Maranello (Italy), December 12, 2022 – 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
Tag: Ferrari
@Ferrari: FRED VASSEUR APPOINTED SCUDERIA FERRARI TEAM PRINCIPAL 000276
Maranello (Italy), December 13, 2022 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) today announced that Fred Vasseur will join Scuderia Ferrari on 9 January as Team Principal and General Manager. Vasseur has over 25 years of winning motor racing experience, commencing in the junior formulas and over the last decade in Formula 1.… Continue reading @Ferrari: FRED VASSEUR APPOINTED SCUDERIA FERRARI TEAM PRINCIPAL 000276
An Intense Year for Formula 1 Comes to an End
“We’ll come back from Abu Dhabi, we’ll spend the week after in the factory sorting things out and have a relatively easy week there, and then disappear for three or four weeks and have a good break.” Toto Wolff, the team principal of Mercedes, said “everyone is really at the limit.” That has prompted discussions… Continue reading An Intense Year for Formula 1 Comes to an End
What’s on the Radio? In Formula 1 Racing, It’s the Engineer.
Formula 1 drivers may look like they are alone in the car, but with the press of a button, they can turn to their teams for support and guidance. Radio communication is an important part of Formula 1 races. Drivers have a button on their steering wheel that will activate their radio, allowing them to… Continue reading What’s on the Radio? In Formula 1 Racing, It’s the Engineer.
@Ferrari: Ferrari N.v.: Periodic Report on the Buyback Program000275
Maranello (Italy), December 12, 2022 – 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 Program000275
Auto Roundup: AZO & THO’s Quarterly Results, BWA’s Spin-Off Plans & More
Last week, China Passenger Car Association (CPCA) released vehicle sales data for November. Per the agency, vehicle sales in China totaled 1.67 million units last month, down 9.5% year over year. This marked the first decline since May. On the news front, auto parts retailer AutoZone Inc. AZO and recreational vehicle (RV) maker Thor Industries THO reported quarterly… Continue reading Auto Roundup: AZO & THO’s Quarterly Results, BWA’s Spin-Off Plans & More
@VW Group: Audi in third place at the Gulf 12 Hours006297
Although all four Audi R8 LMS cars posted a combined 70 leading laps in the season finale of the Intercontinental GT Challenge, Audi Sport customer racing was denied another victory at the end of a great international endurance racing season. At the end of a race marked by many neutralizations at the Yas Marina Circuit… Continue reading @VW Group: Audi in third place at the Gulf 12 Hours006297
Car pictures of the week – Evo
The Czech-built Praga Bohema takes a different approach to the hypercar than most, swapping hybrid assistance and four-figure power for a focus on low kerb weight and lap times. Though development is still ongoing, evo’s Jethro Bovingdon had the chance to take an early look at a prototype, and we explore the highlights in this… Continue reading Car pictures of the week – Evo
The Christmas Miracle that saved Ferrari | GRR – Goodwood Road and Racing
As the challenging year of 2022 gradually draws to a close, so too does the 75th anniversary of one of a pair of post-war European sportscar-making greats. This past year has seen Goodwood – plus seemingly every other major global motoring venue and event – celebrating the revered Ferrari marque’s first 75 years as a… Continue reading The Christmas Miracle that saved Ferrari | GRR – Goodwood Road and Racing
This Formula 1 Season Was All Max Verstappen and Red Bull
Red Bull’s near-perfect season was marred in late October when it was punished for breaching the cost cap for 2021. Teams were allowed a budget of $145 million that season; Red Bull exceeded it by nearly $2 million. It was fined $7 million by the F.I.A., the sport’s governing body, and hit with a 10… Continue reading This Formula 1 Season Was All Max Verstappen and Red Bull