Geely’s Lotus going public via SPAC at $5.4 billion valuation

 Lotus Technology, the electric-car maker owned by China’s Zhejiang Geely Holding Group Co., agreed to merge with a blank-check company in a transaction that values the combined entity at about $5.4 billion. L Catterton Asia Acquisition Corp. will combine with the EV making subsidiary of the British carmaking group that Geely acquired back in 2017,… Continue reading Geely’s Lotus going public via SPAC at $5.4 billion valuation

@Ferrari: FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM000286

Maranello (Italy), February 1, 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: FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM000286

FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM

Maranello (Italy), February 1, 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

From the archive: on this day in 1954

Sorry, Formula 1 in January? Yes, from 1954 to 1958, the season began in Argentina, four months before the European tour started. The nation’s first championship grand prix was historic because it was the first outside Europe, the first under the 2.5-litre formula (after two years of F2 cars having to be used) and fantastic… Continue reading From the archive: on this day in 1954

ACI launches phase 2 of ticket sales for the Imola and Monza GPs

31.01.2023 150,000 coupons available for the two F1 races The Automobile Club of Italy has launched the second phase of ticket sales for the two Italian Formula 1 stages of the 2023 season: the Made in Italy and Emilia Romagna Grand Prix – sixth round of the world championship series, now in its 4th edition,… Continue reading ACI launches phase 2 of ticket sales for the Imola and Monza GPs

2023 Corporate Calendar

Maranello (Italy), 30 January 2023 – Ferrari N.V. (the “Company”) (NYSE/EXM: RACE) announced today the following corporate calendar for year 20231: Earnings Releases 2 February 2023 – Group results for 4th quarter and full-year 20224 May 2023 – Group results for 1st quarter 20232 August 2023 – Group results for 2nd quarter 20232 November 2023… Continue reading 2023 Corporate Calendar

@Ferrari: 2023 Corporate Calendar000285

Maranello (Italy), 30 January 2023 – Ferrari N.V. (the “Company”) (NYSE/EXM: RACE) announced today the following corporate calendar for year 20231: Earnings Releases 2 February 2023 – Group results for 4th quarter and full-year 20224 May 2023 – Group results for 1st quarter 20232 August 2023 – Group results for 2nd quarter 20232 November 2023… Continue reading @Ferrari: 2023 Corporate Calendar000285

Now is the time to build your own supercar – which one would you … – The Telegraph

Napoleon once described Britain as a nation of shopkeepers, but the midnight oil is now burning brightest in our garage workshops.  Locked up for weeks on end during the pandemic, a growing band of “garagistas” rediscovered their DIY skills and made busy with the toolbox. Despite “garagistas” being intended as a derogatory term for privateer… Continue reading Now is the time to build your own supercar – which one would you … – The Telegraph

German Handelsblatt: Volkswagen subsidiary: Strong returns and new electric model – Porsche starts 2023 with a lot of optimism006053

Porsche feiert Geburtstag mit einem neuen Auto Vorstandschef Oliver Blume und die Designstudie Porsche Vision 357: Mit dem Auto erinnert die VW-Tochter an ihre lange Historie. (Foto: Reuters) Porsche geht mit Zuversicht in das gerade begonnene neue Jahr. Wie am Rande einer Produktpräsentation in Berlin aus Unternehmenskreisen verlautete, rechnet die Volkswagen-Tochter insbesondere in China nach dem… Continue reading German Handelsblatt: Volkswagen subsidiary: Strong returns and new electric model – Porsche starts 2023 with a lot of optimism006053

German Handelsblatt: Volkswagen subsidiary: Strong returns and new electric model – Porsche starts 2023 with a lot of optimism006052

Porsche feiert Geburtstag mit einem neuen Auto Vorstandschef Oliver Blume und die Designstudie Porsche Vision 357: Mit dem Auto erinnert die VW-Tochter an ihre lange Historie. (Foto: Reuters) Porsche geht mit Zuversicht in das gerade begonnene neue Jahr. Wie am Rande einer Produktpräsentation in Berlin aus Unternehmenskreisen verlautete, rechnet die Volkswagen-Tochter insbesondere in China nach dem… Continue reading German Handelsblatt: Volkswagen subsidiary: Strong returns and new electric model – Porsche starts 2023 with a lot of optimism006052