News Details
Ferrari profits boom as road car sales soar
Luxury Italian sports carmaker Ferrari announced this week that profits soared 38 percent in its first year as a stand-alone company, thanks to higher volumes of the 488 mid-engine family that is key to the company's growth plans. Ferrari, based in the northern Italian city of Maranello, reported net profit of 400 million euros ($432 million), up from 290 million euros last year. Shipments last year rose 4.6 percent to 8,014 vehicles, while net revenues increased 9 percent to 3.1 billion euros. 'It's been a good year,' CEO Sergio Marchionne told an analyst conference call. 'We have been satisfied with the progress we have made' since spinning off the brand last January and going public....
Full Story »
Full Story »
8y ago from GrandPrix247.com
0
You May Also Be Interested In...
Prost: To win Ferrari need less mood swings
Alain Prost knows a thing or two about working at Ferrari when times are...
8y ago from GrandPrix247.com
Ferrari delivers higher sales and profits to investors...
XPB Images
Sergio Marchionne promised to deliver improved...
8y ago from F1i.com
Giovinazzi makes Ferrari F1 debut at Fiorano
Antonio Giovinazzi got his first taste of Ferrari Formula 1 machinery when...
8y ago from Motorsport.com
Bernie Ecclestone says Ferrari need 'fresh blood' to...
Bernie Ecclestone says Ferrari must hire 'fresh blood' from outside...
8y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
MotoGP circuit contracts: How long will each race...
No description available...
17h ago from Motorsport.com
Former team boss Lin Jarvis definitively leaves Yamaha
No description available...
1d ago from Motorsport.com
Pedro Acosta: “Forgetting about the championship”...
No description available...
1d ago from Motorsport.com
Pramac MotoGP boss shares what ‘surprised’ him...
Pramac MotoGP Team Manager Gino Borsoi revealed that he was “quite...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
5d ago from MotorsportWeek.c...
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
1w ago from Motorsport.com
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
6d ago from Motorsport.com
Popular On TotalWRC.com
Why Hyundai expects to be stronger in WRC 2026
No description available...
1d ago from Motorsport.com
Red Bull co-owner Mark Mateschitz to enter Dakar...
No description available...
2d ago from Motorsport.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
5d ago from MotorsportWeek.c...
Popular On GunnersToday.com
Arsenal latest: Saliba believes Gunners can win...
No description available...
12h ago from SkySports.com
Report: Arsenal eyeing up a move for 20-year-old...
Arsenal are interested in signing Club Brugge midfielder Aleksandar...
16h ago from CaughtOffside.com
Manchester United and Arsenal step up interest in...
Manchester United and Arsenal have stepped up their pursuit of Belgian...
21h ago from SportsKeeda.com
‘A quick learner’: how Declan Rice went from...
fielder will be part of the conversation for a Ballon d’Or if he...
20h ago from TheGuardian.com
Comments
Hottest News
Why does Audi consider the reveal of its official name as a...
Having revealed its official name and the Berlin... Read More »
9h ago from F1Technical.net
Max Verstappen McLaren contract advice revealed: 'Many...
The friendship between Max Verstappen and Gabriel... Read More »
13h ago from RacingNews365.com
F1 2025 stars as Christmas movie characters
With the 2025 season over, and a long wait before... Read More »
10h ago from GPFans.com
