Ferrari N.V. operates in the Consumer Discretionary sector, within the luxury automobile manufacturing industry. The company was founded in 1947 in Italy by Enzo Ferrari.

Currently led by CEO Benedetto Vigna, Ferrari operates under the regulations of financial and automotive industry authorities in the markets where it is present. Since its inception, the company has focused on producing high-performance vehicles that combine innovation, design, and racing heritage.

Globally recognized for manufacturing supercars and hypercars with cutting-edge technology and exclusivity, Ferrari’s portfolio includes iconic models such as the SF90 Stradale, 296 GTB, Roma, and LaFerrari. The company is also investing in the development of hybrid and electric vehicles, aligning with evolving demands in the automotive sector.

Beyond manufacturing road cars, Ferrari maintains a strong presence in motorsports as one of the most successful teams in Formula 1, holding multiple titles and records since its debut in 1950.

Ferrari operates globally with strong markets in Europe, North America, Asia, and the Middle East, where demand for its vehicles remains high. Sales are conducted through an exclusive network of dealerships that reinforce the brand's prestige and selective positioning.

Its operational structure includes the company’s headquarters and main manufacturing facility in Maranello, Italy, along with research and development centers focused on innovation and electrification. Additional revenue is generated through brand licensing, strategic partnerships, and exclusive client experiences.

With thousands of employees worldwide, Ferrari maintains strict quality control and customization processes, ensuring the exceptional performance and exclusivity that define its brand.

Ferrari N.V. is publicly traded on the Nasdaq under the ticker RACE.

History and Founding of Ferrari N.V.

Ferrari was founded in 1947 in Maranello, Italy, by Enzo Ferrari, originally as a manufacturer of high-performance sports cars deeply rooted in motorsport. Before establishing the brand, Enzo had already founded Scuderia Ferrari in the 1930s, a racing team that competed in various motorsport events.

In its early years, the company focused on building exclusive race cars but quickly gained recognition and expanded into the luxury automotive market. The first Ferrari model, the 125 S, debuted in 1947, featuring a V12 engine and marking the beginning of the brand’s journey in performance car manufacturing.

Over the decades, Ferrari expanded operations and became a benchmark for innovation, performance, and prestige. Notable milestones in the company’s history include:

• 1969: Fiat acquires a 50% stake in Ferrari, providing capital for growth and international expansion.

• 1988: Launch of the Ferrari F40, one of the brand’s most iconic models.

• 2015: Ferrari completes its initial public offering (IPO) on the New York Stock Exchange (NYSE), becoming an independent company from Fiat Chrysler Automobiles (FCA).

• 2020: Introduction of the SF90 Stradale, Ferrari’s first plug-in hybrid model.

Between 2022 and 2024, Ferrari increased investments in electrification and innovation, announcing plans to release its first fully electric vehicle in the coming years.

The company also continues to strengthen its Formula 1 presence and expand its customization and exclusivity strategies for clients. Today, Ferrari N.V. remains an icon in the automotive world—combining heritage, cutting-edge design, and high performance to maintain its status as one of the most prestigious car brands globally.

Additional Information

Ferrari NV (Italy) is listed on the Nasdaq and has a market capitalization of $70.06 billion, with shareholders equity totaling $4.22 billion.

The company employs approximately 5.743 people and operates in the Consumer Cyclical sector, within the Auto & Truck Manufacturers industry.

Over the past 12 months, Ferrari NV reported $8.55 billion in revenue, generating net income of $1.90 billion.

Key financial metrics include a P/E ratio of 36.84, a price-to-book (P/B) ratio of 16.59, and a trailing twelve-month dividend yield of 1.07%.

The company trades under the ticker RACE.