Ferrari (RACE) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term… Continue reading Ferrari (RACE) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
Tag: Ferrari
German Manager Magazine: News about Continental, MG, Porsche, Volkswagen and more in the newsletter “manage:mobility”003458
Dear reader, Before we talk about the upcoming Olympic Games in Paris in this newsletter, a short excursion into Formula 1. It is exciting this season, the dominance of Red Bull driver Max Verstappen (26) is crumbling, as are his nerves. “It’s pretty impressive how we completely botched my race,” complained the Dutchman to his… Continue reading German Manager Magazine: News about Continental, MG, Porsche, Volkswagen and more in the newsletter “manage:mobility”003458
Ferrari to extend crypto payment system to European dealers
Ferrari will extend its cryptocurrency payment system to European dealers from the end of July in order to cater to evolving needs. The payment system was successfully launched in the US less than a year ago. Ferrari partners with Bitpay and accepts Bitcoin, Ethereum and the stablecoin USDC in the US. Ferrari expects to expand… Continue reading Ferrari to extend crypto payment system to European dealers
Supercars Market to Surge to US$ 71.9 Billion by 2034, Driven by Technological Showcase in Motorsports and Rising Electrification Trend | TMR
Innovations in automotive technology, such as advancements in electric drivetrains, hybrid systems, and autonomous driving features, are attracting customers seeking cutting-edge performance and sustainability. WILMINGTON, Del., July 24, 2024 /PRNewswire/ — The supercars market was projected to attain US$ 30.2 billion in 2023. It is likely to garner an 8.0% CAGR from 2024 to 2034, and by… Continue reading Supercars Market to Surge to US$ 71.9 Billion by 2034, Driven by Technological Showcase in Motorsports and Rising Electrification Trend | TMR
@VW Group: Mattia Binotto takes over a leadership position for Audi in Formula 1009032
Preparations for entering the highest class of motorsports are going full speed ahead at Audi. As part of the complete takeover of all shares in Sauber Holding AG and the associated realignment of the control structure, the management of the future Audi factory team is now being renewed. On August 1, the former F1 team… Continue reading @VW Group: Mattia Binotto takes over a leadership position for Audi in Formula 1009032
Ex-Ferrari F1 boss moves to Audi ahead of 2026 grid entry
Former Ferrari Formula 1 team boss Mattia Binotto will head up Audi’s F1 project ahead of the team’s inaugural entry in 2026 with Sauber. Sacked by Ferrari at the end of the 2022 campaign after several lukewarm seasons, Binotto – who joined the Scuderia in 1995 – takes over from Andreas Seidl, who was removed after… Continue reading Ex-Ferrari F1 boss moves to Audi ahead of 2026 grid entry
Corvette Bucked a Sports Cars Decline. Can It Thrive in an E.V. Era?
Sales of sports cars have been steadily declining for about three decades, but there has been one exception to that trend. The Chevrolet Corvette has recently stormed back to near-record popularity. Like the company that makes it, General Motors, the Corvette must now slalom around a trickier obstacle: transitioning to an electrified lineup, even as… Continue reading Corvette Bucked a Sports Cars Decline. Can It Thrive in an E.V. Era?
Ferrari and Other Car Brands Seek the Road to High-End Fashion
Ferrari is more than just a car company — it’s a lifestyle. Or so said John Elkann, the chief executive of Exor, the parent company of Ferrari, at a sports and fashion event held by The New York Times in Paris this month. But in a world in which Formula 1 and fashion increasingly mingle,… Continue reading Ferrari and Other Car Brands Seek the Road to High-End Fashion
@Ferrari: Ferrari N.V.: Periodic Report on the Buyback Program000386
Maranello (Italy), July 22, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth 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 Program000386
Ferrari N.V.: Periodic Report on the Buyback Program
Maranello (Italy), July 22, 2024 – Ferrari N.V. (NYSE/EXM: RACE) (“Ferrari” or the “Company”) informs that the Company has purchased, under the Euro 250 million share buyback program announced on June 28, 2024, as the fifth 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