Ferrari N V Stock Price, News & Analysis

Ferrari N.V. (RACE) is an automobile manufacturing company active in the luxury segment and listed on the New York Stock Exchange (NYSE) and Euronext Milan (EXM) under the ticker RACE. According to its own corporate communications, Ferrari is described as one of the world’s leading luxury brands, with activities that span racing, sports cars and lifestyle. The company’s brand and operations are closely linked to high‑performance sports cars and to its long-standing presence in top-level motor racing.

Core business and brand positioning

Ferrari states that it designs, engineers and produces luxury sports cars from its home in Maranello, Italy, and that these cars are sold in more than 60 markets worldwide. Its vehicles are characterised in company materials as iconic and recognisable luxury sports cars. In addition to cars, Ferrari highlights a lifestyle business focused on personal luxury goods, collectibles and experiences that reflect the brand’s style and passion.

The company’s brand identity is built around the Prancing Horse emblem, which Ferrari describes as a symbol of exclusivity, innovation and high performance across its racing, sports car and lifestyle activities. Ferrari’s communications emphasise that the brand’s heritage and global recognition are closely associated with its Formula 1 racing team, Scuderia Ferrari.

Racing heritage and Scuderia Ferrari

Ferrari underlines that Scuderia Ferrari is the most successful team in Formula 1 history. Company materials note that since the inaugural World Championship in 1950, Scuderia Ferrari has claimed 16 Constructors’ world titles and 15 Drivers’ world titles. This racing record is presented as a key element of the Ferrari brand, supporting both its reputation in motorsport and the positioning of its road cars.

Ferrari also refers to sponsorship, commercial and brand activities linked to racing and lifestyle. These include sponsorship agreements and partnerships associated with Scuderia Ferrari and other racing-related properties, as well as broader brand and lifestyle initiatives.

Sports cars and technology approach

Ferrari’s disclosures describe a product range of luxury sports cars that include internal combustion engine (ICE) models and hybrid engine models. In a discussion of shipments for a recent quarter, the company notes that products delivered included six ICE models and five hybrid models. Ferrari also refers to hybrid plug‑in super sports cars equipped with multiple electric motors alongside a mid‑rear twin‑turbo V8 engine, and to the development of its first full‑electric model as part of what it calls a technology neutrality strategy that encompasses ICE, hybrid and fully electric powertrains.

Company communications highlight factors such as product mix, limited‑series models, personalisation options and racing‑linked activities as important elements in its performance. Ferrari also mentions the construction of testing infrastructure, such as an e‑Vortex test circuit adjacent to its Fiorano track, aimed at improving functional testing of sports cars leaving production.

Lifestyle and brand extensions

Beyond cars and racing, Ferrari states that it designs and creates personal luxury goods, collectibles and experiences that embody the brand’s style and passion. These lifestyle activities are presented as a distinct area of the business, alongside sports cars and racing, and are referenced as contributing to sponsorship, commercial and brand revenues and to the broader visibility of the Ferrari name.

Capital markets and shareholder programs

Ferrari communicates regularly with investors through earnings releases, capital markets events and regulatory filings. The company has outlined multi‑year business plans and long‑term profitability targets, and has described a strategy that includes controlled growth, an emphasis on product mix and personalisation, and the contribution of racing and lifestyle activities.

In its public announcements, Ferrari has also detailed multi‑year share buyback programs involving common shares listed on EXM and the NYSE. The company reports that it completed a multi‑year buyback program of approximately Euro 2 billion and has announced a new multi‑year share buyback program with an expected execution horizon extending toward the end of the decade. Ferrari explains that repurchased shares may be used, among other purposes, to meet obligations under its equity incentive plans.

Financing and banking relationships

Ferrari has disclosed the signing of unsecured committed revolving credit facilities with groups of international banks, intended for general corporate and working capital purposes. In one such announcement, the company notes that a new revolving credit facility replaced a prior facility and provided a lower cost of capital, which Ferrari cites as confirmation of support from a broad panel of relationship banks.

Partnerships and sponsorships

Ferrari’s communications describe a number of multi‑year partnerships connected to its racing and brand activities. Examples include:

• A long‑running collaboration with Philip Morris International, renewed as a multi‑year agreement under which Philip Morris International becomes a Premium Partner of Scuderia Ferrari HP and a Series Partner of the Ferrari Challenge Trofeo Pirelli.
• A multi‑year partnership with Bitdefender, described as a global leader in cybersecurity, renewed through Ferrari S.p.A., the company’s wholly owned Italian subsidiary.
• A multi‑year partnership agreement with BingX, referred to as a crypto exchange and Web3 company, under which BingX becomes a Team Partner of Scuderia Ferrari HP.
• A renewed multiyear partnership with CEVA Logistics, which Ferrari states will continue to support its racing and logistics activities.

These partnerships are presented as part of the company’s broader sponsorship and commercial ecosystem around Scuderia Ferrari and its lifestyle and racing platforms.

Geographic footprint and markets

Ferrari indicates that its luxury sports cars are sold in over 60 markets worldwide. In a discussion of shipments, the company breaks out volumes by region, including EMEA, the Americas, Mainland China (including Hong Kong and Taiwan) and the rest of Asia‑Pacific. Ferrari notes that its geographic allocation strategy is intended to preserve the brand’s exclusivity, and that regional shipment patterns reflect this approach.

Financial reporting and guidance

Ferrari publishes quarterly and annual financial results and provides guidance and long‑term targets in its investor materials. The company reports metrics such as net revenues, shipments, operating profit (EBIT), EBITDA, net profit, earnings per share and industrial free cash flow. It has also communicated guidance ranges and strategic targets for net revenues, EBITDA, operating profit and industrial free cash flow over multi‑year periods.

Ferrari cautions that its forward‑looking statements are subject to risks and uncertainties, and lists factors that could cause actual results to differ from projections. These include the value of the Ferrari brand, the success of racing activities, technological developments in high‑performance cars, regulatory changes, macroeconomic conditions, demand for luxury goods, supply chain dynamics, competition in the luxury performance automobile industry and other operational, financial and regulatory risks.

Corporate calendar and governance events

The company publishes a corporate calendar that includes dates for quarterly earnings releases and the Annual General Meeting for the approval of financial statements. Ferrari notes that it typically provides quarterly financial information and that conference calls for financial analysts are planned on the date of each earnings release, with listen‑only webcasts and related materials made available through its corporate channels.

Regulatory filings

As a foreign private issuer with securities registered in the United States, Ferrari files reports on Form 20‑F and furnishes current reports on Form 6‑K under the Securities Exchange Act of 1934. Recent Form 6‑K filings reference press releases on topics such as the corporate calendar, share buyback activity, financing arrangements and other corporate announcements. Each 6‑K identifies Ferrari N.V. as the registrant and includes an exhibit index pointing to the underlying press release.

RACE stock as an investment reference

For investors and analysts, the RACE stock represents equity ownership in Ferrari N.V., a company that presents itself as a luxury brand combining high‑performance sports cars, Formula 1 racing and lifestyle activities. Publicly available information from Ferrari highlights a focus on controlled volumes, product mix, personalisation, racing‑linked brand value and multi‑year financial and capital allocation plans, including dividends and share repurchases. Regulatory filings and company announcements provide ongoing detail on financial performance, strategic initiatives and capital structure decisions.