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

aranello (Italy), February 27, 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 December 1, 2022, as the second 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 Releases Its 2022 Annual Report and Files Annual Report on Form 20-F

Maranello (Italy), February 24, 2023 – Ferrari N.V. (NYSE/EXM: RACE) announced today that it has published its 2022 Annual Report and filed its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2022, with the United States Securities and Exchange Commission. Ferrari’s 2022 Annual Report and annual report on… Continue reading Ferrari Releases Its 2022 Annual Report and Files Annual Report on Form 20-F

@Ferrari: Ferrari Releases Its 2022 Annual Report and Files Annual Report on Form 20-F000293

Maranello (Italy), February 24, 2023 – Ferrari N.V. (NYSE/EXM: RACE) announced today that it has published its 2022 Annual Report and filed its annual report on Form 20-F, including financial statements for the fiscal year ended December 31, 2022, with the United States Securities and Exchange Commission. Ferrari’s 2022 Annual Report and annual report on… Continue reading @Ferrari: Ferrari Releases Its 2022 Annual Report and Files Annual Report on Form 20-F000293

@Ferrari: Dividend Distribution Proposal000292

Maranello (Italy), February 24, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (the “Company”) announced today that its Board of Directors intends to recommend to the Company’s shareholders a dividend distribution to the holders of common shares of Euro 1.810 per common share, implying an increase of 33% compared to the prior year and corresponding to a… Continue reading @Ferrari: Dividend Distribution Proposal000292

Dividend Distribution Proposal

Maranello (Italy), February 24, 2023 – Ferrari N.V. (NYSE/EXM: RACE) (the “Company”) announced today that its Board of Directors intends to recommend to the Company’s shareholders a dividend distribution to the holders of common shares of Euro 1.810 per common share, implying an increase of 33% compared to the prior year and corresponding to a… Continue reading Dividend Distribution Proposal

All-electric Pininfarina Battista sets new Indian top speed record: 358.03kph

The world’s fastest accelerating production car broke a series of speed records at India’s NATRAX test facility in February.  The pure-electric Battista by Automobili Pininfarina secured its place as the fastest in the world to complete the quarter-mile and half-mile sprints, in doing so taking the title of fastest road-legal car ever on Indian soil. … Continue reading All-electric Pininfarina Battista sets new Indian top speed record: 358.03kph

All-electric Pininfarina Battista sets new Indian top speed record: 358.03kph

The world’s fastest accelerating production car broke a series of speed records at India’s NATRAX test facility in February.  The pure-electric Battista by Automobili Pininfarina secured its place as the fastest in the world to complete the quarter-mile and half-mile sprints, in doing so taking the title of fastest road-legal car ever on Indian soil. … Continue reading All-electric Pininfarina Battista sets new Indian top speed record: 358.03kph

Firestone Dubs the 2023 NTT INDYCAR SERIES Season the ‘Most Sustainable Season of Motorsports Ever’

Firestone Firehawk race tires made with sustainable, domestically sourced guayule rubber will serve as the alternative tire for all five street races in the upcoming 2023 NTT INDYCAR® SERIES season. Bridgestone’s Advanced Tire Production Center, manufacturer of all Firestone Firehawk race tires, has received ISCC PLUS certification for traceability and transparency of sustainable raw materials. The… Continue reading Firestone Dubs the 2023 NTT INDYCAR SERIES Season the ‘Most Sustainable Season of Motorsports Ever’

Bentley to end production of ultra-performance 12-cylinder engine as it transitions to EVs

A staff member checks a Bentayga SUV on the Bentley production line at their factory in Crewe, Britain, December 7, 2022.  Phil Noble | Reuters Bentley Motors plans to end production of its 12-cylinder engine next April as the famed luxury carmaker transitions to electric vehicles. The British automaker of ultra-luxury performance cars said the… Continue reading Bentley to end production of ultra-performance 12-cylinder engine as it transitions to EVs

Pirelli sees scope for higher 2023 revenues after strong results, article with image

Feb 22 (Reuters) – Italian tyremaker Pirelli (PIRC.MI) said on Wednesday it expects revenues this year of some 6.6-6.8 billion euros, at least in line with the better-than-expected figure for 2022. Revenues at the group totalled 6.62 billion euros ($7.03 billion) in 2022, beating a target of about 6.5 billion euros which was set only… Continue reading Pirelli sees scope for higher 2023 revenues after strong results, article with image