s Texas facility… Continue reading @niche: Hennessey Celebrates ‘Sweet 16’ Venom F5 Hypercar Delivery002799

5 automakers to recall over 92K vehicles over faulty parts in South Korea

Hyundai, BMW, and other automakers recall over 92,000 vehicles for faulty components In a voluntary move, Hyundai Motor, BMW Korea, and three other companies have announced a recall of more than 92,000 vehicles to rectify faulty components, according to a statement by the Ministry of Land, Infrastructure, and Transport on Wednesday. The companies involved in… Continue reading 5 automakers to recall over 92K vehicles over faulty parts in South Korea

Montreal-based Dealership Group Acquires Ferrari South Bay in California

MONTREAL, July 4, 2023 /PRNewswire/ – Holand Automotive Group, one of Canada’s leading luxury automotive retailers and owner of Ferrari Quebec in Montreal, has just acquired Ferrari South Bay, a premier dealership located in Torrance, in the Greater Los Angeles Area. The acquisition marks the Group’s first foray in California, a region renowned for its… Continue reading Montreal-based Dealership Group Acquires Ferrari South Bay in California

At 24 Hours of Le Mans, Toyota Faces New Challengers

For the first time since 2017, the 24 Hours of Le Mans in France will feature a handful of cars from the major automakers this weekend, competing for the top prize. Toyota, which has won the last five years as the only big automaker, now faces a crowded field. Fighting for overall victory will also… Continue reading At 24 Hours of Le Mans, Toyota Faces New Challengers